Portugal

Portuguese startup uses artificial intelligence to read invoices line by line

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 20/10/2026, 06:11:25 UTC.

Briefings

A Portuguese startup Kangaroo Files uses AI to read invoices line-by-line, automatically classifying expenses and alerting certified accountants to discrepancies. Founded three years ago by four finance and science graduates, the platform now serves over 600 companies and processes 100,000 invoices monthly, with projections of 250,000 monthly by December. The service operates on a monthly fee of 59.90 euros plus per-client charges, and clients can upload invoices via WhatsApp or email. Key uncertainty remains about the company's growth trajectory beyond the December 2026 milestone.

Key points

• Kangaroo Files is a Portuguese startup founded three years ago by four graduates from UPCA and the University of Minho, specializing in AI-powered invoice processing.
• The platform processes 100,000 invoices monthly with a monthly fee of 59.90 euros plus per-client charges, serving over 600 companies as of the report.

Context

This article reports on a Portuguese startup using AI to automate invoice processing, a solution that has gained traction among certified accountants. The company aims to help professionals save time by automatically classifying expenses and flagging anomalies, moving beyond simple digital archiving to active data analysis.

Limitations

The evidence is limited to a single article from October 2026, with no additional data on client adoption rates, specific revenue figures, or long-term sustainability beyond the December 2026 projection.

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