# Colibid SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/colibid-sl

- Industry: Financial Services
- Headquarters: Valencia, Spain
- Website: www.colibid.com
- Total disclosed funding: $4.4M
- Latest round: Seed (Sep 19, 2024)
- Investors on record: 2

## About

Based in Valencia, Spain, and founded in 2021 by Stefano Scardia, Jack O'Grady, and Alexander Almengor, Colibid SL develops a digital mortgage lending platform through an auction system. In September 2024, Colibid SL raised EUR 400,000 in seed funding from new investor OK Venture, with participation from returning investor Demium. Individual and other unspecified investors also participated in the round.

Colibid SL develops a platform that provides mortgages to customers by connecting them with brokers and banks. The company collects the documentation from customers requested by the banks in order to make a mortgage offer, and after the completion of the registration, Collibid, banks and brokers compete with each other to launch bids in a 3-day auction. The customer then chooses one of the offers made by the company, bank, or broker.

## Funding rounds

- Seed, Sep 19, 2024, $4.4M — Demium, OK Venture

## Investors

- Demium — Seed
- OK Venture (https://capitalatlas.ai/funds/ok-venture) — Seed