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Kabilio Raises €10 Million to Develop AI Agent for Accounting Firms

Kabilio Raises €10 Million to Develop AI Agent for Accounting Firms

Photo: TokenPost

Barcelona-based Kabilio has raised €10 million to develop an AI agent for accounting firms, expanding its effort to automate routine tasks such as requesting missing receipts from clients. Picus Capital and Visionaries Club led the round. Centro para el Desarrollo Tecnológico y la Innovación (CDTI), Spain’s public technology and innovation agency, also participated. Both lead investors joined Kabilio’s €4 million pre-seed round a year earlier, bringing its total funding to €14 million. Kabilio’s existing software reads invoices, suggests bookkeeping entries, matches bank transactions and flags unusual items for accountants to review.

Source: TokenPost

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