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TRANSCRYPTS

Operating

TransCrypt Solutions Inc.

Software & AI · Newark, DE · Founded 2020

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Redesigning Digital Documents Through the Blockchain

Post-money valuation ⓘ
$10.3M
As of Jan 2022 · from Reg CF Offering (2021-10-30) · pre-money + amount raised, not a traded price
Total raised
$19,241,272
Crowd $388K · Private $18.9M · 3 rounds since 2021
Latest share price
$1.23
Reg CF · Common Stock · Oct 2021 offering price

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$0
2019
$0
−$252
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
$0
-$252
Taxes paid
$0
$0
Balance sheet
Cash
$0
$0
Accounts receivable
$0
$0
Total assets
$0
$1,154
Short-term debt
$0
$1,398
Long-term debt
$0
$0
Total liabilities
$0
$1,398
Other
Headcount
—
9

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$6.0M
Valuation cap
$10.0M
pre-money
Reg CF · SAFE · Jul 2021
Reg CF · Common · Oct 2021

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Fundraising history

Rule 506(b) · Equity · May 2025Closed
Raised $18.9MInvestors 36
Reg CF · Common Stock · Oct 2021Closedvia StartEngine
Raised $285.9K / $966.7KInvestors 207Post-money $10.3M
Reg CF · SAFE · Jul 2021Closedvia WeFunder
Raised $101.7K / $1.1MInvestors 163Valuation cap $6M

Team

4 people
Ali ZaheerFounder
Founder & Chief Technology Officer

Ali has been a blockchain developer for the past 10 years. Through his company MAH Consultancy, Ali has worked on hundreds of blockchain projects including Ethereum & Hyperledger. Following MAH acquistion by Teller in 2017, Ali went onto lay the foundation of what became TransCrypts

Zain ZaidiFounder
Founder & Chief Executive Officer

Zain has been featured as an Under 25 entrepreneur by the Silicon Valley Business Journal. He has featured on publications such as MarketWatch, and local affiliate channels of Fox News, and CNBC.Zain holds a degree in electrical engineering from San Jose State University and created TransCrypts in his final year of college to bring the archaic process of information verification into the 21st century.

Ahmed Banafa
Blockchain Strategic Advisor

As a professor at Stanford University, Ahmed is one of the pioneers of blockchain technology. He is an award winning researcher with over 100 publications, who has also been a featured tech speaker on ABC, NBC, CBS, CNN, FOX,& the BBC.

Najaf Hashim
Board Member

Najaf currently serves as the secretary of the board of directors at TransCrypts

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

207 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form DMay 16, 20250001870763-25-000003
    EDGAR
  • Form C-UOct 4, 20220001665160-22-002589
    EDGAR
  • Form C-UJan 28, 20220001665160-22-000174
    EDGAR
  • Form C/ADec 15, 20210001665160-21-002190
    EDGAR
  • Form C-UOct 29, 20210001665160-21-001928
    EDGAR
  • Form COct 29, 20210001665160-21-001937
    EDGAR
  • Form CJul 28, 20210001670254-21-000878
    EDGAR
Source: ManualCIK 0001870763DEShare price $1.23

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.