Accounting firms across Spain still lose countless hours to repetitive tasks like collecting invoices, matching bank statements, and keeping up with compliance deadlines. The process not only slows operations but also makes it difficult to retain talented professionals, especially during the high-pressure quarterly cycles that dominate the industry. Kabilio, an AI-powered accounting startup, is tackling this problem head-on by automating these manual processes and helping firms work smarter and faster.
Barcelona-based startup Kabilio wants to change that. Founded in 2024, the company has developed an AI-powered platform designed to streamline collaboration between advisors and their clients. By automating routine accounting and tax processes, Kabilio frees up professionals to focus on strategic advisory work instead of tedious paperwork.
To accelerate its growth, Kabilio has raised €4 million in pre-seed funding from Visionaries Club and Picus Capital, alongside €200,000 in public funding from ENISA. The new capital will be used to expand the team, roll out new features, and strengthen the company’s presence across Spain before expanding into other European markets.
Kabilio was founded by entrepreneurs José Ojeda and Álex Valls, who drew inspiration from their firsthand experiences in consulting and tech startups. Ojeda, who previously worked at McKinsey, Rocket Internet, and 011h, and Valls, who held roles at Social Point, Exoticca, and 011h, both witnessed the challenges accounting firms faced in attracting and retaining skilled talent.
Many professionals were leaving the field because their days were consumed by manual administrative work. The founders saw a clear opportunity to use AI to alleviate that burden and reshape how accounting teams operate.
Ojeda explained that they had seen how inefficient and stressful workflows could become at the end of each quarter, with advisors scrambling to collect incomplete or delayed client data.
The rise of generative AI presented a breakthrough moment, offering a way to automate repetitive and error-prone processes. Their vision was to modernize a crucial part of the economy, making accounting more accurate, efficient, and human-centered.
Kabilio’s platform uses generative AI to manage the most time-consuming accounting tasks. It automatically processes invoices from multiple sources, email, cloud storage, or other integrations, and can even handle complex cases involving intra-EU transactions and reverse charge VAT. The system continually improves its accuracy through data learning and has already achieved a precision rate of around 97%.
According to Ojeda, the key advantage lies in Kabilio’s ability to adapt generative AI specifically to the Spanish accounting and tax environment. This ensures high contextual accuracy and compliance, allowing firms to boost productivity without sacrificing trust or regulatory precision.
The platform also features advanced bank reconciliation that connects with nearly every Spanish bank, automatically matching transactions with invoices. Advisors can review results in one place without manually uploading statements. For freelancers and small businesses, Kabilio provides a Verifactu-compliant invoicing tool that syncs data with their accountants in real time, eliminating the back-and-forth of emails and spreadsheets.
The company is now piloting an AI assistant called Kabi, which lets users search and interact with financial data through natural language. Instead of manually filtering through documents, accountants can simply ask Kabi questions or issue commands in a chat-style interface. Future versions will go a step further, handling tasks automatically.
Co-founder Álex Valls believes the accounting industry is at a turning point similar to when software first transformed corporate workflows two decades ago. He sees AI not just as an optimization tool, but as a force reshaping the nature of work and client relationships within the sector. Kabilio’s goal, he says, is to build the infrastructure that powers this new era of intelligent, collaborative accounting.
Following its funding round, the company plans to expand its engineering and sales teams and accelerate the rollout of new AI-driven features that enhance automation and decision-making. Visionaries Club partner Robert Jäckle noted that Kabilio stands out because it applies AI to solve real operational pain points rather than chasing hype. He believes the company could emerge as Europe’s leading modern accounting platform.
Picus Capital managing director Florian Reichert echoed this view, saying that Kabilio enables advisors to collaborate more effectively with their clients by removing the burden of repetitive work and unlocking new strategic value.
Ojeda emphasized that Kabilio’s immediate focus remains on consolidating its leadership in Spain before expanding abroad. International growth, he said, will follow naturally once the model proves successful at home.
