Kabilio raises €10M to deploy AI agents inside accounting firms as client base approaches 500

Kabilio (Barcelona) has raised €10 million in a funding round co-led by Picus Capital and Visionaries Club, with participation from CDTI Innovación (Spain's industrial and technology innovation agency). The round follows a €4 million pre-seed from the same lead investors, bringing the company's total funding to €14 million. Co-CEOs Jose Ojeda and Álex Valls lead the company, which now serves nearly 500 professional accounting firms and employs approximately 80 people. The round was announced on 5 November 2026; stage was not disclosed in official communications.

AI agents for the professional accounting workflow

Kabilio builds AI agents deployed inside accounting practices — the independent and mid-market firms that handle bookkeeping, tax compliance, and financial reporting for businesses. The core workflow problem these firms face is familiar: high-volume, repetitive document processing where accuracy is non-negotiable, compliance requirements change frequently, and the cost of error falls directly on the firm's professional indemnity.

The company's platform deploys agents that work within those existing workflows rather than replacing them. The agents handle client onboarding documentation, categorise financial transactions, process invoices and receipts, and assist with compliance reporting — the high-frequency, lower-judgment tasks that consume a disproportionate share of junior staff time in accounting practices. At nearly 500 client firms, Kabilio has demonstrated the product can be adopted at scale without requiring the kind of wholesale workflow replacement that typically blocks enterprise software adoption in professional services.

Why the same investors re-led

Picus Capital and Visionaries Club co-led the original €4 million pre-seed and both returned as co-leads for this round. For either fund to double down at a significantly higher valuation is a meaningful signal about internal view on trajectory. Both are established European B2B SaaS investors with selective deal flow; a re-investment from the founding syndicate, joined by CDTI Innovación — the Spanish government agency for industrial innovation — indicates the operational milestones between rounds were met.

The 80-person headcount and near-500-firm client base reached on a €4 million pre-seed also suggests the company built capital-efficiently before this raise. The €10 million finances the next phase: expanding the agent capability for existing clients and accelerating acquisition of new accounting practices. The Spanish and European professional accountancy market provides a substantial addressable base; Picus and Visionaries bring cross-border distribution networks across Germany, the UK, and broader Europe that could support expansion beyond the Iberian market.