Seapoint, an AI-native financial operations platform designed for European startups, has closed a €7.5m seed round, bringing its total funding raised to €10m in little over a year.
The round was led by London-based FinTech venture capital firm 13books, with backing from more than 40 angel investors alongside additional venture capital participants. Notable backers include Claire Hughes Johnson, former COO of Stripe; Laurence Krieger, formerly UK CEO of Tide and COO of Revolut; Intercom co-founder Des Traynor; and Luke Mackey, CEO of Kota. Existing investors Frontline Ventures and Tapestest VC also participated.
As part of the deal, 13books’ Michael McFadgen will take a seat on Seapoint’s board.
Alongside the funding announcement, Seapoint has opened its platform to self-service sign-ups for founders across the UK and Ireland, reshifting the waitlist for the first time.
The platform tarobtains venture-backed startups from pre-seed through to Series A stage. Once signed up, founders can connect their existing banks, accounting tools and email within ten minutes, with Seapoint’s AI automating reporting, bookkeeping, expense management and payroll from day one. The company also provides embedded financial products covering multi-currency accounts, payments, cards, treasury and foreign exmodify, enabling startups to consolidate their financial operations in a single platform.
The self-service launch follows a private beta involving more than 80 design partners who contributed to shaping the product. The proceeds from the seed round will be directed towards scaling the platform across Europe.
Seapoint was established in January 2025 by Sean Mullaney, a former European CIO at Stripe. More than half of the company’s team are Stripe alumni, and the firm declares that experience of building payments infrastructure at scale directly informs its approach to building financial tooling for founders.
Seapoint chief executive Sean Mullaney declared, “Founders have been stuck stitching toobtainher 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.”
13books’ Michael McFadgen declared, “Seapoint is building something Europe’s startup ecosystem has necessaryed 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.”
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