TransCrypts

Newark, United States Founded: 2020 • Age: 6 yrs
Documents and files are managed securely through a cloud-based platform.
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About TransCrypts

TransCrypts is a company based in Newark (United States) founded in 2020.. TransCrypts has raised $21.25 million across 3 funding rounds from investors including Protocol Labs, Techstars and Mark Cuban. TransCrypts offers products and services including Income Verification Technology and Castello AI. TransCrypts operates in a competitive market with competitors including Box, Informatica, PandaDoc, Conga and Seclore, among others.

  • Headquarter Newark, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Transcrypt Solutions
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
    $-252
    0
    as on Dec 31, 2021
  • EBITDA
  • Total Equity Funding
    $21.25 M (USD)

    in 3 rounds

  • Latest Funding Round
    $18.85 M (USD), Series A

    May 02, 2025

  • Investors
    Protocol Labs

    & 10 more

  • Employee Count
    Employee Count
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Products & Services of TransCrypts

TransCrypts offers a comprehensive portfolio of products and services, including Income Verification Technology and Castello AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Secure system for income and employment data verification using blockchain.

AI tool for enhancing verification processes and efficiency in data handling.

People of TransCrypts
Headcount 1-10
Employee Profiles 3
Board Members and Advisors 2
Employee Profiles
People
Ahmed Banafa
Blockchain Specialist
People
Ali Zaheer
Founder & CTO
People
Zain Zaidi
Founder & Chief Executive Officer

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Board Members and Advisors
people
Young Han
Strategic Advisor
people
Isaac Kato
Strategic Advisor

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Funding Insights of TransCrypts

TransCrypts has successfully raised a total of $21.25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $18.85 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $18.9M
  • First Round
  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2025 Amount Series A - TransCrypts Valuation

investors

Jan, 2023 Amount Seed - TransCrypts Valuation Mark Cuban , Protocol Labs
Mar, 2022 Amount Seed - TransCrypts Valuation Techstars
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TransCrypts

TransCrypts has secured backing from 11 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Protocol Labs, Techstars and Mark Cuban. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Venture capital investing and portfolio management services for accredited investors.
Founded Year Domain Location
Venture capital fund focused on tech startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TransCrypts

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TransCrypts

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Transcrypts Comparisons

Employees
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Competitors of TransCrypts

TransCrypts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, Informatica, PandaDoc, Conga and Seclore, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based platform for secure collaboration and content management is utilized.
domain founded_year HQ Location
Cloud based enterprise data preparation and management platform
domain founded_year HQ Location
Document workflows are automated and managed for sales teams.
domain founded_year HQ Location
Contract lifecycle management is facilitated via a cloud-based platform.
domain founded_year HQ Location
Enterprise data security software is provided for digital asset protection.
domain founded_year HQ Location
Documents are managed and automated for enterprise knowledge work.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Transcrypts

Frequently Asked Questions about TransCrypts

When was TransCrypts founded?

TransCrypts was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is TransCrypts located?

TransCrypts is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.

Is TransCrypts a funded company?

TransCrypts is a funded company, having raised a total of $21.25M across 3 funding rounds to date.

What does TransCrypts do?

TransCrypts was founded in 2020 and is headquartered in Newark, United States. Operations focus on the document management sector, where a cloud-based platform is utilized for sending, receiving, verifying, and organizing files such as PDFs, photos, and videos. Tools for employment and income verifications are included, alongside features like end-to-end encryption and decentralized blockchain technology.

Who are the top competitors of TransCrypts?

TransCrypts's top competitors include Box, Seclore and Intralinks.

What products or services does TransCrypts offer?

TransCrypts offers Income Verification Technology and Castello AI.

Who are TransCrypts's investors?

TransCrypts has 11 investors. Key investors include Protocol Labs, Techstars, Mark Cuban, Alumni Ventures, and The Fund.

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