About
TRM Labs provides blockchain intelligence for crypto compliance and investigations. Tracks 200M+ assets across 100 blockchains with 2.4B+ labeled addresses. Raised $150M from Thoma Bravo, Goldman Sachs, JPMorgan, Visa, Citi, PayPal, and Tiger Global. Revenue hit $11.3M in 2024. Customers include government agencies (HMRC, FCA, IRS), exchanges, and financial institutions. Competes with Chainalysis for enterprise blockchain analytics.
Key Facts
- [1]Founded: Founded in 2018 in San Francisco, United States.
- [2]Funding: Total funding: $220M. Last round: Feb 2026. Stage: Late Stage.
- [3]Customers: Key customers include HMRC, FCA, IRS, Goldman Sachs, JPMorgan, Visa, Citi, PayPal.
- [4]Employees: Employee count: 51-200.
- [5]Revenue: Annual revenue/ARR: approximately $11M.
- [6]Website: Official website: trmlabs.com.
- [7]AI Technology: Core AI/ML technologies: Graph Analytics.
- [8]Region: Region: Americas (United States).
Founders
Esteban Castaño
Co-founder & CEO
Rahul Raina
Co-founder
Key Customers & Partners
AI Technology
Graph Analytics
Graph neural networks for network analysis and relationship detection
Classification
Market Segments
Tech Stack Layers
Details
Related Companies
View all in Risk & Compliance
Feedzai
AI-native fraud and financial crime prevention platform for major banks
Sardine
AI risk platform for fraud, credit, and compliance
Hawk AI
AI-powered AML and fraud detection for banks and fintechs
Resistant AI
AI models for document fraud and financial crime prevention
Flagright
AI-native transaction monitoring and AML compliance
Tookitaki
AI with community-driven intelligence for AML and fraud
Other Late Stage Companies
View all
Frequently Asked Questions
What is TRM Labs?
TRM Labs provides blockchain intelligence for crypto compliance and investigations. Tracks 200M+ assets across 100 blockchains with 2.4B+ labeled addresses. Raised $150M from Thoma Bravo, Goldman Sachs, JPMorgan, Visa, Citi, PayPal, and Tiger Global. Revenue hit $11.3M in 2024. Customers include government agencies (HMRC, FCA, IRS), exchanges, and financial institutions. Competes with Chainalysis for enterprise blockchain analytics. TRM Labs is classified in the Risk & Compliance segment at the Models layer of the financial AI stack.
Who founded TRM Labs?
TRM Labs was founded by Esteban Castaño (Co-founder & CEO) and Rahul Raina (Co-founder) in 2018 in San Francisco, United States.
How much funding has TRM Labs raised?
TRM Labs has raised $220M in total funding, placing the company at the Late Stage stage. The most recent round closed in Feb 2026. TRM Labs generates approximately $11M in annual revenue. Among 74 funded Risk & Compliance companies, TRM Labs ranks #20 by total capital raised. (Source: AIFI Map directory.)
What AI technology does TRM Labs use?
TRM Labs primarily leverages Graph Analytics technology. Graph neural networks for network analysis and relationship detection. Within the Risk & Compliance segment, 2 companies use this technology.
What market segment does TRM Labs operate in?
TRM Labs operates in the Risk & Compliance and Crypto & Web3 market segments. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually. The company also has a footprint in crypto & web3, reflecting its cross-functional approach to financial AI.
Where is TRM Labs headquartered?
TRM Labs is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 51-200 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are TRM Labs's competitors?
Companies similar to TRM Labs in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does TRM Labs offer?
TRM Labs builds models-layer solutions for the financial services industry. The company's core offering: Blockchain analytics for crypto fraud/AML. The platform is powered by Graph Analytics technology. Notable users include HMRC, FCA, IRS, Goldman Sachs.