The Dublin and London-based fintech, established by former Stripe and Tide engineers, has facilitated over 100,000 transactions and 40,000 invoices for more than 80 early clients. With a €7.5M seed round led by 13books, total funding has reached €10M, allowing the platform to open to any UK and Ireland startup.
Seapoint, an AI-driven financial operations platform for startups, raised €7.5 million in a seed round led by 13books, alongside Ventures Together, Portfolio Ventures, and over 40 angel investors. Frontline Ventures and Tapestry VC, supporters of the company’s initial €2.5 million pre-seed funding in September 2025, also participated. Total funding is now €10 million.
The funding aligns with the platform’s full launch for UK and Ireland startup founders, previously accessible only via a waitlist.
The weighty angel list includes Claire Hughes Johnson, former Stripe COO, George Bevis, Tide founder, and Des Traynor, Intercom co-founder, among its backers.
The pre-seed round attracted former COOs from Stripe, Revolut, Tide, and Tines, strategically recruiting from companies it aims to outperform or complement. Seapoint pitches itself on understanding the financial challenges of growing startups, having built the infrastructure those companies use.
Seapoint addresses familiar issues for anyone managing finance between seed and Series B stages—fragmented accounts, unpaid invoices, separate payroll systems, delayed accountant reports, and idle cash earning minimal returns.
While these problems aren’t technically complex in isolation, no single product previously tackled them collectively. Startups aiming for their next funding round often lack the capacity to construct a cohesive financial infrastructure from scratch.
Seapoint merges financial connectivity with integrated financial products. Users can link bank accounts, Gmail, and accounting software for real-time transaction categorization by vendor, syncing with Xero. Product features include multi-currency business accounts, a money market treasury account (via Wealthkernel and BlackRock), and virtual team cards, enabling transactions, cash yield sweeps, or card issuance within the app.
A founder with £400,000 in the treasury account could earn approximately £14,000 in interest over a year, funds that would otherwise yield near-zero rates in a standard account.
The platform’s early traction is modest but solid, with over 80 companies using Seapoint. Processing over 100,000 transactions and more than 40,000 invoices enhances the platform’s AI categorization’s accuracy.
CEO Sean Mullaney, former Stripe European CIO and AI unicorn Algolia CTO, has advised the European Central Bank and the Bank of England.
The competitive landscape includes Revolut Business, Tide, Airwallex, Mercury, and Brex, targeting similar customer segments with similar features.
Seapoint’s differentiation rests on integration depth (banking, automation, and accounting in one product) and target segment (UK and Irish VC-backed startups specifically, not SMEs broadly).
Whether this position is meaningfully distinct or a feature set replicable by larger players is a question investors in this category continually explore.
Seapoint, with 80 paying customers and €10 million backing, now aims to achieve the growth that justifies a Series A.
Planned for later in 2026: cash flow forecasting, physical cards, foreign exchange, and US dollar accounts. Mullaney also highlighted long-term ambitions for AI agents to integrate financial data directly into investor updates and planning tools.