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COLIBID

Colibid

Invest from €500

Andreas Mihalovits
Notable investor Andreas Mihalovits
Invest €50,000
  • Invested €264,181
  • Min. €300,000
  • Max. €375,000
  • 88.06% completed
  • 17 days left
  • Invested €264,181
  • Min. €300,000
  • Max. €375,000
  • 88.06% completed
  • 36 Investors
  • 17
Invest in less than 5 min.

Understanding the investment opportunity

Colibid is a mortgage platform that allows users to connect with all the banks in Spain and receive the best personal offers within 24 hours, leveraging an AI that analyzes the financial profile and specific risk of each user.

Colibid develops an automated mortgage subscription platform that uses artificial intelligence and machine learning algorithms:

  • On one hand, it streamlines the mortgage application process by analyzing a large amount of financial data to assess the borrower's risk and eligibility.
  • On the other hand, it quickly and accurately selects potential offers from all actors in the banking ecosystem in Spain according to the segmentation of the applicant's profile.

In addition to this, Colibid offers its SaaS services based on its own AI, enabling banks and brokers to manage large volumes of clients without limits and in real time, saving significant costs in management times and document administration.

ATTENTION: The investment round in Colibid is structured as follows:

  • Direct investment in the Startup for its current partners and for the signatories of previous convertible notes that capitalize in this round.
  • The rest of the partners through the subscription of shares in the Investment Company, as long as this reaches a minimum of 5% participation in the Startup. If this is not reached, the investment will be direct in the Startup, and the investors will be channeled through a Syndicate.

There is a circumstance that we must highlight, if when capital gains are generated the Investment Company has seen its participation reduced below 5% of Colibid, such capital gains will be subject to double taxation, due to the non-exemption from corporate tax. We will implement mechanisms to try to avoid this, but you need to be aware of this circumstance.

INVESTMENT STAGE

SEED

MARKET

  • saas
  • software
  • fintech
  • (+2)

OFFICIAL WEBPAGE

Fiscal benefits

Investing in Colibid offers you fiscal benefits
VIDEOS

Colibid Team

Stefano Scardia CEO
Stefano Scardia
CEO

Tech entrepreneur, strategy director, and head of corporate development with broad expertise in Proptech and Fintech

Jack O'Grady CFO/COO
Jack O'Grady
CFO/COO

ACA qualified chartered accountant with 8 years experience working in finance sector in London (M&A/financial due diligence)

Elena Gutierrez CMO
Elena Gutierrez
CMO

Award-winning marketing expert with 8 years of experience working for digital marketing agencies and multinational companies

Alex Almengor CTO
Alex Almengor
CTO

CTO with honors in Software Engineering, leading Colibid's tech team. Skilled in AI, database management, and mentoring. Lifelong learner

Current investors
Andreas Mihalovits

Andreas Mihalovits

BUSINESSANGEL

Demium Capital VC

Demium Capital VC

INVESTOR

First Drop

First Drop

INVESTOR

Techmind VC

Techmind VC

INVESTOR

Accelerators
Demium

Demium

ACCELERATOR

Lanzadera

Lanzadera

ACCELERATOR

Reasons to invest View more data

  • Colibid offers a genuinely innovative solution in the traditional mortgage sector, providing first-mover advantages.
  • Proven customer demand for our solution from customers: over 100,000 sign-ups, over 50,000 applications, and a 4.4* rating on Google (with 500 reviews).
  • Proven bank demand: 17 banking partners and >200k offers made on our platform.
  • Huge market: The Spanish B2C market is massive (325 million euros in commissions/year), but with significant growth opportunities through its B2B revenue stream (57 million euros/year in the mortgage sector alone) and international expansion (both B2C and B2B). Our B2B technology can be easily used in any sector where documents are checked (in any language), creating an enormous potential market.
  • Market shifts: Digitization of the mortgage process is a key priority for banks. This, combined with our current technology and our position/alliances in the market, presents a huge opportunity for Colibid (both at B2C and B2B levels).
  • Proprietary technology: >2.5 years of continuous development work building our own tech stack (233,000 lines of code) which is now monetizable through the B2B flow (in its current form).
  • Scalability: A deep focus on technology means Colibid has a highly scalable solution (handling up to 4,000 applications/month with 1 customer support agent). This, combined with a lean cost base (only 8 people in the team), provides a clear path to profitability.
  • Experienced founding team: Broad (business, technology, finance, and marketing) and deep experience among co-founders (CEO has previous experience in launching and growing 4 startups, including 1 exit).
  • Revenue growth: 196% growth in 2023 compared to 2022, with 1Q 2024 revenues 113% higher than 1Q 2023.
  • Multiple awards and recognitions:
    • Top 10 Fin-Tech at South Summit 2022
    • Top 10 Start-up at El Referente Award 2022
    • Winner of "Best Innovation" at Global Forum Open Banking 2022
    • Winner of Most Innovative Startup at Finnovating 2022
    • Winner of Top Startup 2022 at Finnovating 2022
    • Top 3 Apps at E-Show Barcelona 2022
    • Third Place Emprende XXII CaixaBank Award 2023 (Valencian Community)
    • Top 10 Financial Technology Startups at 4YFN 2024 in Barcelona
    • Third Place Emprende XXII CaixaBank Award 2024 (Valencian Community)
    • Winner of 'Economy of the Future' award at 2024 CaixaBank Emprende XXI awards (Spain-wide)

        Who is the reference investor?

        Andreas Mihalovits

        Andreas Mihalovits

        BUSINESSANGEL

        Invest €50,000
        OFFICIAL WEBPAGE www.mihalovits.com
        About Andreas Mihalovits
        Andreas es un emprendedor en serie e inversor ángel alemán, que ha invertido en más de 100 startups internacionales. Es uno de los principales angel investors de Europa. Andreas cofundó su primera empresa de Internet, Omniga, en 1999. Después de alcanzar la rentabilidad en 2 años, Andreas la convirtió en un constructor de empresas centrado en modelos de negocio basados en servicios de suscripción con más de 150 empleados a día de hoy. En 2012 Andreas comenzó a invertir en startups y más tarde también se involucró en el ecosistema español como fundador de Marbella Tech Angels, una red de más de 160 inversores, fundadores y mentores que viven alrededor de Marbella. Andreas también es cofundador del Global Super Angels Club, una plataforma para inversores ángeles que suelen invertir cantidades de seis cifras en startups, apoyando a sus miembros para mejorar su flujo de acuerdos y acelerar su búsqueda de co-inversores afines.
        • Investing in startups:Since 2012
        • Invested Euros:N/A
        • Investments:170
        • Exits:14
        Why do I invest in Colibid?

        “Amazing team and great traction already a few months after the product has been launched, showing that there is a great demand for innovation in the mortgage sector”.

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        Important

        Startup investments have associated risks, including: Liquidity Risk, Information Risk, Risk of loosing partially or totally the investment capital, fast changing operation environment, regulatory and legal risks, minority investment risks, no capacity of influence on the company management. Due to the high uncertainty associated to this type of investment, you should contemplate investing only if you fully understand the risks and always as part of a diversified investment portfolio.

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