Moroccan proptech Agenz raises $5 million to scale AI property tech

The latest funding will be used to expand its team, deepen product development, and strengthen its technology stack as it scales operations at home.

Omokolade Ajayi
Omokolade Ajayi
Moroccan property technology company Agenz.

Moroccan property technology company Agenz has raised $5 million in fresh seed funding, bringing in a group of investors led by Paris venture firm Breega, alongside Attijariwafa Ventures, the venture arm of Attijariwafa bank, and pan-African investor Saviu Ventures. The round was oversubscribed.

The new capital comes roughly three years after Agenz’s $1.3 million pre-Series A round, at a time when Morocco’s property market is seeing a gradual pickup in activity. The company said the latest funding will be used to expand its team, deepen product development, and strengthen its technology stack as it scales operations at home.

Funding accelerates property data vision

“We believe the future of real estate will be built on the responsible use of data and artificial intelligence,” co-founder and chief executive Malik Belkeziz said. He said the goal is to make the market more transparent and easier to navigate, while keeping trust at the centre of the platform. “This funding will allow us to accelerate this vision for the benefit of the entire Moroccan real estate ecosystem,” he said.

Belkeziz added that the company was also focused on bringing in investors who can support long-term growth beyond capital. “Beyond funding, we wanted partners who understand how to help companies scale and who can support us as we move from real estate data and transactions into the financial infrastructure around property,” he said.

Founded in 2021 by brothers Malik and Badr Belkeziz, Agenz sits in a crowded market that includes property listing platforms such as Mubawab, owned by EMPG, as well as smaller firms focused on valuation and property data tools. Its model combines listings, pricing data, analytics tools for agents, and transaction capabilities in a single platform.

Integrated property platform model

The company argues that its integrated approach addresses gaps in pricing transparency and reliance on informal brokerage networks in Morocco’s housing market. Still, the competitive test will come as larger, better-funded platforms continue expanding their services across Morocco’s online property market as competition intensifies over the medium term going forward. 

Agenz launched its transaction platform in 2023 and says it has since seen steady uptake from both consumers and real estate professionals. By May 2026, its website, Agenz.ma, recorded more than 730,000 monthly visits, placing it among the most widely used property platforms in the country. The company did not disclose revenue or gross transaction value.

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