Sometimes a founder can describe their vision for their startup so vividly that all it really takes is one conversation.
When
@seanmullaney described his vision for Seapoint
seapoint.co/ it was clear he was thinking through to the end game of how founders should be able to manage their finances. It was also clear he cared deeply about other founders - and wanted to apply all he had learned at Stripe, and as a former founder, to solve their finance needs.
What I underestimated is how complicated managing finances has gotten for startups. One founder described how - "We have ended up with a financial stack more complex than the product we're trying to build."
Most startups now have 5-6 tools to manage finances. Think traditional bank, neo-bank, neo-bank for fx, payroll, invoices, cards, expense management.
Delighted that
@Frontlinevc got to lead Seapoint's $3m pre-seed round and to be joined by Tapestry , Andrena, Angel Invest and the ex COOs of Stripe, Revolut and Tines - Claire Hughes Johnson, Laurence Krieger and Colm Long.
If you find yourself running out of fingers to count your finance stack on - sign up to
seapoint.co/ now. You can thank Sean Mullaney later.
seapoint.co/building-the-fin…