# TurboHire Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/turbohire-technologies-pvt

- Industry: Software
- Headquarters: Hyderabad, India
- Website: www.turbohire.co
- Total disclosed funding: $7M
- Latest round: Series A (Aug 5, 2025)
- Investors on record: 3

## About

TurboHire Technologies Pvt. Ltd. is a recruitment technology firm delivering advanced hiring solutions and Applicant Tracking Systems (ATS) enhanced by AI, supporting organizations in streamlining their recruitment processes efficiently.Founded in 2018, TurboHire Technologies Pvt. Ltd. is headquartered in Hyderabad, India, and focuses on providing an innovative recruitment platform. The company was established by Deepak Agrawal, Gaurav Kumar, and Rakesh Nayak, with Deepak Agrawal serving as the CEO. In August 2025, TurboHire Technologies Pvt. Ltd. raised USD 6 million in series A funding led by new investor IvyCap Ventures Group. TurboHire offers an advanced end-to-end hiring solution and Applicant Tracking System (ATS) powered by Native AI, Agentic AI, and Gen AI technologies. The platform enhances recruitment processes, including sales referral hiring, lateral hiring during hyper-growth phases, campus hiring, and leadership hiring by automating candidate sourcing, screening, scheduling, and engagement. The company serves diverse industries such as Automotive, BFSI, Hospitality, Healthcare, IT & ITES, Logistics, Manufacturing, Pharma, Realty, and Software-SaaS, emphasizing compliance with global standards. TurboHire's solutions ensure a mobile-first experience for recruiters, candidates, interviewers, and organizational leaders, deployed in over 15 countries to optimize hiring for high-volume and specialized roles.In the fiscal year 2023, TurboHire generated a revenue of USD 554,932, while reporting an EBITDA of USD -845,410.2. The company's revenue model primarily revolves around subscription-based plans tailored for enterprises, allowing clients to access tools for recruitment automation, candidate experience enhancement, and data-driven decision-making. The company will use the August 2025 funding to support its global expansion.

## Funding rounds

- Series A, Aug 5, 2025, $6M — IvyCap Ventures Group
- Seed, Nov 5, 2020, $1M — Pentathlon Ventures, KiaOra Ventures

## Investors

- Pentathlon Ventures (https://capitalatlas.ai/funds/pentathlon-ventures) — Seed
- KiaOra Ventures (https://capitalatlas.ai/funds/kiaora-ventures) — Seed
- IvyCap Ventures Group (https://capitalatlas.ai/funds/ivycap-ventures-group) — Series A