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Moroccan Proptech Agenz Secures Investment from Renew Capital

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Proptechbuzz
10/15/2024

Agenz, a Morocco-based proptech company specializing in real-time property valuations and market insights, has secured an investment from Renew Capital. Agenz uses data intelligence to offer users instant property valuations, helping them accurately price properties for sale or assess current market conditions. Additionally, the platform provides services such as lead generation for buyers and sellers, as well as detailed market analysis.

“Agenz was created to bring greater transparency and clarity to the real estate market,” said Malik Belkeziz, founder of Agenz. “Our goal is to help individuals make better decisions by providing reliable data on property values and market trends. This investment will enable us to expand our offerings and reach a wider audience in Morocco and across Africa.”

The platform serves not only individual buyers, sellers, and renters but also offers specialized tools for real estate professionals, including advanced valuation models and comprehensive market research capabilities. By providing this data, Agenz ensures that both homeowners and professionals can navigate the real estate market with confidence.

“Agenz addresses one of the significant challenges in real estate—access to dependable and transparent data,” said GRII Nihal, Investment Ecosystem Development Manager at Renew Capital. “By delivering real-time valuations and insights, Agenz equips buyers, sellers, and professionals with the information they need to make informed choices. We are excited to support Malik and his team as they continue to make an impact on Morocco’s real estate sector.”

Renew Capital has a continued focus on backing entrepreneurs who are driving growth and offering innovative solutions to critical issues in Africa. The firm’s investment strategy in Morocco aims to support startups with the potential to scale across the continent.

Support for Renew Capital’s portfolio companies is provided in collaboration with Global Affairs.


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