TraqCheck raises £5.9m to automate sourcing, screening and background checks with AI
This article covers TraqCheck, a London HRtech startup, raising £5.9m in a Series A funding round to expand its AI-driven recruitment automation platform and grow its UK headcount. The funding will be used to scale TraqCheck's AI agents that orchestrate sourcing, screening and background checks, supporting employers and HR teams managing high-volume hiring and compliance across the UK.
TraqCheck, a London HRtech startup, has raised £5.9 million in a series A funding round to expand its AI-driven recruitment automation platform and grow its UK headcount. The funding will be used to scale TraqCheck’s AI agents that orchestrate sourcing, screening and background checks, moving the company from a prototype to broader commercial deployment.
Why it matters
Recruitment workflows remain fragmented across applicant tracking systems, sourcing tools and background-check services. TraqCheck is pitching a single, agent-driven layer that autonomously runs those workflows end to end. If it works at scale, employers could see fewer manual errors, faster candidate throughput and lower operational overhead for hiring teams — outcomes that matter to companies managing high-volume hiring and strict compliance requirements.
Inside the product
TraqCheck’s platform deploys AI agents that take a job brief from a recruiter and execute the associated tasks: sourcing candidates, screening resumes and coordinating background checks across multiple providers. The system aims to replace manual orchestration — copying data between tools and chasing status updates — with an automated workflow that makes decisions and communicates outcomes.
The product focuses on two practical areas: talent sourcing and employee background checking. The latter involves handling sensitive personal data, so integration with identity and compliance providers is a core capability for customers that need traceable, auditable checks.
Who are the investors?
The round was led by IvyCap Ventures, with participation from IIFL. Prior to this Series A, TraqCheck attracted angel backing from Peyush Bansal, founder of Lenskart, and Alok Overoi, chairman at Everstone Capital. Bansal’s involvement brings operator experience from a high-growth consumer business, while Overoi’s background links the company to experienced private markets investors.
The funding of £5.9 million will be used to grow the UK team to about 25 employees and to accelerate product-market fit in hiring and compliance workflows. Investors backing TraqCheck are effectively betting on automating the coordination layer of hiring rather than incremental feature improvements in applicant tracking systems.
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Founder perspective
Jaibir Nihal Singh, founder and co-CEO at TraqCheck, said:
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.
The bigger picture
This deal highlights continued momentum among HRtech startups using AI to automate operational parts of hiring. The move from toolkits to autonomous agents is part of a broader shift in enterprise software, but it raises practical questions about data protection, auditability and vendor interoperability that companies and regulators will want to see addressed.
TraqCheck’s Series A — and the mix of strategic angels and institutional backers — also reflects growing cross-border interest in UK talent-tech firms. As the company scales, its progress will be one to watch for employers and HR teams across the UK and Europe exploring how AI can reshape the mechanics of hiring.
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