Tech Company Financing Transactions
TransCrypts Funding Round
TransCrypts, based in Newark, raised $2.4 million from private investors, Protocol Lab and Alumni Ventures.
Transaction Overview
Company Name
Announced On
1/23/2023
Transaction Type
Venture Equity
Amount
$2,400,000
Round
Seed
Investors
private investors (Lead Investor) (Mark Cuban)
Protocol Lab (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
38184 Guava Dr
Newark, CA 94560
USA
Newark, CA 94560
USA
Phone
Undisclosed
Website
Email Address
Overview
We started in September 2020 with a simple question. Why can't consumers own their important documentation digitally and in a way that it can be easily verified? We set out to accomplish this so that we could create a world where instead of having all these documents in a box somewhere in your house consumers could have digitally verifiable copies of their most important information. Our goal and our mission is true consumer ownership of digital records. That means we never sell data on our platform. In fact, we took that a step further and have adopted a double-blind encryption policy so consumer data is private even from us
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zain Zaidi
Chief Technical Officer
Ali Zaheer
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Our team works diligently to report on every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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