TraqCheck, a leading enterprise software company specializing in AI-driven background check solutions, has successfully completed its Pre-Series A funding round, boosting its valuation to over $14 million.
Notable investors in the round include Alok Oberoi, former head of Goldman Sachs’ international wealth management division, Aakash Anand, founder of Bellavita, and Caret Capital, a venture firm focused on growth sectors such as mobility, distribution, and employment.
Founded in 2020 by Jaibir Nihal Singh, Armaan Mehta, and Rishabh Jain, TraqCheck has quickly emerged as a key partner for over 200 corporations. The company’s clientele includes major names such as Bajaj Capital, Reliance Retail, Cholamandalam Finance, Yatra, and Grant Thornton.
TraqCheck’s AI-powered platform is designed to help businesses streamline their hiring processes by providing fast, accurate, and reliable background checks. The company continues to position itself as a leader in the HR technology space, leveraging artificial intelligence to drive efficiency and compliance in recruitment.
“We are thrilled to have secured the backing of such esteemed investors,” said Jaibir Nihal Singh, Co-founder and CEO of TraqCheck. “Their support underscores the growing demand for innovative background check solutions in today’s competitive employment landscape.”
The fresh funding is expected to support the company’s continued product development and expansion into new markets, as it strengthens its position in the growing HR tech industry.
