Moroccan legaltech startup Charikaty has closed a pre-seed round at a valuation of €3 million, equivalent to MAD 32.6 million. The funding brings together investors from across the Gulf and supports expansion beyond company creation into wider business lifecycle services. The company plans to launch new ventures and extend its accounting and compliance offering beyond Morocco into Egypt and the GCC.
Investor Backing for a Wider Ambition
Dubai-based Red Tape Ventures, Faris Al-Obaid of Mastercard Kuwait, and Saudi professional footballer Faris Abdi of Al-Ittihad participated in the round, alongside other undisclosed investors. Co-founders Amr Mouaqit and Driss Sijelmassi said that company creation gave Charikaty a clear view of what entrepreneurs need next. Their ambition is now larger than incorporation and focuses on building around the lifecycle of a company.
From Incorporation to Life After Registration
Charikaty initially focused on incorporation, which the founders describe as one of the earliest and most administrative stages of entrepreneurship. Once a company legally exists, its needs change as it begins operating and growing. The platform lets entrepreneurs incorporate a SARL, SARL AU, SAS, or foreign subsidiary fully online, with a legalized electronic signature and a fixed price disclosed upfront.
A Faster Path for Founders and Diaspora
The filing process can take as little as three days, and a dedicated diaspora channel serves Moroccans in more than 100 countries. Founders abroad can incorporate without a flight, proxy, or consular appointment. Charikaty also covers statutory modifications, domiciliation, accounting packs, trademark filing, and dissolution, with real-time tracking and a named jurist on every file.
Morocco's Digital Momentum
The broader strategy comes as Morocco moves further toward digital company creation. More than 50,300 companies have been created electronically since the rollout of the country's electronic company-creation system, according to the Ministry of Industry and Commerce. Electronic creation accounted for 44% of total company creations in 2026, reflecting a broader regional shift toward digital administration.
New Ventures for the Company Lifecycle
Webaty, one of the first expressions of that strategy, launched in September. It starts with the profession and the outcome the business needs from its website, drawing on Charikaty's playbooks across more than 16 industry verticals, including e-commerce, construction, consulting, restaurants, and short-term rental. A first version can be delivered within 72 hours once the necessary content is complete.
Accounting Expansion and Regional Demand
A second venture focused on accounting and compliance is expected to launch later in September, built around Morocco's accounting and tax framework and the country's incoming electronic invoicing mandate. Electronic invoicing mandates are already in effect in Egypt and Saudi Arabia and are spreading across the Gulf. Company leaders note that every country in the region is moving tax administration online, creating demand for software that adapts to local rules.
Gulf Ties and a Regional Path
The participation of Gulf investors connects Charikaty's immediate Moroccan focus with the markets where its accounting venture is intended to expand. Many commercial and operational needs after incorporation remain underserved, making each company created on the platform a natural first client for the products that come next. The broader question is whether the same technology-led approach can extend further into the lifecycle of Moroccan businesses and the wider region.
Charikaty's pre-seed round provides additional capital to build around the company lifecycle, with incorporation giving the startup early access to entrepreneurs. The founders see Morocco as a proving ground before taking the accounting venture into other markets. With Gulf investor backing and a growing product pipeline, the legaltech is positioning itself to support businesses well beyond their first day.