TraqCheck raises bridge funding round to scale AI-Powered HR solutions

AI enterprise startup TraqCheck has raised an undisclosed amount in a bridge funding round at a $17 million valuation.

The funding round was led by angel investors Siddharth Mehta (Founder, Bay Capital) and Alok Oberoi (Chairman, Everstone Capital) with participation from Sivaramakrishnan S. Iyer (Advisor, Bay Capital).

The funds will be used to expand its background verification services in India and Europe, launch new AI-powered HR tools, and grow teams in product, engineering, and growth.

Read also- Ziffi Chess raises over $5 Mn in Series A round led by Tanglin Venture Partners

About TraqCheck 

Founded by Jaibir Nihal Singh, Armaan Mehta, and Rishabh Jain, TraqCheck creates AI agents for enterprises, beginning with background verification. Using deterministic LLM frameworks, its platform automates screening, speeds up processes, and boosts HR compliance and efficiency. 

The company operates across India and Europe, serving over 200 clients in BFSI, staffing, healthcare, and the gig economy.

TraqCheck’s last funding round in 2023 valued the company at $14 million. Since then, it has expanded quickly, serving over 200 enterprise clients in BFSI, staffing, healthcare and the gig economy, and aims to triple its revenue in 2025 amid growing demand for automated HR solutions.

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