Moroccan prop-tech startup Agenz has secured an undisclosed investment from Renew Capital to expand its services and reach more people across Morocco and Africa.
Founded in 2020 by Malik Belkeziz, Agenz is a data-driven platform that uses advanced data intelligence to provide instant property valuations and market insights. It also offers a range of services, including buyer and seller lead generation, and comprehensive market insights.
The funding from Renew Capital, which invests in growth-orientated entrepreneurs driving innovation and building scalable solutions for Africa’s most pressing needs, will allow the startup to expand operations in Morocco and elsewhere.
“We’ve built Agenz to bring transparency and clarity to the real estate market,” said Malik Belkeziz, founder of Agenz. “Our platform helps people make smarter decisions by providing accurate data on property values and market trends. This investment allows us to expand our services and reach more people across Morocco and Africa.”
Renew Capital investment ecosystem development manager GRII Nihal said Agenz was tackling one of the key challenges in the real estate industry – access to reliable and transparent data.
“By delivering real-time property valuations and insights, Agenz is giving buyers, sellers and real estate professionals the tools they need to make informed decisions. We’re excited to back Malik and his team as they scale their impact on Morocco’s real estate market,” he said.