Charikaty Raises Pre-Seed Funding at €3M Valuation to Expand LegalTech Services Across Egypt and the GCC
Moroccan LegalTech startup Charikaty has closed a Pre-Seed funding round at a €3 million valuation, marking a broader expansion from digital company incorporation into accounting, compliance and other services designed to cover a wider part of the company lifecycle.
The round brings Gulf-based investors on board, including Dubai-based Red Tape Ventures, Faris Al-Obaid, Vice President and General Manager of Mastercard Kuwait, and Faris Abdi, a Saudi professional footballer at Al-Ittihad, alongside other undisclosed investors. The company did not disclose the amount raised.
Founded by Amr Mouaqit, Co-Founder and CEO, and Driss Sijelmassi, Co-Founder and COO, Charikaty plans to use the new capital to launch two ventures, expand its accounting and compliance offering, and prepare its accounting business for expansion into Egypt and GCC markets.
“Company creation gave us a very clear place to start, but it also gave us a front-row view of what entrepreneurs need next,” Mouaqit said. “The ambition now is larger than the incorporation itself. We want to build around the lifecycle of the company.”
From Digital Incorporation to a Broader Business Platform
Charikaty enables entrepreneurs to incorporate several company structures in Morocco entirely online, including SARL, SARL AU, SAS and foreign subsidiaries, using a legalized electronic signature and upfront fixed pricing. According to the company, the filing process can be completed in as little as three days.
The startup has also developed a dedicated channel for Morocco’s diaspora, serving Moroccans across more than 100 countries and allowing entrepreneurs abroad to establish companies without travelling to Morocco, appointing a proxy or attending a consular appointment.
Beyond incorporation, Charikaty already provides statutory modifications, domiciliation, accounting packages, trademark filing and company dissolution.
Its client portal enables entrepreneurs to track their files in real time and keep official documents in one place, while each case is assigned to a named jurist.
The company now plans to build additional products around businesses acquired at the incorporation stage, positioning company formation as the entry point for a longer-term relationship with entrepreneurs.
Charikaty Launches Webaty as First New Venture
As part of this strategy, Charikaty launched Webaty, a website-development venture, in September.
The venture emerged from a recurring need among newly established companies using Charikaty: after creating a business, establishing a digital presence is often one of the next steps.
Rather than offering identical website-development packages across businesses, Webaty starts with the company’s profession and the commercial outcome its website needs to deliver. Its service draws on playbooks covering more than 16 industry verticals, including e-commerce, construction, consulting, restaurants and short-term rentals.
“A restaurant and a consulting firm can both ask for a website, but they are not asking for the same outcome,” Sijelmassi explained. “One may need reservations, the other qualified enquiries. That difference changes what you build.”
Webaty can deliver an initial website version within 72 hours once the required content has been provided.
Accounting Venture Targets Egypt and GCC
A second venture focused on accounting and compliance is expected to launch later in September, representing a more explicitly regional component of Charikaty’s strategy.
The company is initially developing the product around Morocco’s accounting and tax framework, including the country’s incoming electronic invoicing requirements.
Charikaty ultimately intends to take the accounting venture beyond Morocco into Egypt and the GCC, where the digitalisation of tax administration and electronic invoicing is creating opportunities for software platforms capable of adapting to different national regulations.
The founders see Morocco as a proving ground for the model before entering additional MENA markets.
The strategy comes as Morocco continues to move toward digital company formation. More than 50,300 companies have been created electronically, while electronic incorporation accounted for 44% of total company creations in 2026, according to figures cited from the country’s Ministry of Industry and Commerce.
Gulf Investors Back Charikaty’s Regional Ambitions
The composition of Charikaty’s Pre-Seed round connects the startup with the markets it intends to enter, with investors from the UAE, Kuwait and Saudi Arabia participating as the company moves from a primarily Morocco-focused LegalTech platform toward a broader regional business-services model.
Charikaty’s thesis is that many entrepreneurs continue to face fragmented services after incorporation, ranging from accounting and compliance to branding and digital operations.
By acquiring businesses at the moment they are created, the startup believes it can become a platform through which founders access several of those subsequent services.
This shifts the company’s long-term opportunity beyond simply digitising incorporation and toward supporting more of the company lifecycle.
For Mouaqit and Sijelmassi, the next test is whether the technology-led model developed for Moroccan company creation can be extended across the rest of a company’s lifecycle and eventually replicated across Egypt and the wider Gulf region.
