TraqCheck: AI Innovations in HR Systems
TraqCheck, a startup specialising in AI for HR systems, has successfully secured $8 million in its Series A funding round, led by IvyCap Ventures, alongside participation from IIFL. The funds will facilitate the company’s expansion into Europe, bolster its AI agent portfolio, and enhance its market entry strategies for enterprise clients.
Founded by Armaan Mehta and Jaibir Nihal Singh, TraqCheck is dedicated to developing AI agents aimed at automating various hiring processes, including talent acquisition, screening procedures, and background checks. The company offers innovative products such as Trace, an automated background verification agent, and Nina, a conversational sourcing agent that helps to identify and qualify potential candidates.
TraqCheck proudly reports that it serves close to 300 enterprise customers in both India and Europe, utilising its advanced platform. In September of the previous year, TraqCheck had also attracted investments from angel investors, including Peyush Bansal and Alok Oberoi.
