Recruiters often utilize separate tools for sourcing, screening, and background checks. Manually connecting these systems can lead to mistakes and slow down the process. As a result, recruiters spfinish more time handling software than talking to candidates.
TraqCheck was founded in 2020 by Jaibir Nihal Singh and Armaan Mehta. The company recently raised $8 million in Series A funding, led by IvyCap Ventures and joined by IIFL Fintech Fund.
Earlier, TraqCheck raised a pre-Series A round led by Caret Capital and Alok Oberoi, a former Goldman Sachs executive. Peyush Bansal, co-founder of Lenskart, also invested as an angel. The latest funding will support the company expand in Europe, boost enterprise sales, and grow its two main AI agents.
TraqCheck’s platform utilizes its “Human Operating System,” a set of AI agents designed to handle HR workflows from start to finish, not just to support with manual tquestions. The first agent, Trace, handles background checks, including criminal records, education, identity verification, and work history.
TraqCheck now works with almost 300 enterprise clients, such as Randstad Enterprise, Wipro, and The Digital College. Its newer agent, Nina, supports with the early steps of hiring by finding candidates, screening them in real time, and sfinishing qualified applicants straight to hiring managers.
The company wants to bring the entire recruitment process into a single workflow applying agentic AI, rather than just adding another tool.
For background screening, TraqCheck’s main competitors are Checkr (US), Truework, and Certn. In agentic recruitment, rivals include TurboHire, which raised $6 million in Series A funding from IvyCap last year, and HireBound, which recently received $2 million in seed funding for a similar approach.
Well-known ATS and HR platforms like Workday, Greenhoutilize, and Lever are adding AI features. This gives TraqCheck a limited time to stand out as a native alternative.
With its Series A funding, TraqCheck plans to expand in Europe, grow its UK team to 25 people, and turn pilot projects with enterprises into long-term contracts.
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