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Morocco
Startups ranked by AI-estimated valuation

Morocco’s 16 most valuable startups

Edition 0·Published 25 Sep 2026·Next scheduled update 15 Nov 2026

A quarterly ranking of non-listed Moroccan startups that have already raised funds, established by artificial intelligence from public information. The market sets the value; our AI estimates it.

Quarterly Claude · multi-AI consensus from 1 Dec 2026· Method· Order never changed by a human
The market at a glance
16companies ranked
15companies on the radar
USD 80–108Mraised in 2025
29–48rounds in 2025
According to Partech (USD 80M, 29 deals) or UM6P Ventures (USD 108M, 48 deals). No Series B in 2025. Fintech is the leading sector. Sources: Partech, UM6P Ventures. Intention counters will be shown above a threshold of amount and number of Backers.
Listed benchmarks Cash Plus · Fintech · Casablanca Stock Exchange · listed Nov 2025 Not ranked: no intention is possible on a listed company.

National ranking · all sectors

Snapshot25 Sep 2026A snapshot taken on 25 Sep 2026
This ranking shows the startups as they stood on 25 Sep 2026. Funding rounds, valuations and other events announced after that date are not included yet. They will be taken into account in the next edition, scheduled for 15 Nov 2026.
Spotted a more recent round? Tell us →
First edition: no movements yet.
#CompanySub-sectorKnown fundingEstimated valuation (AI) · rangePool of InterestsInterest: a free, non-binding declaration on a company, or on a sector within an area, made during the free phase of a pool.

Pool: all the Interests declared on the same target. This column shows the number of Backers and the combined amount of their tickets.
Terms for Backers →
BackBacking a startup on Uback (pronounced “you back”) can be done in two ways:

Interest · free: a non-binding declaration that signals your demand for a company or a sector. You can move or withdraw it at any time, with up to 5 at once.

Intention · coming soon: a paid, confirmed declaration, still non-binding. Once its pool reaches critical mass, it is presented to a company by a local partner.

Neither is an order nor a commitment to invest.
Terms for Backers →
1 NuitéeCasablanca · founded 2017Headquartered in Dublin (Ireland); tech and operations teams in Casablanca and Palma
Counted as Moroccan by the UM6P Ventures 2024 report.
Tourism › hotel booking infrastructure (B2B API) USD 48M raised
Series A · USD 48M · Dec 2024 (Accel)
Last known equity round: Series A · USD 48M · Dec 2024 (Accel)Method Be the first Back
2 YakeeyCasablanca · founded 2023 Real estate › transactional marketplace USD ≥15M raised
Series A · USD >15M · Jan 2026 (IFC, Beltone VC, Enza, CDG Invest)
Last known equity round: Series A · USD 15M · Jan 2026 (IFC, Beltone VC, Enza, CDG Invest)Method Be the first Back
3 ChariCasablanca · founded 2020Morocco (Chari Group); operations in Morocco, Tunisia, Côte d'Ivoire
Licensed as a payment institution by Bank Al-Maghrib in 2025.
Fintech › B2B commerce and payments for grocery stores USD 17–19.5M raised
Series A · USD 12M · Oct 2025 (SPE Capital, Orange Ventures)
Last known equity round: Series A · USD 12M · Oct 2025 (SPE Capital, Orange Ventures)
Published valuation: USD 100M (Jan 2022)
Method
Be the first Back
4 ORA TechnologiesCasablanca · founded 2023
Acquired Cathedis (last-mile logistics) in 2025.
Fintech › super-app (delivery, payments, logistics) USD 12–14M raised
Series A increased to USD 10M · Jul 2026
Last known equity round: Series A · USD 10M · Jul 2026Method Be the first Back
5 YoLa FreshCasablanca · founded 2023 Food › B2B agricultural distribution USD 7M raised
Pre-Series A · USD 7M · May 2024 (Al Mada Ventures)
Last known equity round: Pre-Series A · USD 7M · May 2024 (Al Mada Ventures)Method Be the first Back
6 Davis AICasablanca / London · founded 2024Jurisdiction not specified (probably United Kingdom); Moroccan founders, team in Casablanca Real estate › AI-assisted design USD 5.5M raised
Pre-seed · USD 5.5M · May 2026 (Balderton, Heartcore)
Last known equity round: Pre-seed · USD 5.5M · May 2026 (Balderton, Heartcore)Method Be the first Back
7 AgenzCasablanca · founded 2021 Real estate › data and valuation USD ~6.8M raised
Seed · USD 5M · Jun 2026 (Breega, Attijariwafa Ventures, Saviu)
Last known equity round: Seed · USD 5M · Jun 2026 (Breega, Attijariwafa Ventures, Saviu)Method Be the first Back
8 PayTicCasablanca · founded 2020Legal entity in Canada (Prince Edward Island); operations in Casablanca Fintech › payment operations automation (B2B) USD ~7M raised
Seed extension · USD 4M · Apr 2025 (AfricInvest)
Last known equity round: Seed extension · USD 4M · Apr 2025 (AfricInvest)Method Be the first Back
9 WafRCasablanca · founded 2021 Fintech › loyalty and payments for neighbourhood retail USD ~6.7M raised
Seed · USD 4M · Feb 2026 (LoftyInc, Attijariwafa Ventures, Al Mada Ventures)
Last known equity round: Seed · USD 4M · Feb 2026 (LoftyInc, Attijariwafa Ventures, Al Mada Ventures)Method Be the first Back
10 FreteriumCasablanca · founded 2020Morocco; office in Dubai Mobility › transport management software (TMS) USD ~4.3M raised
Seed · USD 4M · Feb 2022 (Partech Africa, Flexport, Y Combinator)
Last known equity round: Seed · USD 4M · Feb 2022 (Partech Africa, Flexport, Y Combinator)Method Be the first Back
11 CloudFretCasablanca · founded 2021
Profitable company, revenue > MAD 60M.
Mobility › digital road freight USD ~3M (MAD 30M) raised
MAD 10M · May 2022 (Azur Innovation Fund); 3rd round under negotiation (2026)
Last known equity round: USD 1M · May 2022 (Azur Innovation Fund)
Published valuation: USD 20M (Jan 2022)
Method
Be the first Back
12 EnaklCasablanca · founded 2022 Mobility › shared employee transport USD 3.7M raised
Seed · USD 2.3M · Jan 2026 (Azur Innovation Fund, Witamax)
Last known equity round: Seed · USD 2.3M · Jan 2026 (Azur Innovation Fund, Witamax)Method Be the first Back
13 WolizCasablanca · founded 2024 Retail › tools for neighbourhood stores USD 2.2M raised
Pre-seed · USD 2.2M · Dec 2025 (Sanlam Maroc)
Last known equity round: Pre-seed · USD 2.2M · Dec 2025 (Sanlam Maroc)Method Be the first Back
14 GoSwapCasablanca · founded 2023 Energy › battery swapping for electric two-wheelers USD ~2.1M (> MAD 20M) raised
1st round · > MAD 20M · Mar 2026 (Azur Innovation Fund)
Last known equity round: First round · USD 2M · Mar 2026 (Azur Innovation Fund)Method Be the first Back
15 z.systemsCasablanca · founded 2022 Retail › digitalisation of neighbourhood stores USD 2.7M raised
Seed · USD 1.65M · Apr 2026 (Azur Innovation Management)
Last known equity round: Seed · USD 1.6M · Apr 2026 (Azur Innovation Management)Method Be the first Back
16 TerraaCasablanca · founded 2022 Food › B2B agricultural distribution USD 1.5M raised
Pre-seed · USD 1.5M · Feb 2023 (FoodLabs)
Last known equity round: Pre-seed · USD 1.5M · Feb 2023 (FoodLabs)Method Be the first Back

Back · Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a local partner. · Terms

Ranking in descending order of AI-estimated valuation, based on public information, with no human intervention on the order. The valuations, ranges and brackets shown are editorial estimates produced by AI, purely indicative and imperfect by nature: neither a financial valuation, nor an offer, nor investment advice. Only the market sets a company’s value, through a funding round or a sale. Ranking established by Claude (Anthropic) from public information, following the published rules. A consensus of several AIs will apply from 1 December 2026. Eligibility: at least $1M raised in equity, non-listed company, main operations in Morocco. Request a correction

How to read this ranking

Rank

Companies are ranked by AI-estimated valuation, highest first. The market sets the value; our AI estimates it.

Estimate

An AI-estimated valuation, its uncertainty range and its order of magnitude. Indicative, and imperfect by nature.

  1. Hundreds of k$
  2. Millions $
  3. Tens of M$
  4. Hundreds of M$
  5. Unicorn
  6. Decacorn
  7. Hectocorn

Full method →

Rankings by sector

Four verticals at launch, more when the feasibility test allows.
Coming soon · Top 10

Fintech & payments

Neobanks, merchant payments, credit and loyalty for retailers.

Coming soon · Top 10

B2B commerce & retail

Supplies for retailers, e-commerce, brands.

Coming soon · Top 10

Agritech & food

Agricultural distribution, precision farming, water.

Coming soon · Top 10

Logistics & mobility

Freight, last mile, shared transport, electric vehicles.

ProptechHealthtechEducationEnergy & climateB2B software
The Uback partner in Morocco

Introductions made by a local partner, currently being selected

M&A boutique or capital raising adviser licensed by the AMMC (Moroccan Capital Market Authority), the only party entitled to contact companies and structure deals. Uback remains a media: it ranks and aggregates intentions, it takes part in no transaction.

—deals worked on
—deals closed
—average response time
M&A boutiques, capital raising advisers

Become Uback’s exclusive partner in Morocco

  • Foreign investors you would not find on your own
  • Your name on every ranking of the country
  • A dashboard of intentions by sector and by company, reserved for you
  • A quarterly prospecting kit for your own clients
Discover the partnership Annual contract, exclusive per country. Uback brings investors and visibility, not a guaranteed deal flow.

Radar · known eligible companies, not ranked

Sorted by date of last round, with no judgement and no AI call. Undisclosed amount: the round is confirmed by the press, not its amount.

  • Weego · Mobility › multimodal transportUSD 1.1M · Mar 2026Back
  • Charikaty · Enterprise software › online company formationMAD 1.5M · Feb 2026Back
  • VOVE ID · Fintech › identity verification (KYC)Undisclosed amount · Apr 2025Back
  • ToumAI Analytics · AI › voice and customer relationship analyticsEUR 1M · Feb 2025Back
  • Talaty · Fintech › SME credit scoringUndisclosed amount · Dec 2024Back
  • Alya · Fintech › instalment paymentsUndisclosed amount · Dec 2024Back
  • Tookeez · Fintech › loyalty programmesMAD 15M · Mar 2024 (Azur Innovation Fund)Back
  • Konta · Enterprise software › procurement and spend management (purchase-to-pay)USD 1.15M · Mar 2023 (Azur Innovation Fund)Back
  • Sand to Green · Energy & climate › agroforestry (headquartered in Paris, operations in Morocco)USD 1M · Feb 2023Back
  • Koolskools · Education › platform for schoolsMAD 10M · Feb 2023 (Azur Innovation Fund)Back
  • Deepecho · Health › AI for ultrasoundMAD 6M · 2023Back
  • Inyad · Enterprise software › management and payments for merchantsSeries A · USD ~6M · 2023 (Al Mada Ventures, Partech)Back
  • ATAREC · Energy › wave energyUndisclosed amount · 2022Back
  • DabaDoc · Healthtech › doctor booking and teleconsultationMajority stake taken by Orange MEA and AXA Assurance Maroc · 2021 (amount not disclosed)Back
  • SOWIT · Food › precision agricultureUndisclosed amount · 2019Back

Born in Morocco, based elsewhere

Companies of Moroccan origin whose main operations are now abroad: not ranked, shown with the law governing their shares.

  • RemotePass · Enterprise software › remote payroll and HR
    Headquartered in Dubai, Moroccan founders, team in Casablanca
    Series B · USD 17.4M · May 2026Back

Not ranked

  • Cash Plus · Listed on the Casablanca Stock Exchange since Nov 2025: benchmark, not ranked
  • Cathedis · Acquired by ORA Technologies in 2025
  • Kifal Auto · Acquired by Autochek (Nigeria) in May 2022

The method in Morocco

Calendar. Quarterly ranking, published on the 15th of February, May, August and November. Next edition: November 15, 2026.

Eligibility: at least $1M raised in equity, non-listed company, main operations in Morocco.

Partner sought. M&A boutique or capital raising adviser licensed by the AMMC (Moroccan Capital Market Authority).

Sources. Moroccan and international business and technology press (Médias24, Le Desk, TelQuel, L’Economiste, Challenge, LesEco, Le Matin, Agence Ecofin, TechCrunch, TechCabal, Wamda, Disrupt Africa), Partech Africa and UM6P Ventures reports, investor announcements.

Method and rules, common to all countries →