Morocco’s PrestaFreedom raises US$1.1m from Azur Innovation Fund

Morocco’s PrestaFreedom raises US$1.1m from Azur Innovation Fund
Majid Benslimane, founder and CEO of PrestaFreedom

Morocco-based PrestaFreedom, a home services marketplace, announced it has secured US$1.1 million led by Morocco’s Azur Innovation Fund.

PrestaFreedom plans to invest the fund in its logistics and technology development with an aim to boost the company’s expansion to the African markets by the coming year.

The startup, founded in 2020, is offering a host of home maintenance services on a monthly and weekly subscription basis.

“We are proud of the opportunity offered by our Azur Innovation Fund partners. It is a crucial step in the development of the startup that I launched a few years ago, and it supports the goal of meeting a need in the Moroccan market,” Majid Benslimane, founder and CEO of PrestaFreedom said.

Besides this round, PrestaFreedom said it also managed to raise several others to accelerate its go-to-market efforts.

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