Cercli, an AI-powered HR platform for businesses in the Middle East and North Africa (MENA) region, has secured $12 million in Series A funding. This investment comes just a year after the company's $4 million seed round. Cercli's platform offers a unified solution for HR, payroll, and workforce management, leveraging AI to streamline processes and ensure compliance.
The company has experienced substantial growth, with revenue increasing tenfold in the past year. Cercli processes over $100 million in payroll annually for companies across 50 countries. Its AI-native approach allows businesses to manage local payroll, remote contractors, and HR functions through a single platform. Cercli's platform automates tasks such as expense reimbursement, onboarding, and compliance, reducing manual work and administrative costs.
Cercli's success is attributed to its AI-driven capabilities, which provide a modern alternative to legacy systems. The platform's AI features include automated expense reimbursement, payroll accuracy checks, and global compliance management. Cercli's founders aim to continue expanding the platform's AI capabilities to further streamline HR operations and enhance efficiency for businesses in the MENA region.
