TraqCheck, a HR technology startup, has raised £6 million in a Series A round led by IvyCap Ventures, with participation from IIFL. Developing software for employment screening and talent sourcing, funds will be used to grow its UK headcount to 25 and expand its Human Operating System, which uses AI agents for hiring and background-checking tasks.
It sells software for employment screening and talent sourcing, with its background screening product Trace used by nearly 300 enterprise customers worldwide, including Randstad Enterprise, Wipro and The Digital College. TraqCheck says background checks and candidate screening are often slowed by fragmented tools and administrative work, particularly in larger organisations, and its products are designed to handle work that would otherwise be spread across multiple systems and manual processes.
The business is expanding further into recruitment with Nina, a conversational talent sourcing agent that contacts candidates, screens applicants and passes vetted prospects to hiring managers. Nina is designed to start conversations with candidates in real time, qualify them and route suitable applicants to hiring managers, with the aim of reducing the time recruiters spend navigating sourcing tools instead of speaking to candidates.
TraqCheck’s founders said recruitment software is shifting away from search interfaces and fragmented tools towards systems that execute workflows based on user input. Investors in the round said they are backing software that can handle complete recruitment workflows, combining sourcing, screening and verification within a single system.
Before the Series A round, TraqCheck had secured backing from angel investors including Peyush Bansal and Alok Oberoi. IvyCap Ventures manages more than $650 million in assets and has invested in more than 60 companies across sectors including software, financial technology, healthcare technology and education technology.
Recruiting has been stuck in search interfaces and fragmented tools for two decades. Agents change the interface entirely. Instead of navigating software, you simply tell an AI what role you want to hire for and the system executes the entire workflow. We are building systems that collaborate and make decisions, not just tools that display information. Our Series A comes at the perfect time, as HR departments are moving beyond isolated pilots to truly embedded autonomous agents. We believe that HR will be one of the earliest operational categories to see full automation.
Recruiters spend an enormous amount of time navigating sourcing tools instead of actually speaking to candidates. Nina flips that model completely. You simply describe the role you want to hire for, and the agent handles sourcing, outreach and qualification autonomously.
TraqCheck is building a compelling AI-native HR 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.
At IIFL Fintech Fund, we back companies building deep, defensible infrastructure at the intersection of AI and enterprise workflows. TraqCheck is exactly that - a vertically integrated AI-native platform that is not layering intelligence onto legacy HR software, but replacing it altogether. 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.
