TransCrypts, with a valuation cap of $8 million, is raising funds on Wefunder. The company has developed a platform that uses blockchain to help human resource departments issue employment and income verification documents. The platform works on a monthly basis and creates blockchain-based employment and income verification forms. Zain Zaidi and Ali Zaheer founded TransCrypts in September 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used to ramp up marketing and sales, get the SOC 2 security certification, and develop new features. TransCrypts is currently beta testing with over 30 companies, including Zoom and Spirit Airlines. It has recorded a 40% month-over-month user growth since the beta launch in January 2021.