Seapoint raises €7.5m seed to expand AI finance platform

By Aarav Garg

Seapoint, a startup building AI-driven finance tools for founders, has raised €7.5 million in a seed round, bringing total funding to €10 million, as it expands its platform to more startups in the UK and Ireland.

The funding round has been led by 13books, with participation from Ventures Together, Portfolio Ventures and more than 40 angel investors. Backers include Claire Hughes Johnson, George Bevis and Des Traynor, while Frontline Ventures and Tapestry VC also returned.

The company said the platform has been designed to help founders track cash flow, reduce manual finance work and extend runway. It connects bank accounts, email and accounting software to provide a single view of finances, while also offering integrated products including multi-currency accounts, treasury services and virtual cards.

Seapoint said the product has been built as an AI-native system from the start, with transaction data automatically categorised and matched in real time. The company said this gives founders and accountants a shared view of financial activity without relying on delayed month-end reports or spreadsheets.

The platform has also been positioned as an operational tool, not just a dashboard. Users can pay invoices, move idle cash into treasury and issue virtual cards within the same system. Seapoint said this has helped founders act on financial data more quickly and manage working capital more tightly.

The startup said more than 80 companies are already using the platform. It has processed more than 100,000 transactions and 40,000 invoices, which it said has improved categorisation accuracy over time.

Seapoint said it plans to add cash flow forecasting, physical cards, foreign exchange and US dollar accounts later this year. It is also developing integrations aimed at making financial data available across investor updates, planning tools and day-to-day workflows.