Cercli Raises $12M Series A Led by Picus Capital to Build AI-Native HR Stack for MENA

Deal Summary

Dubai-based Cercli raised an oversubscribed $12M Series A led by Picus Capital, with participation from Knollwood Investment Advisory, Y Combinator, Afore Capital, and COTU Ventures. The startup will use the funding to expand its AI-native HR, payroll and compliance platform across the MENA region.