Moroccan-based property technology startup Agenz has secured investment from Renew Capital to support expanding its innovative services across Morocco and other African markets.
While the amount of the investment remains undisclosed, this financial boost is expected to fuel Agenz’s growth as it reshapes the real estate sector with data-driven insights and technology.
Founded in 2020 by entrepreneur Malik Belkeziz, Agenz has itself as an innovative, data-centric platform. It uses advanced data intelligence to offer immediate property valuations and detailed insights into the real estate market.
In addition to providing property appraisals, Agenz helps connect buyers and sellers through lead generation and provides a well-rounded analysis of market trends and conditions, enabling more informed decisions in real estate according to the founders.
This strategic investment from Renew Capital, will help the proptech startup expand its reach within Morocco and beyond. The company plans to use these resources to develop its platform further and make reliable real estate data accessible to a larger audience.
Malik Belkeziz, the founder of Agenz, highlighted the company’s mission to bring transparency to the real estate market. He explained that the proptech startup empowers its users with up-to-date property information, allowing them to make well-informed choices.
With this investment, Agenz is positioned to grow its services and provide value to a broader segment of Morocco and the African continent’s real estate market.
GRII Nihal, investment ecosystem development manager at Renew Capital, commended Agenz for addressing a key need in the real estate sector: dependable and transparent data.
He praised the startup for providing real-time valuations and insights that empower not only buyers and sellers but also real estate professionals. Nihal relayed Renew Capital’s support for the proptech startup as they work to enhance the real estate industry in Morocco and beyond.
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