Post by Inc. Arabia

Morocco-based proptech startup Agenz has raised a US$5 million seed funding round backed by international venture capital (VC) firm BREEGA, pan-African VC firm Attijariwafa Ventures, and Africa-focused VC firm Saviu Ventures.  Founded in Morocco in 2021 by brothers Malik BELKEZIZ and Badr B., Agenz has built an integrated platform that supports every stage of the real estate journey. Through property valuation tools, market intelligence, professional solutions, and digital transaction services, the company aims to streamline how people buy, sell, and engage with real estate. The newly raised capital will be used to accelerate Agenz’s product development, strengthen its investments in artificial intelligence (AI), and expand its services for individuals, real estate agents, developers, investors, and financial institutions. The funding will also support Agenz’s plans to build what it describes as an operating system for the next generation of real estate, focused on improving transparency, efficiency, and accessibility across the sector.  In an interview with Inc. Arabia, Malik, co-founder and CEO of Agenz, said that the company was established to address longstanding inefficiencies in Morocco's property market, where access to information and professional-grade tools has historically been limited. “We started with a simple observation: despite being one of the most important financial decisions in people’s lives, real estate transactions in Morocco often lacked transparency, reliable data, and professional tools,” he explained. “Our mission is to build the digital infrastructure of the real estate market. Through Agenz, we combine proprietary market data, valuation technology, and transaction tools to help buyers, sellers, real estate professionals, banks, and investors make better decisions. Today, Agenz is much more than a property portal. We are building a technology platform that brings together data, agents, and transactions into a single ecosystem designed to make real estate more transparent, efficient, and accessible.”  More about Agenz in our full article here: https://lnkd.in/dsV_mPVp #entrepreneurs #startups #Morocco #innovation #investment #realestate #property #tech #proptech #digital #venturecapital #NorthAfrica #Africa #MENA #MiddleEast #GCC #artificialintelligence #AI #digitaltransformation h/t Driss Ibenmansour