- Cercli raised USD 12M Series A led by Picus Capital, attracting top global investors to scale its AI-powered HR platform.
- Founded in 2023, Cercli helps enterprises hire, manage, and pay global workforces, replacing fragmented legacy HR and payroll systems.
- The platform’s internal AI solutions accelerate product launches, enabling organizations to migrate fully to Cercli within 48 to 72 hours.
Cercli
Based in Saudi and UAE, Cercli raised USD 12 million in a series A funding round. The round was led by Germany headquartered Picus Capital. The round also saw participation from Knollwood Investment Advisory, Y Combinator, Afore Capital, and COTU Ventures. This investment aligns Picus’ sector strategy into one of the world’s fastest-growing technology markets.
“Cercli has a unique founding team which is evident from the velocity of their product expansion strategy. They are shipping incredibly fast, in a region undergoing rapid transformation and a tech-savvy workforce that wants AI-native solutions for workplace management.” said Robin Godenrath. Founding Partner, Picus Capital.
It also saw participation from individual investors including Prabhakar Reddy from OpenFX, Jaime Arrieta from Buk, Marco Ogliengo and Francesco Scalambrino from Jet HR, Francesco Simoneschi from Truelayer, Mehdi Ghissassi from AI71.
AI Workforce Platform
Founded in 2023 by Akeed Azmi and David Reche, Cercli is a platform for enterprises to hire, manage, and pay their global workforce in the age of AI. It seeks to replace fragmented legacy systems with a modern, AI-powered platform for HR management, payroll, and compliance.
“Businesses recognise the benefit of a unified platform as a single source of truth in managing their greatest asset, their people,” said Akeed Azmi, co-founder and CEO of Cercli
Cercli first deployed internal AI solutions, enabling the team to rapidly launch new products and features that meet customer needs. It claims that this speed enables business leaders to migrate entire organisations to Cercli’s platform within 48 – 72 hours.
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