US EditionTRM Labs Hits Unicorn Status in $70 Million Raise as Crypto Crime-Fighting Needs Grow
TRM Labs, valued at $1 billion, will use $70 million to enhance AI-driven blockchain intelligence for law enforcement and financial firms amid rising crypto crime.
- On Feb. 04, 2026, TRM Labs announced a recently-closed $70 million Series C that values the company at $1 billion.
- Led by Blockchain Capital, the Series C drew participation from Goldman Sachs, Bessemer, Brevan Howard, Thoma Bravo and Citi Ventures as investors cited around 50% revenue growth and a 500% rise in AI-enabled scams.
- Serving more than 50 countries, TRM's customer base includes law enforcement agencies and private firms like Coinbase, Visa, and PayPal, supported by 350 employees.
- The company said the Series C proceeds will accelerate investment across three core areas: talent, AI compliance tools, and AI-powered investigative capabilities to fight ransomware groups, terrorist financing networks, transnational criminal organizations, and scam operators.
- TRM's government ties have sparked accusations of hypocrisy despite freezing more than $300 million in tainted assets via the T3 Financial Crime Unit task force with Tether and Tron.
19 Articles
19 Articles
Globe Newswire
TRM Labs Announces $70M Series C to Scale AI Solutions to Disrupt Criminal Networks and Counter National Security Threats
TRM Labs raises $70M Series C at a $1B valuation to scale AI solutions for organizations combatting modern crime and national security threats ...
TRM Labs hits unicorn status in $70 million raise as crypto crime-fighting needs grow
The company's software specializes in tracing cryptocurrency transactions across multiple blockchains, catering to increasing demand from law enforcement and financial firms amid rising crypto crime.
Crypto crime-fighting startup TRM Labs notches $1 billion valuation with new $70 million funding round
When TRM Labs cofounders Esteban Castaño and Rahul Raina moved to San Francisco in 2018 to create a startup, their mentors told them that great companies are built when you believe something about the world that others don’t. Along with a passion for technology and national security, the pair shared a conviction that billions of people would use digital assets to move money around the world. “Then we asked ourselves, ‘What’s the second order co…
TRM Labs bags $70m to expand AI-driven blockchain intelligence
TRM Labs, a company building AI solutions to disrupt criminal networks and counter national security threats, has secured fresh growth capital of $70m. The company has closed a $70m Series C funding round, valuing the business at $1bn. The round was led by Blockchain Capital, which previously backed the company at pre-seed stage in 2018, alongside returning investors CMT Digital, Goldman Sachs, Bessemer Venture Partners, DRW Venture Capital, Y C…
TRM Labs Earns Unicorn Badge With US$70 Million Series C Funding
TRM Labs raised US$70 million in Series C funding, valuing the company at US$1 billion as demand grows for blockchain analytics used in financial crime detection. The round was led by Blockchain Capital, with participation from returning investors including Goldman Sachs, Bessemer Venture Partners, Citi Ventures, DRW Venture Capital, Y Combinator, Thoma Bravo, Alumni Ventures, Brevan Howard Digital, and CMT Digital. Galaxy Ventures joined as a n…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
