Morocco proptech startup secures $5M funding round
Casablanca-based proptech startup Agenz raised $5 million in a seed round led by Breega, Attijariwafa Ventures and Saviu Ventures to accelerate digital transformation of Morocco's real estate market through data-driven tools and AI. The company, founded in 2021, will use the funds to expand its platform, teams and technology.
Casablanca-based property technology company Agenz has secured $5 million in a seed funding round led by Breega, Attijariwafa Ventures and Saviu Ventures to accelerate the digital transformation of Morocco’s real estate market. Founded in 2021 by brothers Malik and Badr Belkeziz, Agenz provides property valuation tools, market intelligence services, software for industry professionals and a digital transaction platform that has grown rapidly since its launch in 2023.
Investor endorsement
“The company has created a platform that brings together market data, professional tools and transaction services within a single ecosystem, helping modernize Morocco’s property sector,” said Breega partner Driss Ibenmansour, framing the investment as a bet on an integrated, data-driven approach to real estate.
Company profile and recent traction
Agenz positions itself as a response to a market long characterised by fragmented information and informal networks. The startup’s suite includes automated valuation models, market intelligence dashboards and a transaction platform designed to increase transparency and efficiency for buyers, sellers and industry professionals. Since launching its transaction service in 2023, the platform has seen substantial user engagement: Agenz reported more than 730,000 monthly visits to its website in May 2026, placing it among Morocco’s leading property portals.
- Founders: Malik and Badr Belkeziz
- Funding: $5 million seed round
- Lead investors: Breega, Attijariwafa Ventures, Saviu Ventures
- Launched: Company founded in 2021; transaction platform launched in 2023
- Traffic milestone: 730,000 monthly visits in May 2026
Use of funds and strategic priorities
Company officials said investor demand exceeded the capital the startup originally sought to raise, reflecting strong institutional interest in proptech in the region. The new funding will be deployed to strengthen technology investments, expand staffing and enhance platform services. Agenz has signalled a particular focus on advancing data analytics and artificial intelligence across its product stack, aiming to refine valuation models, deliver deeper market intelligence and automate workflows for industry users.
The investment is also earmarked to support geographical expansion beyond Morocco. Agenz has not disclosed specific target markets or timelines for international growth, but the move signals an ambition to translate its domestic traction into a broader regional footprint.
Outlook
With backers that include a pan-European venture investor and major regional corporate venture arms, Agenz is positioned to push the digitisation of transactions and data services in North Africa’s property sector. The immediate priorities — scaling engineering and data teams, integrating more AI-driven features and growing the user base — are clear. How quickly Agenz converts website traffic into sustained transaction volumes and expands into new markets will determine whether the startup can become a dominant regional platform or remain a leading national player in Morocco’s evolving proptech landscape.