UAE’s Cercli has announced the raising of $4M in a seed funding round led by Afore Capital, with participation from COTU Ventures, Y Combinator, Rebel Fund, alongside investors from Kitobi, Careem, Ramp, Rappi, Rippling, Oyster, and others.

Why it Matters? New HR and teams management platform in the MENA region.

More to Know:

• Cercli was founded by Akeed Azmi and David Reche, in 2023.
• Its platform provides solutions to manage employees, resources and payroll for companies in the MENA region.
• The founders previously scaled and managed teams in Kitopi and Careem.
• This is the first Afore Capital’s investment in the MENA Region.
• Cercli said it had paid over $23 million in client employee salaries across 31 countries.
• The funds will be used to help the company grow and hire more talent.