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Cercli

Operating

Cercli is the modern payroll and employee data platform for the Middle East and North Africa (MENA).

Updated Source: SLA Startup IndexHow we verify →
Total raised
$4.5M
disclosed
Last round
$4M
Seed
Rounds
2
since 2023
Investors
9
on record
Employees
2-10

About Cercli

Cercli 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 funding2 rounds

All 2 rounds →

Cercli has raised $4.5M across 2 disclosed rounds. The latest is a $4M Seed announced 03 Sep 2024.

Capital growthrunning total of disclosed rounds
  1. $500KSeedSeed, $500K, $500K raised to date
  2. $4MSeedSeed, $4M, $4.5M raised to date

SLA Funding Index · grey is capital raised before each round

AnnouncedRoundLead · investorsAmount
03 Sep 2024Cercli SeedY Combinator +8$4M
06 Sep 2023Cercli SeedY Combinator$500K

Cercli founders & team

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Frequently asked about Cercli

Where is Cercli based and when was it founded?
Cercli is headquartered in Cairo, Egypt and was founded in 2023.
Who founded Cercli?
Cercli was founded by Akeed Azmi (Co-Founder) and David Reche (Co-Founder).
How much funding has Cercli raised?
Cercli has raised $4.5M across 2 disclosed rounds. Its latest, a $4M Seed, was announced on Sep 03, 2024.
Who has invested in Cercli?
Backers include Y Combinator, Tony Jamous, Tony Dong, Sebastian Mejia and 5 others.
What sector is Cercli in?
Cercli operates in Financial Services, FinTech and SaaS.