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Italian fintech Sibill closes €12M Series A round led by Creandum

  • Milan-based fintech Sibill, specializing in financial and administrative management for SMEs, has secured a €12M Series A funding round led by Creandum.
  • Sibill's total funding now stands at €18.7M, following a previous funding round in June 2024.
  • The platform offered by Sibill centralizes financial tasks and uses AI to automate manual processes, serving over 2,600 clients and aiming to streamline operations for Italian SMEs.
  • The funding will support Sibill's expansion, including launching a solution for accounting firms, automating key processes, and further developing its platform to enhance financial and administrative operations for SMEs.

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