Yakeey Raises $15M to Digitise Moroccan Real Estate Market

3 min
Moroccan proptech startup Yakeey raised USD 15 million Series A just three years after launch.
Backers include Beltone VC, IFC, and regional investors like Enza Capital.
Yakeey wants to pull “buying, selling and renting” into one digital platform.
The aim is faster, more trusted property deals in a stubbornly offline market.
Fresh funding will support regional expansion and deeper African and MENA reach.
Morocco’s proptech scene just got a decent shot in the arm. Yakeey, a young real estate technology startup, has closed a USD 15 million Series A round, with backing from Beltone Venture Capital and the International Finance Corporation, alongside Enza Capital, CDG Invest and the 212 Founders programme. Not bad at all for a company that’s only been around since 2022.
Founded by Karim Beqqali, Yakeey is trying to tackle one of the most stubbornly offline sectors in the region. Property deals, as many founders will tell you over coffee, can be a bit of a faff. Search here, valuation there, brokers on WhatsApp, financing somewhere else entirely. Yakeey’s ambition is to pull all of that into a single, end‑to‑end digital platform that covers buying, selling and renting, while also plugging in brokers and financial services.
The company describes itself as building the digital rails of real estate transactions in Morocco. In plain English, that means using data, tech and its broker network to make deals move faster and with more trust. On paper, it’s a transactional marketplace, but the interesting bit is how it aims to create network effects by bringing all the usual players into one system. Done right, that can be spot on for a market that still leans heavily on personal connections.
I’ve seen quite a few early-stage teams across MENA wrestle with the same problem, and I reckon real estate is overdue for this kind of rethink. That said, execution is everything, and I’m not a fan of platforms that promise the world but ignore local habits. Yakeey will need to stay grounded in how people actually buy homes in Morocco, not just how spreadsheets say they should.
With the fresh capital, the startup plans to scale its platform further across the region. Meanwhile, Beltone VC has framed the investment as part of a wider push to deepen its presence in Africa and the MENA region, and to back companies driving innovation and growth. And believe it or not, having IFC on the cap table often gives a startup an extra layer of credibility when dealing with regulators and banks, which could be a quiet but powerfull advantage down the line.
For readers at Arageek who’ve watched proptech inch forward in fits and starts, this round feels like a meaningful step. I’m chuffed to bits seeing local founders go after big, complex markets, even if the road ahead is bumpy… well, I mean, when isn’t it?
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