Seapoint, an AI-native financial operations platform designed for Europe’s startup ecosystem, has raised €7.5 million in seed funding, bringing its total funding to €10 million within just over a year. The company plans to apply the new capital to accelerate its expansion across Europe. The funding round was led by 13books, with participation from a broad group of venture capital firms and more than 40 angel investors. Notable backers include Claire Hughes Johnson, Laurence Krieger, Des Traynor, and Luke Mackey, alongside existing investors Frontline Ventures and Tapestest VC. Michael McFadgen will join Seapoint’s board.
Founded in January 2025, Seapoint’s latest funding follows closely on the heels of its pre-seed round and coincides with the launch of its self-service platform for founders in the UK and Ireland. The platform is now available without a waitlist, enabling venture-backed startups from pre-seed through Series A to onboard مباشرة and launch utilizing the service.
Seapoint addresses a longstanding challenge for founders who often rely on fragmented financial tools spanning banks, neobanks, FX providers, payment processors, and accounting systems. The platform applys AI to connect a startup’s existing financial stack, including bank accounts, email, and accounting software, within minutes. This integration enables automated reporting, bookkeeping, expense management, and payroll, while also offering embedded financial services such as multi-currency accounts, payments, cards, treasury, and foreign exalter.
The product launch follows a private beta involving more than 80 design partners, whose feedback supported shape the platform. According to the company, these early applyrs consistently highlighted the required for rapider, more integrated financial infrastructure tailored to startup workflows.
Seapoint was founded by Sean Mullaney, and more than half of its team are alumni of Stripe. The team’s prior experience building large-scale financial infrastructure informs Seapoint’s approach to delivering integrated, founder-centric financial tools.
KEY QUOTES;
“Founders have been stuck stitching toreceiveher banks, neobanks, payroll tools, and spreadsheets for too long. Seapoint gives them a financial home – an AI-native business account with payroll, expenses, treasury, invoices, and reporting built in. Connect what you already apply in minutes and you have a complete picture of your finances from day one. This funding will enable us to bring that to every ambitious startup in Europe.”
Sean Mullaney, CEO, Seapoint
“Seapoint is building something Europe’s startup ecosystem has requireded for a long time. The team is shifting rapid, the product is sharp, and the demand from founders is real. We’re backing them to become the financial home for the next generation of European companies.”
Michael McFadgen, Partner, 13books
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