Moroccan proptech Agenz raises $5 million to digitise real estate transactions

Moroccan real estate agents like Malik Belkeziz are facing a daunting task: digitizing the country's property market, which has seen a surge in residential land transactions. The Moroccan property market is no longer a sleepy sector, with over 140,000 residential land transactions recorded in 2023 alone, according to a World Bank document. This growth has created a window of opportunity for innovative startups like Agenz, which has just raised $5 million to accelerate its vision of a more transparent, secure, and accessible market.

Agenz's $5 million funding round, led by European venture capital firm Breega, Attijariwafa Ventures, and Africa-focused growth capital fund Saviu Ventures, is a significant boost to the Moroccan proptech startup. This injection of capital comes three years after Agenz's $1.3 million pre-Series A financing round, demonstrating the growing interest in digitizing the real estate sector. The fresh capital will be used to expand Agenz's services, which currently include property valuation tools, market intelligence, solutions for professional services, and digital transaction solutions.

Agenz's focus on responsible data use and artificial intelligence is a welcome development in the Moroccan property market. As Malik Belkeziz, Co-founder and CEO of Agenz, noted, "We believe the future of real estate will be built on the responsible use of data and artificial intelligence." This approach aims to create a more transparent market, where users can trust the information they receive. By leveraging technology, Agenz seeks to simplify property transactions for users, reducing the complexity and uncertainty often associated with real estate deals.

Agenz's growth trajectory is impressive, with the company recording a significant increase in transaction volumes since launching its transaction platform in 2023. The platform has also seen a remarkable 730,000 monthly visits on its Agenz.ma website in May 2026, evidence of its popularity among Moroccan property market stakeholders. The $5 million funding will likely further accelerate this growth, enabling Agenz to expand its services and reach a wider audience.

The Moroccan property market is on the cusp of a transformation, driven by innovative startups like Agenz. The company's vision of a more transparent, secure, and accessible market is a welcome development, particularly in the wake of the COVID-19 pandemic, which highlighted the need for digital solutions in various sectors. As the Moroccan real estate sector continues to grow, it will be interesting to see how Agenz's platform evolves to meet the changing needs of its users.

Agenz's $5 million funding round is a vote of confidence in the Moroccan proptech startup's vision. With its focus on responsible data use and artificial intelligence, Agenz is poised to shape the future of the Moroccan property market. As the company continues to grow and expand its services, it will be essential to monitor its progress and assess the impact of its platform on the broader property market.