Editor’s note: African-Startups is a sister publication of EU-Startups, bringing trusted coverage of startups, venture capital, and innovation across Africa.
Casablanca-based PropTech startup Agenz has closed a $5 million oversubscribed Seed round, with proceeds earmarked for team expansion, technology investment, and product development as the company prepares to scale beyond Morocco’s borders.
The round was co-led by Paris-based venture firm Breega, Attijariwafa Ventures, the corporate venture arm of Attijariwafa Bank, North Africa’s largest lender, and pan-African fund Saviu Ventures. For Breega, the deal marks its first investment in Morocco and extends its footprint across the African continent from East, West, and Southern Africa into North Africa. For Saviu, it is the fund’s second bet on Morocco.
Founded in 2021 by brothers Malik and Badr Belkeziz, Agenz was built to address a longstanding problem in Morocco’s property market: a sector characterised by opacity, inconsistent valuations, fragmented data, and transactions still largely conducted offline.
The startup has built a platform that brings together AI-powered property valuation, real estate market data, software tools for agents and developers, and a full transactional layer, all within a single product experience.
After launching its transactional marketplace in 2023, the company has reported strong adoption on both the consumer and professional sides of the market. By May 2026, Agenz.ma was recording more than 700,000 monthly visits, cementing its standing as one of Morocco’s leading real estate platforms by traffic.
“In just a few years, Agenz has built the platform the Moroccan real estate sector was missing, bringing together data, tools and transactions in a single experience,” said Driss Ibenmansour, Partner at Breega.
Attijariwafa Ventures, which operates through a bank present across 27 African and Middle Eastern markets, brings potential distribution reach through mortgage and retail financial services networks.
Hamza Mikou, CEO of Attijariwafa Ventures, said, “Through its strong expertise in data and artificial intelligence, Agenz is not merely digitising the real estate industry; it is fundamentally rethinking access to housing and the real estate experience for the benefit of Moroccan citizens. We are confident that the team has both the vision and the execution capabilities required to build a leading market player in the years to come.”
For Saviu, a fund focused on Francophone Africa with prior investments in companies such as Wave, the participation reflects continued appetite for Moroccan technology businesses operating at the data and fintech adjacency layer. “This is our second bet on Morocco, and one we’re making with full conviction. The team is exceptional, the market is large, and the timing is right,” the firm said in announcing the investment.
According to Launch Base Africa, Agenz plans to deploy the fresh capital across talent hiring, continued technology development, and product enrichment, as it scales its Moroccan operations and pursues an international expansion strategy. The company did not specify target markets or a timeline for its international push.
Morocco’s property technology sector remains at an early stage relative to more developed markets on the continent, but is drawing growing investor interest as the formalisation of transactions accelerates and regulatory scrutiny of pricing and documentation tightens.
Agenz’s model, which consolidates listing, data, professional tooling, and transaction execution onto one platform, positions it to capture value across the full property journey, though it faces competition from more established listing portals with larger regional backing.
