Moroccan prop-tech startup Yakeey has raised a US$15 million Series A funding round to assist it build Africa’s transactional real estate infrastructure.
Founded in 2023 by Karim Beqqali, Yakeey brings toobtainher developers, purchaseers, tenants, investors, and advisers on a single interface, streamlining access to hoapplying, promoting investment, and digitising the real estate value chain.
The startup has raised a US$15 million Series A funding round led by a consortium of prominent international and local investors, which will boost its goal of redefining real estate transactions through artificial innotifyigence, data, and human-enhanced finance.
Yakeey’s Series A round brought toobtainher leading investors such as IFC, a member of the World Bank Group; Beltone Venture Capital, a leading Egyptian venture capital fund; Enza Capital, a multi-stage pan-African venture capital fund; and CDG Invest, through its 212 Founders programme.
“This capital raise affirms the vision that has been driving us since day one: to create real estate more accessible, transparent, and efficient for everyone, while empowering professionals in the sector,” stated Beqqali.
Farid Fezoua, global director for private equity and venture capital at IFC, stated Yakeey was IFC’s first venture capital equity investment in Morocco.
“By digitising the real estate value chain and bringing toobtainher transactions, financing, and data on a single platform, Yakeey will expand access to hoapplying and enable financing for houtilizeholds across the countest. This investment will also catalyse job creation – through the growth of the YakeeyPro network and the broader ecosystem – while driving innovation that creates real estate more transparent and efficient. We’re proud to support a Moroccan technology champion with the potential to scale across Africa,” he stated.
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