Cercli Pockets $4 Million in Seed Funding Round
Since its launch earlier in 2024, Cercli has seen over $23 million in salaries paid out across 31 countries.
UAE-based HRtech platform Cercli has raised $4 million in a seed funding round led by Afore Capital, marking the firm’s first investment in the MENA region. The round also included participation from COTU Ventures, Y Combinator, and Rebel Fund, along with contributions from industry professionals like Karim Atiyeh (Ramp), Sebastian Mejia (Rappi), Tony Dong (Rippling), and Tony Jamous (Oyster).[1]
Founded in 2023 by Akeed Azmi and David Reche, Cercli offers a platform for MENA businesses to hire, manage, and pay their global workforce. The platform aims to address challenges related to payroll errors, compliance costs, and inefficiencies by providing a single, integrated solution.
Since its launch earlier in 2024, Cercli has seen over $23 million in salaries paid out across 31 countries.
The new funding will enable Cercli to expand its operations and attract additional talent, building on its team of experts from companies like Kitopi, Careem, Microsoft, and Accenture.