Yakeey, a Morocco-based property technology startup, has raised $15 million in a Series A funding round, marking the largest Series A raised by a proptech company in the country to date.
The round was backed by Enza Capital, alongside the International Finance Corporation, Egypt’s Beltone Venture Capital, and Morocco’s state-backed CDG Invest.
Founded in 2023 by Karim Beqqali, Yakeey operates a managed property marketplace focused on residential real estate transactions in Morocco. Unlike traditional listing platforms, the company combines digital tools with a network of on-the-ground property advisors who verify listings, support pricing, and facilitate transactions between buyers, sellers, banks, and notaries.
Yakeey uses data-driven pricing models alongside physical property inspections to certify listings before they go live. The company says this approach is designed to improve transparency and trust in a market that remains highly fragmented and largely offline.
The IFC’s participation marks its first venture capital investment in a Moroccan startup. Enza Capital’s involvement represents one of the firm’s first major investments in North Africa, following its activity across East and West Africa.
The new funding will be used to expand Yakeey’s operations in Morocco and support plans to enter additional markets with similar real estate dynamics.
While the round is modest compared to regional peers, Egyptian proptech Nawy raised $75 million in a combined equity and debt round last year, it positions Yakeey as one of Morocco’s most well-capitalised consumer tech startups.
Yakeey generates revenue through transaction-based commissions and currently focuses on residential property sales. The company has not disclosed user numbers or transaction volumes.
The deal follows another notable Moroccan Series A in recent months, with B2B fintech Chari raising $12 million to expand its merchant super app and roll out the country’s first BaaS platform.
