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Agenz Secures Investment to Expand Real Estate Platform

Proptech

Business Honor
14 October, 2024

Agenz secures investment from Renew Capital to expand its data-driven real estate platform across Morocco and Africa.

Data-driven platform Agenz, which provides real-time property valuations and Morocco market insights, has secured investment from Renew Capital to scale its services across Morocco and Africa. It uses advanced data intelligence to support instant and accurate property valuations that will aid the user in setting the right selling prices or such.

Founded by Malik Belkeziz, Agenz hopes to bring a layer of transparency and clarity into the real estate market. According to Belkeziz, "We built Agenz to help people make smarter decisions based on real, accurate data around property values and market trends." He stated that the investment will allow it to expand and enhance its platform even further.

Agenz serves buyers, sellers, and renters of properties and real estate agents. The service provided by Agenz covers lead generation for buyers and sellers, market research tools, and advanced valuation, making it easy for agents and homeowners to maneuver through the process of real estate.

The Renew Capital Investment Ecosystem Development Manager, GRII Nihal, described the company Agenz, whose real estate innovation offers a critical answer to the greatest challenge that affects the sector in Morocco. According to him, "Through providing real-time valuations of property and insights, Agenz empowers buyers, sellers, and real estate professionals with all they need to make informed decisions." He feels great about continuing to support the company while it is increasing its footprint across Morocco's real estate.

Renew Capital invests in growth-oriented entrepreneurs driving innovation and scalable solutions across Africa. Through the firm's continued efforts supporting Moroccan startups, the potential to scale impactful solutions across the continent is tremendous. Agenz's success marks a massive step forward toward transforming Africa's real estate sector with advanced data-driven technology.