Barcelona’s Kabilio raises €10M to bring AI agents to accounting firms

Barcelona-based startup Kabilio raised €10M to develop AI agents that automate accounting tasks like invoice processing and reconciliation for small business accounting firms, expanding from 100 to nearly 500 firms. The AI agent, entering beta, can autonomously handle tasks such as gathering invoices, reconciling accounts, and client communication under accountant supervision. Kabilio also launched a platform for small businesses to manage invoices and cash flow, aiming to extend AI assistance.