Moroccan legal tech startup Charikaty has secured a MAD 1.5 million (approximately $150,000) investment during Season 3 of “Qui Veut Investir Dans Mon Projet?”, Morocco’s leading startup investment show broadcast on 2M.
The funding marks a significant milestone for Morocco’s growing legal tech (LegalTech) and RegTech ecosystem, reinforcing investor confidence in digital solutions that simplify business creation and compliance processes.
High-Profile Investors Back Charikaty
The investment was led by:
- Ilan Benhaim, co-founder of Veepee and chairman of Endeavor Morocco
- Karim Amor, president of MeM by CGEM and founder of Epineon.ai
The deal followed a compelling pitch showcasing Charikaty’s growth trajectory, market demand, and scalability within Morocco’s expanding entrepreneurial landscape.
What Does Charikaty Do?
Founded by Amr Mouaqit (CEO) and Driss Sijelmassi (COO), Charikaty is a fully digital company formation platform in Morocco that simplifies complex administrative procedures.
The startup provides:
- Digital company registration and legal structuring
- Documentation preparation
- Government registration processing
- Company modifications and dissolution services
- Trademark registration
- Ongoing legal and regulatory compliance
By digitizing traditionally paper-based processes, Charikaty reduces processing times, improves transparency, and lowers administrative barriers for entrepreneurs.
Tapping into Morocco’s Growing Startup Ecosystem
Morocco registers more than 90,000 new companies annually, reflecting strong entrepreneurial momentum. At the same time, the government is accelerating digital transformation under its Maroc Digital 2030 strategy, which aims to modernize public services and strengthen the country’s digital infrastructure.
Within this context, Charikaty positions itself as essential digital infrastructure for entrepreneurs, streamlining procedures that previously required extensive paperwork and in-person administrative visits.
As Morocco pushes toward greater digitalization, platforms like Charikaty play a crucial role in:
- Supporting SMEs and startups
- Improving ease of doing business
- Enabling faster market entry
- Enhancing regulatory transparency
Expansion Plans and Strategic Growth
With the newly secured funding, Charikaty plans to:
- Upgrade and scale its technology platform
- Expand operations nationwide across Morocco
- Broaden services for entrepreneurs and SMEs
- Develop tailored solutions for Moroccans living abroad (MREs)
The company aims to become the leading LegalTech and RegTech platform in Morocco, helping founders navigate regulatory requirements efficiently while contributing to the country’s broader digital transformation goals.
A Strong Signal for Morocco’s Legal Tech Market
Charikaty’s fundraising success highlights increasing investor interest in RegTech, LegalTech, and digital public administration solutions in Morocco. As the country advances its digital economy strategy, startups that simplify compliance, business registration, and legal operations are expected to attract growing attention from both local and international investors.
