"Overall, the funding will support Sibill's aim to become the primary platform for financial and administrative operations for Italian SMEs, while continuing to focus on usability and system functionality."
"We are excited to use this funding to enhance our platform and launch new solutions that demonstrate our commitment to helping SMEs achieve greater efficiency."
Sibill, a fintech start-up founded in 2021, has successfully raised €12M in Series A funding, bringing total funding to €18.7M. This round was led by Creandum, alongside Keen Venture Partners and various business angels. Sibill’s platform simplifies financial and administrative tasks for small and medium enterprises (SMEs), centralizing invoices and automating processes through AI. With over 2,600 clients in Italy, the funds will be utilized to develop tailored solutions for accounting firms and enhance their existing platform, aiming to streamline operations further and reduce costs for users.
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