Sibill has raised $14.6M in total across 2 funding rounds.
Sibill's investors include Banana Capital, Creandum, Primo Ventures.
Sibill is an Italian fintech startup founded in 2021 that provides a SaaS platform simplifying administrative, financial, and accounting management for small and medium-sized enterprises (SMEs) in Italy.[1][2][3][4] The platform centralizes invoices, payments, and deadlines, integrating banking cashflows and the Agenzia delle Entrate’s exchange system while using AI to automate manual tasks, offering real-time cashflow visibility to help businesses save time—averaging 5 hours per week per entrepreneur—and make faster decisions.[1][4] Serving over 2,600 clients with a team of 50+ employees, Sibill recently raised €12 million in Series A funding (bringing total funding to €18.7 million), led by Creandum and Keen Venture Partners, to enhance features like tax and supplier payments automation and double its workforce by end-2025.[1][2][4]
Targeting Italy's vast SME market plagued by legacy tools with poor user experience, Sibill also aims to become the go-to solution for accountants by automating data collection, purchase recording, and bank reconciliation, boosting their productivity.[2][4]
Sibill was founded in 2021 in Milan by Mattia Montepara (CEO), Lorenzo Liguori, and Dario Prencipe, who recognized the pain points of Italian SMEs in handling fragmented financial admin amid outdated incumbents.[1][4][5] The idea emerged from deep local knowledge of SME challenges, leading to a platform that automates workflows via AI and key integrations like banking and tax authority systems.[1] Early traction built quickly, with prior €6.7 million in seed funding enabling growth to over 2,600 clients; the pivotal €12 million Series A in June 2025, backed by Creandum (investors in Spotify and Klarna), validated its potential and fueled plans for accountant-focused expansions.[1][2][4]
Sibill rides the fintech wave modernizing Europe's fragmented SME finance sector, particularly Italy's massive but underserved market of traditional businesses lagging in digital tools.[1][2] Timing is ideal amid rising AI adoption for automation and post-pandemic SME digitization pushes, with market forces like poor incumbent UX creating a "massive opportunity" as noted by Creandum's Johan Brenner.[1] By targeting accountants alongside SMEs, Sibill influences Italy's ecosystem—boosting productivity in a key economy—while signaling Creandum's bet on Italy's growing tech scene, akin to its hits like Spotify.[1][4]
Sibill is poised to dominate Italian SME fintech with its localized AI platform, leveraging €12M to launch accountant tools and partnerships, potentially capturing thousands more users as team doubles by end-2025.[1][2][4] Trends like AI-driven compliance and embedded finance will propel growth, evolving Sibill from niche automator to comprehensive financial OS amid Italy's tech maturation. Expect international whispers post-Italy mastery, amplifying its role in empowering SMEs for global competitiveness—right from its strong Series A launch.
Sibill has raised $14.6M across 2 funding rounds. Most recently, it raised $14.0M Series A in June 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2025 | $14.0M Series A | Banana Capital, Creandum, Primo Ventures | |
| Sep 1, 2021 | $580K Seed | Primo Ventures |
