TraqCheck, an AI enterprise startup focused on HR systems, has raised $8 million in a Series A led by IvyCap Ventures with participation from IIFL, according to Entrackr. The funding round, announced on April 14, 2026, will be used to expand in Europe, strengthen TraqCheck’s AI agent offerings, and scale go-to-market efforts across enterprise customers.
AI agents for hiring workflow automation
TraqCheck is building AI agents to automate hiring workflows, including talent sourcing, screening, and background verification. The company offers two primary products: Trace, an automated background verification agent, and Nina, a conversational sourcing agent that identifies and qualifies candidates.
This modular approach separates different stages of the recruitment pipeline. Trace handles automated background verification, while Nina manages candidate interaction and qualification through conversational interfaces. The product structure suggests that TraqCheck is applying AI agents to both communications and process execution tasks within HR operations.
Funding and expansion plans
The $8 million Series A is led by IvyCap Ventures with participation from IIFL. According to Entrackr, the proceeds will be allocated to expand in Europe, strengthen AI agent offerings, and scale go-to-market efforts across enterprise customers.
TraqCheck claims to have nearly 300 enterprise customers across India and Europe using its platform. The company’s existing cross-region customer base could facilitate its planned European expansion.
Company background and prior funding
TraqCheck was founded by Armaan Mehta and Jaibir Nihal Singh. Prior to this Series A round, the company raised funding from angel investors including Peyush Bansal and Alok Oberoi in September of the previous year.
Source: Entrackr : Latest Posts