# TransCrypts

> TransCrypts is a blockchain-based digital identity and credential verification company that lets people own and instantly share verified employment, income, education, and health records. Founded in 2020 by cousins Zain Zaidi and Ali Zaheer, it replaces the slow, costly background-check pipeline with permission-based, fraud-proof verification - including JustScreen, billed as the world's first free background check service. Backed by Pantera Capital, Mark Cuban, and others, it serves millions of users and hundreds of enterprises, including Fortune 100 and 500 companies.

- **Founded:** 2020
- **Headquarters:** Fremont, California, United States
- **Founders:** Zain Zaidi (CEO & Co-Founder), Ali Zaheer (Co-Founder)
- **Team size:** ~30 employees
- **Products:** JustScreen, Employment & Income Verification, Background Check Solution, Verifier Portal, Consumer Credential Wallet
- **Notable:** Raised $15M seed round led by Pantera Capital (Oct 2025), Launched JustScreen, billed as the world's first free background check service (July 2025), Grew 15-fold in 24 months

## Products & services

- **JustScreen** — Billed as the world's first completely free background check service. Candidates permission-share verified employment, education, and identity data; employers get instant, fraud-proof confirmation without handling original documents. Results in under 60 seconds.
- **Employment & Income Verification** — Real-time, permission-based verification of employment and income, priced under $2 per verification, integrating with 200+ HRIS/ATS systems like ADP, Workday, UKG, and Greenhouse.
- **Background Check Solution** — Instant, blockchain-backed background screening that replaces the traditional weeks-long, document-heavy process.
- **Verifier Portal** — A portal for lenders, landlords, and other verifiers to accept and confirm consumer-shared credentials instantly and compliantly.
- **Consumer Credential Wallet** — Lets individuals store and permission-share verified records (pay stubs, W-2s, transcripts, diplomas, licenses) secured by blockchain and encryption.

## Achievements

- Raised $15M seed round led by Pantera Capital (Oct 2025)
- Launched JustScreen, billed as the world's first free background check service (July 2025)
- Grew 15-fold in 24 months
- Surpassed 4 million users and 450+ enterprise customers
- Achieved HIPAA certification for health-data control
- Doubled Fortune 100 client base in 2025
- CEO Zain Zaidi named a Globe and Mail 2025 Changemaker of the Year

## Latest updates

- **2025-10** — Closed $15M seed round led by Pantera Capital to combat AI fraud and expand its blockchain identity platform.
- **2025-07** — Launched JustScreen, a free background check service delivering results in under 60 seconds.
- **2025** — Achieved HIPAA certification and doubled its Fortune 100 client base.

## Links

- Website: https://transcrypts.com
- LinkedIn: https://www.linkedin.com/company/transcrypts
- Twitter/X: https://twitter.com/transcrypts_
- Facebook: https://facebook.com/transcrypts/

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Profile page: https://yespress.io/transcrypts
Published by YesPress — https://yespress.io
Last updated: 2026-06-27