TurboHire, the enterprise-grade hiring intelligence platform, has raised $6 million in Series A funding from IvyCap Ventures. This significant milestone marks a new phase in TurboHire’s journey—one driven by global ambition, deep product innovation, and ecosystem-wide impact.
The funding will fuel TurboHire’s vision to transform enterprise hiring through its advanced Agentic AI architecture, helping organizations move beyond outdated hiring practices and embrace a smarter, more agile future.
Why This Raise Signals a Shift in Recruitment Tech
TurboHire’s $6M Series A comes at a pivotal moment for the HR technology landscape, where AI is rapidly transforming how enterprises hire.
1. AI adoption is accelerating across recruiting
Organizations are embracing AI to address inefficiencies and talent bottlenecks in hiring. 51% of enterprises now use AI for recruitment, with overall HR AI adoption rising from 26% to 43% in just one year. This surge is driven by tangible business impact—AI tools can cut hiring costs by up to 30%, and 89% of HR professionals report significant time savings and efficiency gains.With 92% of companies planning to increase AI investments in the next three years, platforms like TurboHire—purpose‑built for enterprise hiring—are perfectly positioned to ride this wave of adoption. Rather than experimenting with point solutions, enterprises are increasingly seeking comprehensive AI‑driven platforms that deliver measurable improvements across the hiring lifecycle.
2. Enterprise‑ready integration is the new differentiator
The global HR tech market is projected to double from $40.45B in 2024 to $81.84B by 2032, but growth will favor platforms that seamlessly fit into existing enterprise ecosystems. TurboHire’s integration‑first approach with existing HRMS/HCM systems addresses a critical enterprise need: adopting AI without disruptive system overhauls.This strategy has already earned the trust of large enterprises where complex environments demand proven interoperability. Adoption data underscores this trend—public companies lead AI deployment at 58%, well above the overall 43% average, reflecting the strategic shift from experimental pilots to enterprise‑scale implementations.With its Agentic AI, deep HRMS integrations, and a proven enterprise footprint, TurboHire isn’t just following the HR tech trend—it’s shaping how intelligent hiring ecosystems will define the future of work.
Trusted by Leading Enterprises Across Industries
TurboHire’s platform is already transforming hiring for 100+ global organizations, including:
Cipla, Tata Motors, PwC, Lenskart, Britannia, JSW Group, RPG Group, and Ola.
With seamless integrations into tier-1 HRMS systems like SAP SuccessFactors, Oracle HCM, and Workday, TurboHire enables end-to-end automation even in the most complex enterprise environments.
Key business impact:
- 65% faster time-to-hire
- Over 50% reduction in interview load
- Consistent candidate experiences at scale
- 3x increase in recruiter productivity
A Note from the CEO: Solving Hiring, Intelligently
“Enterprises are under intense pressure to transform, but traditional hiring systems are rigid, slow, and drain executive time. TurboHire brings together AI-powered automation, workflows, and data on one single enterprise-grade platform—with exceptional configurability and integrability. It’s a game changer for companies serious about AI-led hiring transformation. With IvyCap’s support, we’re poised to scale this globally.”
— Deepak Agrawal, CEO & Co-founder, TurboHire
What’s Next: TurboHire’s 3-Pillar Strategy for Growth
With the infusion of Series A capital, TurboHire is entering a new chapter—one driven by bold ambition and precise execution. Over the next 18 to 24 months, the company’s focus will revolve around three strategic pillars designed to scale impact globally, deepen technological leadership in AI-driven hiring, and strengthen its role as a critical player in the HR tech ecosystem.
These pillars reflect TurboHire’s belief that solving hiring at scale requires more than a software solution—it demands a platform that’s globally agile, product-first, and ecosystem-oriented.
1.Global Expansion: Going Deeper and Wider
TurboHire has already proven its impact in India and across several global enterprise accounts. With this funding, the company is now accelerating its international go-to-market (GTM) strategy to expand its footprint in North America, the Middle East, Southeast Asia, and Europe.
Key initiatives include:
- Establishing regional teams with local sales, success, and support capabilities
- Customizing GTM playbooks to suit cultural and regulatory hiring norms
- Forging alliances with regional HR consultancies, implementation partners, and enterprise tech platforms
- Expanding multilingual capabilities and compliance to meet global enterprise standards
TurboHire’s goal is to become the default AI hiring platform of choice for global enterprises seeking to modernize and future-proof their hiring operations.
2. Product Innovation: Building the Future of Hiring
At TurboHire, innovation is not a department—it’s a core value. The product team is focused on reimagining how hiring should function in an AI-first world. With Agentic AI at its core, TurboHire isn’t just automating tasks—it’s building intelligent agents that collaborate with recruiters, hiring managers, and candidates in real time.
Key areas of investment and innovation include:
- Agentic AI Evolution: Smarter, context-aware AI agents capable of autonomous execution of hiring tasks such as screening, scheduling, and candidate communication
- No-code Customization: Enhanced workflow configurability so enterprises can adapt TurboHire to their unique hiring processes—without technical dependency
- Data-Powered Hiring Intelligence: Advanced analytics, decision support, and actionable insights to reduce bias, improve quality-of-hire, and drive performance
- New Hiring Modules: Solutions tailored for high-volume hiring, employee referral programs, and leadership/CXO recruitment to support varied enterprise hiring scenarios
- Global Tech Infrastructure: Robust architecture that supports localization, scalability, data residency, and security across regions
This pillar ensures that TurboHire continues to push the boundaries of what an ATS and hiring platform can do—offering capabilities that are both cutting-edge and enterprise-ready.
3. Ecosystem Partnerships: Collaborating to Create Value at Scale
TurboHire believes that real transformation requires a connected ecosystem. Software alone is not enough—it must be integrated into the larger digital transformation narrative of every enterprise.
TurboHire already integrates deeply with tier-1 HRMS platforms such as SAP SuccessFactors, Oracle HCM, Workday, and Darwinbox. The next step is to amplify reach and implementation success through robust partnerships with:
- Global consulting firms leading digital and talent transformation projects
- System integrators and implementation partners ensuring seamless onboarding and rollout
- Niche HR tech providers offering complementary tools in assessments, onboarding, and learning
- Industry associations and think tanks advocating for future-of-work solutions
These partnerships enable TurboHire to deliver more than just technology—they deliver outcomes, backed by the expertise and scale that large enterprises require.
Investor Perspective: Confidence in AI-Led Talent Acquisition
“TurboHire is not just solving a business problem—it’s redefining how enterprises approach talent acquisition in an AI-first world. Their ability to serve large, complex organizations with a configurable, outcome-oriented platform is impressive. With a strong product-market fit, growing global demand, and a future-ready tech stack, we believe TurboHire is well-positioned to lead the next wave of intelligent hiring transformation.”
— Vikram Gupta, Founder & Managing Partner, IvyCap Ventures
The Road Ahead
This raise is more than just capital—it’s a reaffirmation of TurboHire’s mission to make hiring faster, fairer, and more strategic. The company remains committed to helping enterprises treat hiring not just as a cost center, but as a revenue-enabling, agility-driving function.
To all our customers, partners, and supporters—thank you for being part of this journey. The next chapter is just getting started.
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