Grace Ashiru
Moroccan proptech startup Agenz has closed a $5 million seed round to build out the data infrastructure and transaction tools that Morocco’s property market has long operated without.
The round was co-led by Paris-based venture firm Breega, Attijariwafa Ventures — the corporate investment arm of North Africa’s largest bank — and pan-African fund Saviu Ventures. The company confirmed the round was oversubscribed, though it did not specify by how much.
Founded in 2021 by brothers Malik and Badr Belkeziz, Agenz offers a unified platform that combines property valuation tools, market data analysis, software for real estate professionals, and a transaction system for buyers.
The problem the startup is solving is immediately familiar to anyone who has tried to buy or sell property in Morocco. Valuations have historically been inconsistent, transaction costs high, and market data fragmented across informal brokers operating with little accountability. A buyer trying to determine the fair price of an apartment in Casablanca has had to rely on word of mouth, broker estimates, and gut instinct rather than verifiable data.
The company launched its transactional platform in 2023 and has since grown to more than 730,000 monthly visits on Agenz.ma by May 2026, placing it among Morocco’s leading property platforms by traffic. Revenue and gross transaction value figures were not disclosed.
The investor lineup brings more than capital. Attijariwafa Ventures, whose parent bank operates across 27 African and Middle Eastern markets, offers both funding and potential distribution through its mortgage and retail financial services network. Saviu Ventures, which has previously backed Wave and Bizao, brings Francophone Africa expertise, signaling continued institutional interest in Moroccan tech at the intersection of data and fintech.
Agenz Managing Director Hamza Mikou described the investment as a commitment to AI and data capabilities, framing the company’s mission as fundamentally transforming how Moroccan citizens access housing rather than simply putting existing processes online.
The timing is also regulatory. New controls on civil real estate companies and fiscal attestation requirements for property transactions are creating both compliance pressure and opportunity for platforms that can offer structured data and efficient documentation workflows at scale.
The fresh capital will be directed toward team expansion, technology investment, and new product development in Morocco, in preparation for an international expansion the company has signaled but not yet detailed in terms of specific markets or timelines.
