Investors place $5 million bet on Morocco’s digital property market as Agenz expands
Investors are increasing their bets on Morocco’s digital property market, with proptech startup Agenz raising $5 million in an oversubscribed seed round as competition intensifies to modernise one of North Africa’s largest real estate sectors.
Black News 
![Malik Belkeziz, Co-founder and CEO of Agenz. [PC- Agenz]](https://ocdn.eu/pulscms/MDA_/bf1e293018556ef10047c226b3fe4e92.jpg)
Investors are increasing their bets on Morocco’s digital property market, with proptech startup Agenz raising $5 million in an oversubscribed seed round as competition intensifies to modernise one of North Africa’s largest real estate sectors.
- Moroccan proptech startup Agenz has raised $5 million in an oversubscribed seed round.
- The funding was co-led by Breega, Attijariwafa Ventures and Saviu Ventures.
- The company plans to expand its AI-powered property platform and market intelligence tools.
- The deal reflects growing investor interest in digitising Morocco’s real estate market.
The Casablanca-based startup said the funding round was co-led by Breega, Attijariwafa Ventures, the venture capital arm of banking giant Attijariwafa Bank, and Saviu Ventures.
The investment comes as property technology companies attract growing interest across Africa, where fragmented market data, opaque pricing and lengthy transaction processes have created opportunities for digital platforms offering greater transparency and efficiency.
Founded in 2021 by brothers Malik and Badr Belkeziz, Agenz operates an AI-powered property platform that provides real estate valuations, market intelligence, transaction services and software tools for industry professionals.
The company plans to use the fresh capital to strengthen its technology infrastructure, expand its products and accelerate the digital transformation of Morocco’s real estate market.
Agenz said its platform recorded more than 730,000 monthly visits in May, highlighting growing demand for online property services in Morocco as buyers, sellers and agents increasingly turn to digital tools for pricing and transaction information.
The funding also signals confidence in Morocco’s broader digital economy, with institutional investors backing startups building infrastructure for key sectors of the economy rather than consumer-focused applications alone.
The round marks a significant step for Agenz, which previously raised about $1.3 million in 2023. Since then, the startup has expanded its property data and valuation capabilities as it seeks to become a central source of market intelligence for Morocco’s housing sector.
For investors, the opportunity extends beyond a single startup. Morocco’s real estate market is undergoing a gradual shift towards data-driven transactions, creating demand for platforms that can improve transparency, reduce information gaps and simplify the buying and selling process.
As capital continues to flow into African property technology ventures, Agenz’s latest raise positions the company to compete more aggressively in a market where investors increasingly see digital infrastructure as the future of real estate.
