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TRM Labs

TRM Labs

Private
San Francisco, CaliforniaCrypto & Web3https://www.trmlabs.com/

Last Round

Series C

Feb 4, 2026

Est. Valuation

$1B

Total Funding Raised

$221.6M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

TRM Labs is a blockchain intelligence company that provides a regulatory technology platform for financial institutions, crypto businesses, and government agencies to detect and investigate crypto-related financial crime and fraud.

Sector

Crypto & Web3

Verticals

Compliance & Risk, Blockchain Infrastructure, RegTech, Threat Intelligence

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

blockchain intelligencecrypto compliancetransaction monitoringchainalysis alternativecrypto forensicswallet screeningAML softwareblockchain tracingRegTechknow your customerKYCanti-money launderingon-chain analysiscrypto risk managementAI agentcrypto fraud detectionblockchain analyticsfiat compliance

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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TRM Labs Comparables

Compare TRM Labs with similar companies based on industry and business-model similarity.

TRM Labs comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Elliptic
93%
Chainalysis
88%
Merkle Science
84%

TRM Labs Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CFeb 4, 2026
Series B ExtensionNov 8, 2022
StrategicFeb 24, 2022
Series BDec 7, 2021
Series AJun 17, 2021
Seed
Nov 18, 2019

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
BID

Key People

Founding team and executive leadership

Esteban Castaño

Co-founder CEO

Founding Team

TRM Labs Investors

Notable investors and investment history

TRM Labs investors
InvestorRounds
Human CapitalSeries B
Geodesic CapitalSeries B Extension
PayPal VenturesSeries B, Series A, Series B Extension, Seed
BH DigitalSeries C
Blockchain CapitalSeed, Series B, Series A, Series C
Citi VenturesSeries C, Series B, Series B Extension
Castle Island VenturesSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 22, 2026

    Leveraging AI tools from Midjourney, Adobe Firefly, and Runway.

  • Apr 22, 2026

    U.S. Department of State, NCFI, and NYPD are new customers.

TRM Labs Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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TRM Labs Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about TRM Labs's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range313
Year Founded2018
Last FundingFeb 4, 2026

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