Fundraise

Morocco's Charikaty raises pre-seed round at €3M valuation to expand across MENA

What's the deal? Moroccan legaltech startup CharikatyDealroom has a profile for this one. Try Dealroom → has closed a pre-seed round at a €3 million (MAD 32.6 million) valuation. Backers include Dubai-based Red Tape Ventures, Faris Al-Obaid, vice president and general manager of Mastercard KuwaitDealroom has a profile for this one. Try Dealroom →, and Saudi footballer Faris Abdi, alongside undisclosed investors.

What's the endgame? Charikaty started with company incorporation and now wants to serve the full business lifecycle. The capital will fund two new ventures, expand its accounting and compliance offering, and take that accounting business beyond Morocco into Egypt and the Gulf Cooperation Council (GCC).

What does the platform do? It lets founders incorporate a SARL, SAS, or foreign subsidiary fully online, with a legalised electronic signature and fixed upfront pricing. Filing can take as little as three days, and a diaspora channel serves Moroccans in more than 100 countries.

The company also covers statutory modifications, domiciliation, accounting, trademark filing, and dissolution, with a named jurist on every file.

Why now? Morocco is pushing toward digital company creation. More than 50,300 companies have been formed electronically since the rollout of the state system, and electronic creation accounted for 44% of all company creations in 2026, per the Ministry of Industry and Commerce.

Charikaty sees a parallel shift across the Middle East and North Africa (MENA), pointing to electronic invoicing mandates already in effect in Egypt and Saudi Arabia and spreading across the Gulf.

"Company creation gave us a very clear place to start, but it also gave us a front-row view of what entrepreneurs need next," said chief executive officer Amr Mouaqit. "We want to build around the lifecycle of the company."

One expression of that strategy, WebatyDealroom has a profile for this one. Try Dealroom →, launched in September to build websites tailored by profession, drawing on Charikaty's playbooks across more than 16 industry verticals.

The signal: The round ties a homegrown legaltech to Gulf capital at a moment when tax and company administration across MENA is moving online — turning regulatory digitisation into a cross-border software market.

Read more: moroccoworldnews.com

Image credit: Generated with Gemini

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