Sibill Secures €12M to Transform Financial Management for Italian SMEs
June 26, 2025, 3:37 pm
In the bustling heart of Milan, a fintech startup named Sibill has just struck gold. The company has successfully closed a €12 million Series A funding round, a significant leap in its mission to simplify financial management for small and medium enterprises (SMEs) across Italy. This funding round, led by the venture capital firm Creandum, brings Sibill’s total funding to €18.7 million. It’s a testament to the growing interest in fintech solutions that cater to the unique needs of SMEs.
Founded in 2021 by a trio of visionaries—Mattia Montepara, Lorenzo Liguori, and Dario Prencipe—Sibill is not just another tech startup. It’s a lifeline for SMEs drowning in paperwork and administrative chaos. The company’s platform centralizes invoices, payments, and deadlines, creating a streamlined hub for financial management. Think of it as a digital Swiss Army knife for business finances.
The need for such a solution is palpable. Italian SMEs often grapple with outdated systems and cumbersome processes. Sibill aims to change that narrative. By integrating banking cash flows with the Agenzia delle Entrate’s exchange system, the platform harnesses the power of artificial intelligence. This automation allows businesses to save precious time, maintain organized accounts, and make swift, informed decisions. It’s like having a financial assistant that never sleeps.
Currently, Sibill serves over 2,600 clients, helping them reclaim an average of five hours each week. That’s five hours that can be redirected toward growth, innovation, or simply catching a breath. With a team of over 50 employees, the company has ambitious plans to double its workforce by the end of 2025. This growth is not just about numbers; it’s about impact.
The recent funding will be pivotal. Sibill plans to enhance its platform, introduce new features, and forge strategic partnerships. The focus is clear: to empower Italian SMEs with tools that enhance productivity and competitiveness. The founders understand the landscape well. They recognize the challenges that SMEs face and are committed to providing solutions that resonate with their realities.
The market opportunity is vast. Italy’s tech ecosystem is evolving, and investors are taking notice. Creandum’s involvement is a strong endorsement. The firm sees Sibill as a beacon in a market filled with legacy systems that often deliver a poor user experience. This gap presents a golden opportunity for Sibill to carve out its niche.
As part of its growth strategy, Sibill is set to launch a new solution aimed at accountants. This tool will automate various accounting tasks, such as data collection and bank reconciliation. The goal is to enable accounting firms to close their clients’ books faster, boosting productivity and reducing operational costs. For SMEs, this means real-time access to financial statements instead of waiting weeks or months. It’s a game-changer.
Moreover, Sibill is not stopping there. The team is also focused on developing features that automate payments for taxes, suppliers, and employees. Imagine processing bulk payments without the risk of manual errors. It’s efficiency redefined.
The vision is clear: Sibill aims to be the go-to solution for managing the entire financial and administrative landscape of Italian SMEs. The emphasis on simplicity and intuitive design ensures that even the least tech-savvy users can navigate the platform with ease. In a world where complexity often reigns, Sibill offers a refreshing breath of clarity.
The potential impact of Sibill’s platform extends beyond individual businesses. By streamlining financial management, the company contributes to the overall health of the Italian economy. More efficient SMEs can lead to increased competitiveness on a global scale. It’s a ripple effect that could transform the business landscape.
As Sibill embarks on this journey, it stands at the intersection of technology and finance. The startup embodies the spirit of innovation that defines the modern fintech landscape. With the backing of seasoned investors and a clear vision, Sibill is poised to make waves in the industry.
In conclusion, Sibill’s recent funding round is more than just a financial milestone. It’s a signal of the changing tides in Italy’s fintech sector. As the company gears up for expansion, it carries the hopes of countless SMEs on its shoulders. The future looks bright for Sibill, and for the businesses it aims to empower. In the world of finance, simplicity is the new sophistication, and Sibill is leading the charge.
Founded in 2021 by a trio of visionaries—Mattia Montepara, Lorenzo Liguori, and Dario Prencipe—Sibill is not just another tech startup. It’s a lifeline for SMEs drowning in paperwork and administrative chaos. The company’s platform centralizes invoices, payments, and deadlines, creating a streamlined hub for financial management. Think of it as a digital Swiss Army knife for business finances.
The need for such a solution is palpable. Italian SMEs often grapple with outdated systems and cumbersome processes. Sibill aims to change that narrative. By integrating banking cash flows with the Agenzia delle Entrate’s exchange system, the platform harnesses the power of artificial intelligence. This automation allows businesses to save precious time, maintain organized accounts, and make swift, informed decisions. It’s like having a financial assistant that never sleeps.
Currently, Sibill serves over 2,600 clients, helping them reclaim an average of five hours each week. That’s five hours that can be redirected toward growth, innovation, or simply catching a breath. With a team of over 50 employees, the company has ambitious plans to double its workforce by the end of 2025. This growth is not just about numbers; it’s about impact.
The recent funding will be pivotal. Sibill plans to enhance its platform, introduce new features, and forge strategic partnerships. The focus is clear: to empower Italian SMEs with tools that enhance productivity and competitiveness. The founders understand the landscape well. They recognize the challenges that SMEs face and are committed to providing solutions that resonate with their realities.
The market opportunity is vast. Italy’s tech ecosystem is evolving, and investors are taking notice. Creandum’s involvement is a strong endorsement. The firm sees Sibill as a beacon in a market filled with legacy systems that often deliver a poor user experience. This gap presents a golden opportunity for Sibill to carve out its niche.
As part of its growth strategy, Sibill is set to launch a new solution aimed at accountants. This tool will automate various accounting tasks, such as data collection and bank reconciliation. The goal is to enable accounting firms to close their clients’ books faster, boosting productivity and reducing operational costs. For SMEs, this means real-time access to financial statements instead of waiting weeks or months. It’s a game-changer.
Moreover, Sibill is not stopping there. The team is also focused on developing features that automate payments for taxes, suppliers, and employees. Imagine processing bulk payments without the risk of manual errors. It’s efficiency redefined.
The vision is clear: Sibill aims to be the go-to solution for managing the entire financial and administrative landscape of Italian SMEs. The emphasis on simplicity and intuitive design ensures that even the least tech-savvy users can navigate the platform with ease. In a world where complexity often reigns, Sibill offers a refreshing breath of clarity.
The potential impact of Sibill’s platform extends beyond individual businesses. By streamlining financial management, the company contributes to the overall health of the Italian economy. More efficient SMEs can lead to increased competitiveness on a global scale. It’s a ripple effect that could transform the business landscape.
As Sibill embarks on this journey, it stands at the intersection of technology and finance. The startup embodies the spirit of innovation that defines the modern fintech landscape. With the backing of seasoned investors and a clear vision, Sibill is poised to make waves in the industry.
In conclusion, Sibill’s recent funding round is more than just a financial milestone. It’s a signal of the changing tides in Italy’s fintech sector. As the company gears up for expansion, it carries the hopes of countless SMEs on its shoulders. The future looks bright for Sibill, and for the businesses it aims to empower. In the world of finance, simplicity is the new sophistication, and Sibill is leading the charge.