What the business is
An AI-powered property platform offering real estate valuations, market intelligence, transaction services and software tools for professionals.
Starting capital
About $1.3 million raised in 2023, then a $5 million oversubscribed seed round in 2026.
How it started
Brothers Malik and Badr Belkeziz founded Agenz in Casablanca in 2021 to digitise one of North Africa's largest real estate sectors, starting with valuations and property data as the foundation for market intelligence.
What happened
After raising about $1.3 million in 2023, the startup expanded its property data and valuation capabilities, aiming to become the central source of market intelligence for Morocco's housing sector. By May 2026 its platform recorded more than 730,000 monthly visits as buyers, sellers and agents turned to digital tools for pricing and transaction information.
How it ended up
In June 2026, Agenz announced a $5 million oversubscribed seed round co-led by Breega, Attijariwafa Ventures — the VC arm of banking giant Attijariwafa Bank — and Saviu Ventures, to strengthen its technology infrastructure, expand its products and accelerate the digital transformation of Moroccan real estate.
What has to be true
Moroccan property decisions were made with almost no reliable pricing data, so the valuation layer had no incumbent.
Owning valuations and market intelligence makes Agenz the reference point for every transaction that follows.
A major bank's venture arm investing ties the platform into the financial system property deals run through.
Oversubscription reflected a broader investor turn toward African digital infrastructure over consumer apps.
What can be applied
Where pricing is opaque, the data layer is the business: own the valuations everyone argues from, and transactions, tools and capital follow.
Aftermath
As of the June 2026 announcement, Agenz was deploying the $5 million into technology infrastructure and product expansion, with monthly visits above 730,000 and competition intensifying to modernise Morocco's property market.
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The sources
- Moroccan proptech startup Agenz secures $5 million to expand AI-powered real estate platform africa.businessinsider.com