{"id":52231,"date":"2025-10-21T12:24:31","date_gmt":"2025-10-21T09:24:31","guid":{"rendered":"https:\/\/entarabi.com\/?p=52231"},"modified":"2025-10-21T12:36:01","modified_gmt":"2025-10-21T09:36:01","slug":"cercli-secures-12-million-in-series-a-funding-to-advance-its-ai-powered-hr-platform","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/10\/cercli-secures-12-million-in-series-a-funding-to-advance-its-ai-powered-hr-platform\/","title":{"rendered":"Cercli Secures $12 Million in Series A Funding to Advance Its AI-Powered HR Platform"},"content":{"rendered":"
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  • Cercli Raises $12 Million Series A to Accelerate the Development of Its AI-Powered HR Platform<\/li>\n
  • The round was led by Picus Capital with participation from more than eight prominent investors, aiming to accelerate the growth of the HR software sector in the region.<\/li>\n<\/ul>\n

    Cercli, an AI-driven platform specializing in human resources management and payroll, has announced the successful closure of its $12 million Series A funding round, led by Germany-based Picus Capital. The funds will be directed towards enhancing Cercli\u2019s platform and expanding its capabilities.<\/p>\n

    Investors in the Round<\/h1>\n
      \n
    • Participants in the round included Knollwood Investment Advisory, alongside notable investors such as:
      Y Combinator<\/li>\n
    • Afore Capital<\/li>\n
    • COTU Ventures<\/li>\n<\/ul>\n

      in addition to several angel investors including:<\/h3>\n
        \n
      • Prabhakar Reddy (OpenFX)<\/li>\n
      • Jamie Arrieta (Buk)<\/li>\n
      • Marco Oliengo and Francisco Scalambrino (Jet HR)<\/li>\n
      • Francesco Simoneschi (Truelayer)<\/li>\n
      • Mehdi Ghassassi (AI71).<\/li>\n<\/ul>\n

        Funding Details<\/strong><\/h4>\n

        This marks Picus Capital\u2019s first investment in the Middle East and North Africa (MENA). The firm manages over $1 billion in assets through a global portfolio that includes leading HR-focused companies such as Personio, Multiplier, Deel, Maki, and Jet HR.<\/p>\n

        The investment aligns with Picus Capital\u2019s global strategy of backing next-generation HR tech companies in fast-growing digital economies.<\/p>\n

        Cercli aims to build a unified platform that helps organizations manage their people, data, and agents in the era of artificial intelligence.<\/p>\n

        About Cercli<\/h1>\n

        Over the past year, Cercli has achieved 10x revenue growth, serving a diverse client base that includes startups and multinational enterprises such as Vision Bank, Backlite Media (a subsidiary of Abu Dhabi-listed Multiply Group), the Global Climate Finance Center, Huspy, Lean Technologies, and Zina.<\/p>\n

        The company processes payroll distributions for organizations across 50 countries, with total transactions exceeding $100 million in the past year.<\/p>\n

        Its services cater to organizations ranging from 25 to 1,000 employees across MENA and beyond.<\/p>\n

        Leadership Statements<\/h2>\n

        Aqeed Azmi, Co-founder and CEO of Cercli, said:<\/p>\n

        \n

        \u201cWe\u2019ve experienced significant growth over the past twelve months, attracting top talent, clients, and investors, Companies now realize the importance of a single, reliable platform to manage their most valuable asset \u2014 their people”.<\/em><\/p>\n<\/blockquote>\n

        \u00a0He add:<\/p>\n

        \n

        “We believe the era of AI provides a unique opportunity to redefine the ERP landscape long dominated by giants like Workday, SAP, and Oracle.\u201d<\/p>\n<\/blockquote>\n

        With a 22% month-on-month growth rate, Cercli is well-positioned to tap into the $5.8 billion HR software market in MENA, where many organizations still rely on legacy ERP systems that don\u2019t meet the needs of the modern workforce.<\/p>\n

        The regional market is undergoing rapid transformation, driven by Saudi Arabia\u2019s Vision 2030, which alone is backing over $500 billion worth of economic projects requiring advanced workforce management capabilities.<\/p>\n

        Cercli\u2019s AI-first strategy allows it to deploy new products and features faster, enabling clients to fully migrate their operations to Cercli\u2019s platform within 48 to 72 hours, compared to the nine-month timelines typically required by traditional software providers.<\/p>\n

        This agility has driven growing demand among high-performing organizations.<\/p>\n

        Robin Guddenrath, Co-founder at Picus Capital, commented:<\/p>\n

        \n

        \u201cCercli is launching products at a remarkable pace in a region undergoing rapid transformation, with a tech-savvy workforce seeking integrated AI-powered HR solutions”.<\/p>\n<\/blockquote>\n

        HE add:<\/p>\n

        \n

        “We\u2019ve seen this model succeed globally within our portfolio, and we\u2019re excited to support Cercli as it continues expanding its market share.\u201d<\/p>\n<\/blockquote>\n

        David Reich, Co-founder and Chief Technology & Product Officer at Cercli, added:<\/p>\n

        \n

        \u201cWe recognized the urgent need to rebuild workforce management systems with AI at their core, rather than simply adding new features. This gives us a critical edge in delivering efficiency, integration, and intelligence that modern organizations require”.<\/p>\n<\/blockquote>\n

        HE add:<\/p>\n

        \n

        “As we expand, our focus will remain on attracting top global talent to join our mission of transforming how companies manage both human and AI workforces.\u201d<\/p>\n<\/blockquote>\n

        Cercli continues to strengthen its commitment to global tech talent. Since 2024, the company has hired professionals from world-leading firms such as Google, Meta, Deel, Booking.com, Rippling, and Goldman Sachs.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

        Cercli, an AI-driven platform specializing in human resources management and payroll, has announced the successful closure of its $12 million Series A funding round, led by Germany-based Picus Capital. The funds will be directed towards enhancing Cercli\u2019s platform and expanding its capabilities.<\/p>\n","protected":false},"author":11,"featured_media":52229,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[8566,8850],"tags":[9997,5613,9995,9996,6254,9994,8356],"class_list":["post-52231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai","category-venture","tag-afore-capital","tag-cercli","tag-jet-hr","tag-knollwood-investment","tag-lean-technologies","tag-picus-capital","tag-y-combinator-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/52231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=52231"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/52231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/52229"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=52231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=52231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=52231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}