Seapoint has raised €7.5 million in seed funding, led by London-based fintech VC 13books. More than 40 angel investors joined, along with existing backers Frontline Ventures and Tapestry VC. Other investors include Claire Hughes Johnson, Laurence Krieger, Des Traynor, and Luke Mackey.
Sean Mullaney founded Seapoint in Dublin in January 2025 after he saw firsthand how difficult it was for a bank to accept a £600,000 cheque from a newly funded startup. He was previously the European CIO at Stripe and CTO at AI unicorn Algolia, and has advised both the European Central Bank and the Bank of England. More than half of Seapoint’s team are also Stripe alumni.
Its AI financial operations platform is built for startups from pre-seed to Series A. Seapoint connects to a company’s bank accounts, accounting software, and email in less than 10 minutes, then automates tasks such as bookkeeping, payroll, expense tracking, invoice payments, and financial reporting.
The platform also offers multi-currency accounts, corporate cards, international payments, and access to treasury products, such as BlackRock Sterling and Euro Government Liquidity Funds, through a partnership with WealthKernel.
Seapoint fills a gap between two unsatisfactory choices. Consumer-focused neobanks like Revolut, Tide, and N26 do not offer the depth that venture-backed companies need, while traditional corporate banks are slow and not welcoming to startups.
Its main competitors are Brex and Ramp, which are strong in the US but not widely available in Europe, and Pleo, which focuses only on expenses. Seapoint stands out by integrating with the tools founders already use, rather than trying to replace them.
With this round, Seapoint’s total funding reaches €10 million, just over a year since it was founded. The company is also launching self-service sign-ups in the UK and Ireland with no waitlist, marking its first public release after a private beta with more than 80 design partners.
