TraqCheck Raises $8 mn; Wants to Replace HR Dashboards with Autonomous Hiring Agents

HR tech startup TraqCheck has raised $8 million in Series A led by IvyCap Ventures, with participation from IIFL, as it bets that the future of hiring will not be software dashboards but autonomous AI agents.

The funding will accelerate European expansion and deepen adoption across SMB and enterprise customers for its background screening agent, Trace, while scaling go-to-market for its recently launched real-time conversational sourcing agent, Nina.

TraqCheck is building what it calls the Human Operating System — a DeepTech layer of specialised AI agents designed to collaborate the way human teams do.

Instead of recruiters manually sourcing candidates, screening resumes, and coordinating background checks across fragmented tools, TraqCheck’s agents execute those workflows end to end.

The company, with offices in Delhi and London, says it has grown to nearly 300 enterprise customers across India and Europe, including mid-market and large organisations using Trace for automated background verification.

With Nina, the company is moving upstream into talent acquisition itself. The agent sources candidates in real-time, initiates outreach conversations, qualifies applicants, and introduces vetted talent directly to hiring managers.

“The shift from SaaS to AI-native systems is happening faster than most companies realise. Software required humans to operate it. Agents execute autonomously. We are building systems that collaborate and make decisions, not just tools that display information,” said co-founders Armaan Mehta and Jaibir Nihal Singh.

“TraqCheck is building a compelling DeepTech AI-native platform that reimagines how hiring workflows are executed. The team has demonstrated strong product vision and execution in applying autonomous agents to solve real enterprise challenges in talent acquisition and verification. We are delighted to partner with the TraqCheck team as they scale globally and help shape the future of HR operations,” Vikram Gupta, IvyCap Ventures Founder and Managing Partner, said.

"The Human Operating System thesis resonates with us deeply: as agentic AI moves from experimentation to production in enterprise environments, companies like TraqCheck that own the full workflow stack — sourcing, screening, verification — are positioned to become category-defining infrastructure. We are excited to partner with the team as they scale this vision across India and Europe," Mehekka Oberoi, IIFL, Fund Manager, Fintech, added.

TraqCheck was previously backed by angel investors including Peyush Bansal, founder of Lenskart, and Alok Oberoi, Chairman of Everstone Capital.