Company · Fintech

Colibid

colibid.com ↗ ·Valencia ·Seed

Colibid was a Valencia-based Spanish fintech that ran the first mortgage auction/bidding platform, letting banks and brokers compete to offer users the best mortgage terms; it later launched an AI SaaS tool, Extracto.io. Founded in 2021, it processed over €5B in mortgage applications and grew fast, but never reached profitability and shut down (filed for insolvency/concurso de acreedores) around February 2026, citing Spanish banking commission structures and over-regulation.

Founded
2021
Founders
4
News
0
Rounds
2
Investors
5
SectorsFintech, Mortgages, Proptech Start-up MapFintech › Consumer credit & financial inclusion

Profile updated 2 Aug 2026

Founders

Alexander Almengor
CTO & Co-founder
Elena Gutiérrez Escudero
CMO & Co-founder
Jack O'Grady
CFO & Co-founder
Stefano Scardia
CEO & Co-founder

Global models

No comparables on record yet.

Investors 5

Alma Ventures
alma.vc
Investor Spain
Andreas Mihalovits
Investor Spain
Demium Capital
www.demium.com
Investor Spain
OK Ventures
okventures.vc ↗
Investor Spain
Startupxplore
startupxplore.com ↗
Investor Spain

Funding rounds 2

Seed · €400K
Valencia mortgage reverse-auction marketplace Colibid closed a €400,000 seed round with follow-on from Demium Capital and business angel And…
2024-09-19
Pre-seed · €250K
Colibid, a digital mortgage auction platform where banks and brokers bid for a borrower's mortgage over three days, closed its first financi…
2022-03-01

News & media

No coverage on record yet.
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