TheRollNumber, a platform for BlockChain-based document verification, has raised USD 165K in seed round led by Inflection Point Ventures.
The money raised will also be utilised to grow the staff and operations as well as to strengthen the technological stack, enhance the platform, and make better use of data stacks, as per reported by BW Disrupt.
Vikram Ramasubramanian, Partner, Inflection Point Ventures says, “Blockchain technology has disrupted many niche sectors. TheRollNumber is cutting down the hassle of verifying the certificate/documents manually. We witness Lakhs of admission to institutions, especially in peak season and employment is an ongoing process and post-pandemic where scanned documents are shared with employers, one can leverage the TheRollNumber platform and verify the credibility in less time without spending much. Centralization of sensitive information led us to invest in TheRollNumber. Time-saving and cost effective approach of TheRollNumber has determined us to back their vision.”
TheRollNumber is a background verification system built on the blockchain that may be used by businesses, educational institutions, and individuals.
Sai Raghavendra Sharma, Founder, TheRollNumber says, “TheRollNumber aims to provide a credential management system to individuals which is need of the hour, TheRollNumber is building a system which not only enables digitization and verification in less than 15 minutes but also let users or Individuals know “ Who, why when and how are the credentials being utilized” which helps the problem of identity and credential theft.”
TheRollNumber is a Blockchain-based background verification solution that protects organisations, educational institutions, and individuals from phoney and fraudulent certificates while also easing the burden on HR and the onboarding team.