Seapoint, a Dublin and London-based AI-native financial platform for startup founders, has raised €7.5 million in a seed round, bringing total funding to €10 million, and is opening its platform to any startup founder in the UK and Ireland. The round was led by 13books, with participation from Ventures Together, Portfolio Ventures, and more than 40 angels. Frontline Ventures and Tapestry VC also returned as investors. Notable angel backers include Claire Hughes Johnson, former COO of Stripe, George Bevis, founder of Tide, and Des Traynor, co-founder of Intercom.
Seapoint is built around the premise that a founder’s biggest risk is running out of cash before proving key milestones, and that financial clarity is a direct driver of startup survival. The platform combines AI-native financial automation with integrated financial products including multi-currency accounts, a money market treasury account, and virtual cards, all within a single environment. Founders can connect existing bank accounts, Gmail, and accounting software to get a real-time, unified view of their finances, while Seapoint’s AI categorizes every transaction by vendor name rather than accounting jargon. The platform syncs with Xero in real time, giving accountants and founders access to the same live data.
More than 80 companies are already running their finances on Seapoint, with the platform having processed more than 100,000 transactions and over 40,000 invoices. The company is built by a team of 20 engineers and operators from Stripe, Tide, and other fintech companies. Upcoming features include cash flow forecasting, physical cards, foreign exchange, and US dollar accounts, as well as AI workflows and integrations designed to push financial data into investor updates, planning tools, and daily business operations.
KEY QUOTES:
“The biggest risk to a startup is you run out of money. So having the finance overview is so important.”
“As a startup founder, your biggest risk is running out of cash and time before you can prove your milestones and raise further capital. We believe founders who have clarity and control over their finances have a fundamentally higher chance of succeeding — because when you can see exactly where your money is going, you make better decisions about where it should go. You move faster. You waste less. And when things get tight, you have months of extra runway instead of weeks.”
Sean Mullaney, Founder and CEO, Seapoint
