Kabilio raises 10 million euros to launch its AI accounting agent and accelerate Kabilio Empresas

The Catalan legaltech Kabilio has closed a 10 million euro funding round to accelerate the distribution of Kabilio Empresas, its division aimed at SMEs, and to finalise the development of an artificial intelligence agent that will perform the company's accounting functions. The operation was led by the funds Picus Capital and Visionaries Club, with participation from the CDTI.

It is the company's second relevant raise in recent years, after it raised four million euros last year in a first pre-seed round led precisely by the same funds, Visionaries Club and Picus Capital, which now renew and expand their bet.

An accounting agent with professional supervision

The flagship product in development is an AI agent that will perform accounting functions in the company. The company underlines an important nuance for its regulatory and market positioning: the tool will require professional supervision to function. The declared goal is not to replace the adviser, but to help firms alleviate the shortage of qualified staff the sector is going through, with the agent taking care of the repetitive work.

Jose Ojeda, co-founder and co-CEO of Kabilio, explains the product's logic: "The goal is for the adviser to have each client's information up to date, without having to chase it, and to have time to help them make decisions. This round allows us to accelerate the two pieces that make it possible, connecting the SME directly with its firm and incorporating the accounting agent that takes care of the repetitive work."

Kabilio Empresas: the SME connected in real time with its adviser

The other leg of the investment is Kabilio Empresas, the latest product the tech company has brought to market. The tool allows SMEs and the self-employed to issue and scan invoices, connect their banks and consult their treasury in real time, including tracking pending payments and collections. All the information companies record is instantly available to their adviser, without having to send it manually through other channels.

"Whoever runs a business wants to spend less time on administration and have the peace of mind of knowing how their accounts are doing. With Kabilio Empresas they have their collections, payments and treasury at hand, while their adviser works in parallel with that same information", explains Álex Valls, co-founder and co-CEO. "In turn, the time the firm recovers can be devoted to anticipating incidents, explaining the results and better accompanying each client", he adds.

A product designed for advisers, not to replace them

Kabilio's commercial design is the inverse of the automation tools that sell directly to the SME promising to do without the professional: here the natural customer is the firm, and the SME enters the ecosystem through it. The accounting agent in development follows that same logic - it executes the repetitive accounting work, but "will require professional supervision to function", in the company's own words - which distances it from the replacement discourse and brings it closer to that of capacity expansion: each adviser can serve more clients with the same team, in a sector that has been dragging difficulties in recruiting qualified staff.

That positioning has a defensive advantage in the face of the regulatory changes that are forcing SMEs and the self-employed to digitalise their invoicing and their relationship with the administration: whoever already works with a firm connected in real time arrives at those obligations with the infrastructure in place.

Fivefold growth and 80 professionals

The injection accompanies a strong pace of growth: Kabilio will close 2026 working with more than 500 professional firms across Spain, after multiplying its client base by five in the last year. The new resources will also serve to strengthen the product, technology and support departments of a firm that already has a staff of 80 professionals.

Taken together, the operation depicts a company that has moved in a short time from validating its initial product among accountancy firms to building a two-sided platform - firm and client company - with a layer of artificial intelligence on top. The funding raised, 14 million euros adding the pre-seed and this round, gives it room to complete that plan, and the renewal of its initial investors suggests that the metrics presented to the market have passed the due diligence review. The challenge now is execution: finishing the accounting agent with the reliability that an accounting figure demands and scaling the distribution of Kabilio Empresas without degrading support for the firms that already trust the platform.

What the operation signals to investors

That Picus Capital and Visionaries Club repeat at the head of the round after leading the four million pre-seed is the signal the market usually watches most: the investors who know the company best have reviewed its metrics - client base multiplied by five in one year and the forecast of exceeding 500 firms by the end of 2026 - and have doubled down instead of seeking a new external lead. The entry of the CDTI, the public innovation financing entity, adds a layer of institutional validation and a cushion of non-dilutive capital or capital on specific terms that usually accompanies Spanish rounds of this scale.

The other signal is about product: the round is not aimed at selling more licences of the same, but at finishing the accounting agent and scaling Kabilio Empresas, the tool that turns the SME into a direct source of data for the adviser. It is a bet on the continuous flow of information - invoices issued and scanned, banks connected, treasury in real time - as against the traditional model of monthly document delivery.

The context: venture capital and the accounting layer of the legal sector

Kabilio's round confirms that venture capital keeps entering the Hispanic segment of technology applied to professional services, but with a shift of focus: not towards "law" in the strict sense, but towards the accounting and administrative layer shared by accountancy and law firms. The presence of the CDTI in the operation adds the public innovation financing component, usual in Spanish rounds of this scale.

The "agent with professional supervision" design is also a deliberate response to the European AI framework and to the sector's sensitivity regarding professional responsibility: the AI executes, the adviser reviews and decides. It is the same pattern the major platforms in the market are adopting. In this line you can read our coverage of the 1.5 million round of Falcon for its subscription AI law firm, of the legaltech unicorn born from the Clio-vLex merger and of the record month of AI legaltech with Harvey and Legora.

Sources

• El Economista: "Kabilio raises 10 million in a round to accelerate its division for companies"