# TRM Labs Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trm-labs - Industry: Software - Headquarters: San Francisco, US - Website: www.trmlabs.com/ - Total disclosed funding: $220M - Latest round: Series C (Sep 9, 2026) - Investors on record: 27 ## About TRM Labs, Inc. is a US-based provider of blockchain intelligence solutions, specializing in the detection and investigation of crypto-facilitated crime for government agencies and financial institutions. Founded in 2018 by Esteban Castaño and Rahul Raina, TRM Labs, Inc. operates from its headquarters in San Francisco, US. The company has focused its business on enhancing blockchain analytics capabilities..In September 2026, TRM Labs, Inc. raised an undisclosed amount of series C funding led by investor Blockchain Capital. TRM Labs provides a comprehensive blockchain intelligence platform designed to detect and investigate crypto-facilitated crime, offering crucial services for government agencies, financial institutions, and cryptocurrency businesses globally. The core product suite includes advanced forensics tools, tactical transaction monitoring, and wallet screening functionalities, all powered by an extensive database that encompasses over 200 million assets across more than 35 blockchains. These tools support users in identifying and mitigating risks associated with illicit activities, such as sanctions evasion, terrorist financing, and fraud. TRM Labs targets markets in North America, Europe, and Asia-Pacific, serving a diverse customer base that includes law enforcement agencies, national security organizations, regulators, banks, and cryptocurrency firms, thereby enhancing trust and compliance in the digital asset ecosystem.TRM Labs generates revenue through subscription-based models that provide clients access to its suite of blockchain intelligence services. Clients typically engage with the firm through tiered subscription plans that offer varying levels of access to its proprietary analytics tools and databases, tailored to meet the specific needs of each organization. Law enforcement agencies may subscribe to enhanced forensics capabilities to assist in criminal investigations, while financial institutions may utilize transaction monitoring services to ensure compliance with anti-money laundering (AML) regulations. Partnerships with regulatory bodies and financial entities further augment TRM Labs’ revenue model, creating a robust ecosystem for compliance and risk management in the digital currency space. ## Funding rounds - Series C, Sep 9, 2026 — Blockchain Capital - Series C, Feb 4, 2026, $70M — Thoma Bravo, Bessemer Venture Partners, Galaxy Ventures, Brevan Howard, Goldman Sachs Asset Management, Y Combinator, Citi Ventures, Blockchain Capital, Alumni Ventures Group, DRW Venture Capital, CMT Digital - Series B, Nov 9, 2022, $70M — Thoma Bravo, Goldman Sachs Asset Management, American Express Ventures, Citi Ventures, Alumni Ventures Group, PayPal Ventures - Series B, Nov 10, 2021, $60M — Bessemer Venture Partners, Marshall Wace, Tiger Global Management, Block, Inc., Visa Inc., Initialized Capital, American Express Ventures, Citi Ventures, Jump Capital, Blockchain Capital, DRW Venture Capital, B Capital, Castle Island Ventures, PayPal Ventures, Operator Partners, Cap Table Coalition - Series A, Jun 17, 2021, $14M — Bessemer Venture Partners, Y Combinator, Initialized Capital, Jump Capital, Blockchain Capital, Alumni Ventures Group, Salesforce Ventures, SGH Capital, Tapas Capital, The MBA Fund, PayPal Ventures, Operator Partners - Seed, Nov 19, 2019, $4.2M — Y Combinator, Initialized Capital, Blockchain Capital, PayPal Ventures - Seed, Jan 31, 2019, $1.7M — Y Combinator, Blockchain Capital, Alumni Ventures Group, Tapas Capital, The MBA Fund ## Investors - Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series C - Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed, Series A, Series B, Series C - Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed, Series A, Series B, Series C - Tapas Capital (https://capitalatlas.ai/funds/tapas-capital) — Seed, Series A - The MBA Fund (https://capitalatlas.ai/funds/the-mba-fund) — Seed, Series A - Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed, Series A, Series B - PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Seed, Series A, Series B - Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B, Series C - Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series A, Series B - Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A - SGH Capital (https://capitalatlas.ai/funds/sgh-capital) — Series A - Operator Partners — Series A, Series B - Marshall Wace (https://capitalatlas.ai/funds/marshall-wace) — Series B - Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B - Block, Inc. — Series B - Visa Inc. — Series B - American Express Ventures (https://capitalatlas.ai/funds/american-express-ventures) — Series B - Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B, Series C - DRW Venture Capital (https://capitalatlas.ai/funds/drw-venture-capital) — Series B, Series C - B Capital (https://capitalatlas.ai/funds/b-capital) — Series B - Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Series B - Cap Table Coalition (https://capitalatlas.ai/funds/cap-table-coalition) — Series B - Thoma Bravo (https://capitalatlas.ai/funds/thoma-bravo) — Series B, Series C - Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B, Series C - Galaxy Ventures — Series C - Brevan Howard — Series C - CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Series C