Moroccan Proptech Agenz to Launch in KSA Following Seed Round
The investment comes as one of Morocco’s largest seed funding rounds.
Moroccan property valuation startup, Agenz, has raised a $540K seed round from Azur Innovation Partners taht will be channelled into improving R&D and accelrating the rollout of Agenz across the Saudi Arabi, where it plans to move next.
Founded less than a year ago by brothers Malik and Badr Belkeziz, the startup help users and home buyers ti make smarter decision by providing reliable real estate market data that is updated in real time. It does thanks to a ubique team of engineers, statisticians and data scientists based in Morocco. The site allows each individual to value their property for free, learn about local prices and offers, and select the most appropriate real estate firm for their project based on objective criteria.
“The site and the functionalities accessible from agenz.ma were created to help users streamline the real estate transaction process," said Malik Belkeziz."On the one hand, by providing market transparency to each project leader, whether seller-buyer or tenant, and on the other hand, by assisting professionals in effectively promoting their expertise and prospects."
After a fruitful launch in Casabalanca, Agenz claims to have completed with over 20,000 estimates made in just a few months, high traffic growth, and market benchmark partners .Agenz will introduce more extensive digital market analysis and property assessment solutions for professionals in the start of 2022.
