Sibill, an Agropoli, Italy-based company that focuses on simplifying and automating financial operations for Italian SMBs, raised €6.2 million in funding.
Investors
The investment was from Keen Venture Partners, Founders, and Exor Ventures.
Sibill Use of Funds
The investment garnered across two tranches and will further accelerate Sibill’s mission to become the leading FinOps platform for SMBs in Italy. With the new funding, Sibill plans to introduce additional features and services, further enhancing its value proposition for SMBs and accelerating and simplifying the work that accountants do for their customers.
About Sibill
Founded in 2021, Sibill is an all-in-one FinOps (Financial Operations) platform designed specifically for small and medium-sized businesses (SMBs) in Italy. It offers a comprehensive suite of tools to simplify and automate various financial tasks, including e-invoicing, cash flow management, payment scheduling, and end-of-month reconciliation.
Funding Details
Company: Sibill Srl
Raised: €6.2M
Round: Unknown
Funding Month: June 2024
Investors: Keen Venture Partners, Founders, Exor Ventures
Company Website: https://sibill.com/
Software Category: Financial Operations
Source: https://www.eu-startups.com/2024/06/milan-based-sibill-secures-e6-2-million-to-simplify-and-automate-financial-operations-for-italian-smbs/