YC alum Cercli, an AIpowered Rippling for MENA, raises oversubscribed $12M Series A | TechCrunch
News Source : TechCrunch
News Summary
- Cercli is building a unified HR software for MENA businesses with AI at its core.
- The Dubai-based startup has announced an oversubscribed $12 million Series A round led by European VC Picus Capital.
- The company says it has scaled revenue more than 10x and now processes over $100 million in payroll annually for multiple businesses across 50 countries.
- As part of the investment, the company plans to build new AI-native products and work on more market share in the $5.8 billion HR software opportunity in MENA.
In a region long defined by fragmented enterprise systems, outdated compliance tools, and HR software that rarely talks to finance, Cercli is building a unified alternative for MENA businesses with A [+4023 chars]
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