Agenz Secures Investment from Renew Capital to Enhance Real Estate Market Transparency in Morocco
October 15, 2024 – Agenz, a data-driven platform that delivers real-time property valuations and market insights in Morocco, has announced its latest undisclosed investment from Renew Capital. The funding will enable the platform to expand its reach and enhance its suite of services, aimed at bringing transparency and clarity to the country’s real estate sector.
Agenz utilizes advanced data intelligence to provide instant and accurate property valuations, allowing users to confidently set prices for sales or assess current market values. In addition to valuation tools, the platform offers a range of services, including buyer and seller lead generation and comprehensive market insights.
“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.”
The platform caters to both individuals and professionals, offering tools that support buying, selling, or renting properties. For real estate agents, Agenz provides advanced valuation models and detailed market research solutions. Whether for homeowners or industry professionals, the platform ensures users have access to the data they need to navigate the real estate process with ease.
Speaking about the investment, GRII Nihal, Investment Ecosystem Development Manager at Renew Capital, commented: “Agenz is 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.”
Renew Capital continues its focus on supporting growth-oriented entrepreneurs who drive innovation and create scalable solutions for Africa’s most pressing challenges. The firm’s ambition in Morocco is to help more startups grow and expand across Africa.
This investment comes as part of Renew Capital’s broader mission to foster innovation across the continent. Support for portfolio companies, including Agenz, is provided in partnership with Global Affairs.