How much did Cercli raise?

Cercli raised $4 Million in a Seed round on September 3, 2024.

Where is Cercli based and how big is it?

Fundz records about 25 employees.

Who are the decision-makers at Cercli?

Fundz holds 1 contact at Cercli, including the Co-Founder. Names and contact details are shown to Fundz members.

Cercli raised $4M in a seed funding round led by Afore Capital to help MENA businesses manage their global workforce.

PRIVATESep 03, 2024

Amount Raised

$4 Million

Round Type

Seed

Softwareinformation technology & services

Investors

Allison PickensTony JamousTony DongSebastian MejiaKarim AtiyehRebel FundY CombinatorCOTU VenturesAfore Capital

Description

Cercli has successfully raised $4 million in a seed funding round, marking Afore Capital's first investment in the MENA region. The company aims to streamline payroll management and workforce solutions through its unified platform.

Quick answer

Cercli raised $4 Million in a Seed round, dated September 3, 2024. Investors: Allison Pickens, Tony Jamous, Tony Dong, Sebastian Mejia, Karim Atiyeh, Rebel Fund, Y Combinator and COTU Ventures.

How much did Cercli raise?: Cercli raised $4 Million in a Seed round on September 3, 2024.
Who invested in Cercli?: Allison Pickens, Tony Jamous, Tony Dong, Sebastian Mejia, Karim Atiyeh, Rebel Fund, Y Combinator and COTU Ventures are named as investors in this round.
What does Cercli do?: Cercli (YC S23) is the modern payroll and employee data platform for the Middle East and North Africa (MENA).
Where is Cercli based and how big is it?: Fundz records about 25 employees.
Who are the decision-makers at Cercli?: Fundz holds 1 contact at Cercli, including the Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Cercli

About

Cercli (YC S23) is the modern payroll and employee data platform for the Middle East and North Africa (MENA). Even today, companies across MENA manage payroll, employee information, documents, onboarding checklists, and a plethora of other tasks manually. They default to spreadsheets, legacy enterprise solutions, and dated basic HR solutions, causing an array of issues and challenges, including human error and fraud, weak compliance, poor transparency, and more. Cercli flips this upside down. It automates payroll, reimbursement, onboarding, offboarding, and more - by seamlessly integrating with tools across the workplace. Whats more? You can now hire, manage and pay local and international (Employer of Record and Contractor) payroll, consolidated in 1 platform for the first time. Cercli’s purpose is to unlock the true potential of organizations and their people.

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1 contact

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Cercli raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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