TransCrypts

About

Consumer Empowered Record Management

Newark,California,United States
1 - 10
https://www.transcrypts.com

Highlights

Details

Last Funding Type: Pre-seed
Last Funding Money Raised: $2.20M
Industries: Blockchain,Document Management,Electronic Health Record (EHR),Human Resources,Software
Founded date: Sep 1, 2020
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: TransCrypt Solutions Inc

TransCrypts is a tool for Human Resource Departments to automate the issuance of employment and income verification documents using the blockchain. Our proprietary process not only saves HRs time, money, and headache in dealing with compliance but also gives employees total control over how their work information is being shared.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$2.22M

TransCrypts has raised a total of $2.22M in funding over 2 rounds. Their latest funding was raised on Oct 20, 2022 from a Pre-seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 20, 2022	Pre-seed	$2.20M	11	Mark Cuban Companies Protocol Labs	—	Detail
Mar 20, 2022	Non-Equity Assistant	$20K	1	Techstars	—	Detail
May 30, 2021	Grant	—	3	San Jose State University	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

15

TransCrypts is funded by 15 investors. Mark Cuban Companies and Protocol Labs are the most recent investors.

Investor Name	Lead Investor	Funding Round
Mark Cuban Companies	Yes	Pre-seed
Protocol Labs	Yes	Pre-seed
Techstars	Yes	Non-Equity Assistant
San Jose State University	Yes	Grant
Alumni Ventures	—	Pre-seed
Asymmetry Ventures	—	Pre-seed
Atland Ventures	—	Pre-seed
DVC	—	Pre-seed
Global Millennial Capital	—	Pre-seed
Techstars Ventures	—	Pre-seed