TraqCheck Raises 8 Million Dollars Series A To Expand AI Hiring Agents Across Europe

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Funding Announcement

TraqCheck has raised 8 million dollars in a Series A funding round led by IvyCap Ventures with participation from IIFL. The company plans to use the capital to expand its presence in Europe, strengthen its AI agent capabilities, and scale its enterprise go to market strategy.

Why This News Matters

Hiring is becoming increasingly complex for large organizations managing high candidate volumes across regions. AI agents that automate sourcing, screening, and verification could significantly reduce operational friction and improve hiring speed.

TraqCheck is positioning itself within this emerging infrastructure layer for enterprise recruitment automation.

What The Company Does

Founded by Armaan Mehta and Jaibir Nihal Singh, TraqCheck builds AI agents designed to automate hiring workflows.

Its product Trace focuses on automated background verification, while Nina acts as a conversational sourcing agent that identifies and qualifies candidates during early stage hiring interactions.

Enterprise Adoption So Far

The company reports nearly 300 enterprise customers across India and Europe already using its platform. This early adoption suggests growing demand for automation within hiring operations at scale. 

Expansion Plans

With fresh funding in place, TraqCheck plans to strengthen its AI agent stack and accelerate expansion across European enterprise markets while deepening adoption among large organizations.