{
  "id": 18264475,
  "title": "Kabilio raises €10M to expand AI accounting platform and introduce AI agents",
  "url": "https://urgent.news/2026/11/05/kabilio-raises-10m-to-expand-ai-accounting-platform-and-introduce-ai",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-05T06:30:00.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/11/05/kabilio-raises-eur10m-to-expand-ai-accounting-platform-and-introduce-ai-agents/"
  },
  "original_language": "en",
  "account": "Spanish AI accounting platform Kabilio has secured €10 million in funding to expand its services and introduce AI agents to automate accounting workflows. The investment, led by Picus Capital and Visionaries, brings the company's total funding to €14 million since its launch. Kabilio's platform, co-founded by Jose Ojeda and Álex Valls, aims to automate administrative and financial processes for accounting firms and their small business clients. Their AI reads invoices, suggests entries, matches bank transactions, and prepares reconciliations, reducing bookkeeping time by up to 60%. The company has already piloted the technology with several firms and launched Kabilio Empresas, allowing small businesses to manage their finances and share data with their accounting firms in real time. Kabilio plans to extend its AI agent to small business clients, enabling them to issue invoices, follow up on overdue payments, and answer accounting and tax questions. With nearly 500 accounting firms and 80 employees, Kabilio is set to revolutionize the accounting industry with its innovative technology and AI-driven solutions.",
  "summary": "Spanish AI accountingplatform Kabilio has raised €10 million in a funding round led by Picus Capitaland Visionaries, with participation from CDTI, Spain's public agency fortechnological innovation. Th...",
  "key_points": [
    "Kabilio raises €10M investment to expand AI accounting platform",
    "AI agents introduced to automate accounting workflows",
    "Platform reduces bookkeeping time by up to 60%"
  ],
  "editors_take": "Scaling automated workflows through specialized AI agents shifts the burden of administrative tasks from human accountants to software, enabling faster financial management for both firms and small business clients.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Finextra",
        "title": "AI accounting platform Kabilio raises €10m",
        "url": "https://urgent.news/2026/11/05/ai-accounting-platform-kabilio-raises-10m",
        "published": "2026-11-05T09:00:00.000Z"
      },
      {
        "outlet": "EU-Startups",
        "title": "Barcelona’s Kabilio raises €10 million to deploy its AI accounting agent as client base nears 500 firms",
        "url": "https://urgent.news/2026/11/05/barcelonas-kabilio-raises-10-million-to-deploy-its-ai-accounting",
        "published": "2026-11-05T09:19:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}