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.