In Morocco, registering a new company has historically meant a circuit through notaries, the commercial registry, the tax office, and the CNSS social security fund, with paper files moving between them. Charikaty, a Casablanca-based startup founded in 2024 by Amr Mouaqit and Driss Sijelmassi, is trying to collapse that circuit into a single online flow. The company describes itself as the first fully digital platform for company creation and legal formalities in the country, covering registration, structuring, modifications, and ongoing compliance [Wamda, Feb 2026].
That ambition got a public stage in February, when Charikaty walked away with 1.5 million dirhams, roughly $150,000, on a Dragons' Den-style investment program aired on Morocco's 2M channel [Entarabi, Feb 2026]. The round, reported across regional outlets including Wamda and Disrupt Africa, is small by Silicon Valley standards but meaningful for a seed-stage Moroccan legaltech, and it came alongside the company's selection into the inaugural cohort of the Plug and Play and Technopark Morocco accelerator [Wamda, Feb 2026].
The bet
Charikaty's wedge is administrative pain. Setting up a SARL, the Moroccan equivalent of an LLC, traditionally requires in-person steps and intermediaries even after recent government efforts to put portions of the process online. Charikaty's pitch is that an entrepreneur should be able to draft articles of association, file with the commercial registry, secure a tax identifier, and handle subsequent corporate changes from one dashboard, without coordinating multiple offline providers [The OUUT, 2026]. The product is software-led rather than AI-led, a notable choice in a year when most regtech pitches lean on model claims.
The customers are the people creating those companies: first-time founders, small business owners, freelancers formalizing their activity, and the accountants and legal advisors who serve them. Pricing has not been publicly broken out, but the company frames the value as time saved and error reduction across what is otherwise a multi-week process [Upafrica Media, 2026].
Why it could be big
The Moroccan market for company formation is not small, and it is growing. The High Commission for Planning reported 109,656 new businesses created in 2025, a 14.6 percent jump over the prior year [Hespress, Feb 2026]. Other coverage cites a baseline of more than 90,000 new company registrations annually [Innovation Village, 2026]. Even at a modest average revenue per formation, a platform that captures a meaningful share of that flow, plus the recurring compliance work that follows, has a credible path to a real SaaS business.
| Metric | Value |
|---|---|
| New businesses registered in Morocco 2025 | 109656 companies |
| Reported annual baseline | 90000 companies |
| Charikaty seed round | 0.15 (shown separately, USD millions) |
The funding figure is included for reference only, the two registration numbers are the comparable units.
The policy backdrop helps. Morocco's Maroc Digital 2030 strategy explicitly prioritizes digital governance and the dematerialization of administrative procedures [Innovation Village, 2026]. The U.S. State Department's 2025 Investment Climate Statement on Morocco notes ongoing reforms aimed at improving the ease of doing business and reducing bureaucratic friction for investors [U.S. Department of State, 2025]. A private platform that rides those reforms, rather than fighting them, has tailwinds that a comparable startup in a less reform-minded jurisdiction would not.
The accelerator pick matters too. Plug and Play's Morocco program, run with Technopark, gives Charikaty a corporate and investor network that most Casablanca seed companies cannot assemble on their own [Wamda, Feb 2026].
The team and traction
Charikaty is led by co-founders Amr Mouaqit and Driss Sijelmassi, who built and launched the platform in 2024 [Upafrica Media, 2026]. Mouaqit has been the public face of the company through its TV pitch and subsequent press cycle, with French-language coverage in Référence Entreprise and We are Tech profiling his role in the launch [Référence Entreprise, 2026] [We are Tech, 2026]. The disclosed momentum so far is the $150,000 raise, the accelerator placement, and the press footprint across Wamda, Disrupt Africa, WeeTracker, Innovation Village, and several Moroccan and pan-African outlets in the weeks following the TV appearance.
The honest counterfactual
The sharpest question for Charikaty is whether the Moroccan government itself becomes the competitor. The country has been pushing its own digital one-stop services for business creation, and the Maroc Digital 2030 strategy contemplates more of them [Innovation Village, 2026]. Bears will argue that a state portal offered free of charge can compress the willingness to pay for a private layer. The bull answer, supported by what Charikaty has publicly described, is that public portals tend to handle the narrow filing step, while founders still need help with drafting, structuring, ongoing modifications, and compliance maintenance, which is where a software product with a service layer can sit profitably [Wamda, Feb 2026]. Whether that thesis holds will depend on how broad the public tools become and how quickly Charikaty builds workflows that go beyond initial registration.
A second consideration is competitive entry. No direct competitor is named in the cited coverage, but adjacent African legaltechs and regional accounting software vendors could move into the same workflow. Being first to market with a clean digital experience and an accelerator-backed brand is a real advantage, though not a permanent one.
What to watch
The next 12 months will tell a lot. Three milestones to track: a disclosed customer count or formation volume, which would convert press momentum into operating evidence, a follow-on round, plausibly a larger seed or pre-Series A given the accelerator relationship and the public profile from the 2M broadcast, and product expansion into recurring compliance modules such as annual filings, payroll registration, and tax declarations, which would lift average revenue per customer beyond the one-time formation fee. If Charikaty lands even two of those three, it will have built something that looks less like a filing tool and more like the default operating account for new Moroccan companies.
For a country registering more than 100,000 new businesses a year, that is a category worth defining.