Agenz, a Moroccan proptech startup focused on real estate data intelligence and transaction digitalisation, has secured $5 million in funding from BREEGA, Attijariwafa Ventures and Saviu to accelerate the digital transformation of Morocco’s real estate sector.
The investment marks a step in the company’s efforts to improve transparency, efficiency and accessibility across the Moroccan property market through technology, data analytics and artificial intelligence.
Malik BELKEZIZ, Co-founder and CEO of Agenz, said, “We believe the future of real estate will be built on the responsible use of data and artificial intelligence. Our ambition is to leverage technology to create a more transparent, secure and accessible market, while keeping user trust at the center of everything we do. This funding will allow us to accelerate this vision for the benefit of the entire Moroccan real estate ecosystem.”
Investments from the funding round will support product development initiatives, deepen the company’s artificial intelligence capabilities and expand services for a growing network of individuals, real estate agents, developers, investors and financial institutions.
Driss Ibenmansour, Partner at Breega, said, “Agenz has built, in just a few years, the platform the Moroccan real estate sector was missing, bringing together data, tools and transactions into one seamless experience. We believe this funding will help accelerate an already ongoing transformation of the market.”
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