Agenz Raises $5 Million Seed Round to Expand AI Property Platform in Morocco
Updated
Updated · Business Insider Africa · Jun 15
Agenz Raises $5 Million Seed Round to Expand AI Property Platform in Morocco
3 articles · Updated · Business Insider Africa · Jun 15
Summary
$5 million in oversubscribed seed funding will let Casablanca-based Agenz expand its AI real estate platform, market intelligence tools and technology infrastructure.
Breega, Attijariwafa Ventures and Saviu Ventures co-led the round as investors back digital tools that tackle Morocco's fragmented property data, opaque pricing and slow transaction processes.
Agenz, founded in 2021, offers valuations, transaction services and software for property professionals; its platform logged more than 730,000 monthly visits in May.
The raise follows about $1.3 million secured in 2023 and underscores broader confidence that data-driven proptech can modernize one of North Africa's largest real estate markets.