Sibill
Via Benigno Crespi 19, Milano, Lombardia, 20159, Italy
Overview
Sibill offers a single platform that centralises invoices, payments, and deadlines for Italian SMEs and integrates banking cashflows and the Agenzia delle Entrate exchange system. The company leverages AI to automate manual tasks, provide real-time cashflow visibility, and help businesses save time and keep accounts organised. Sibill serves over 2,600 clients across Italy and reports customers save an average of five hours per week. The team is 50+ people and the company aims to double in size by the end of 2025. Management says it will use new capital to strengthen platform development, add features, and build strategic partnerships to support growth. Sibill is a Milan-based fintech that launched its product in 2023 and offers a suite of tools for e-invoicing, cashflow management, payment scheduling, and end-of-month reconciliation. The software is designed to enable smoother cooperation between SMBs and their accountants. The company cites strong tailwinds from Italy’s requirement that all B2B and B2G invoicing flows be digital, pointing to an addressable market of over 4 million Italian companies. Management says Sibill has seen strong uptake and a growing customer count. The firm secured €6.2M across two tranches and will use the proceeds to further develop its payments platform. Leadership intends to leverage the funding to pursue rapid expansion in the Italian SMB FinOps market and become a national champion.
- Total raised
- $21M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Jun 2025
Industries
- Asset Management
- Business Process Automation (BPA)
- Financial Services
- FinTech
Recent funding
Series A
Jun 2025
$14M
Equity
Jun 2024
$7M