Startup · United States
TRM Labs
HQ San Francisco, CaliforniaFounded 2018201-500 employeesUpdated
Trusted by public sector agencies and private sector institutions on the front lines of illicit activity, including criminal networks, sanctioned actors and state-backed threats.
Federal Obligations by Year (All USAspending, as Reported at the Time)
| Fiscal year | Direct: contracts |
|---|---|
| FY2026 (partial) | $97.6M |
| FY2025 | $5.8M |
| FY2024 | $2.2M |
| FY2023 | $1.7M |
| FY2022 | $2.2M |
Direct is the company's own reviewed UEIs. Reported by USAspending is subsidiaries as reported by USAspending: recipients that name this company as their parent, not yet reviewed ownership.
Directly matched recipients (up to 12)
UEIs matched to this organization, largest obligations first. Subsidiary recipients are not included in this list; their attributed obligations can appear in the company totals above.
- TRM LABS, INC. · EW97MHKPD1P8 · $109M
Each action is credited by the ownership basis shown in its column. Reported-parent rows count for TRM Labs only for the period a subsidiary reported TRM Labs as its parent; reviewed links follow their reviewed dates. Net of de-obligations; these are obligations, not ceilings. They come from the whole USAspending baseline (every recipient size, contracts and assistance) and are a separate view from the curated contract totals on this page. FY2026 and later are partial, as on Markets.
Funding8 rounds · $220M
- Equity raised
- $220M
- Latest
- UndisclosedSeries C · Sep 9, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Series C | Undisclosed | — | — | — | Reported |
| Feb 4, 2026 | Series C | $70.0M | — | — | — | Reported |
| Nov 9, 2022 | Series B | $70.0M | — | — | — | Reported |
| Feb 28, 2022 | Undisclosed | Undisclosed | — | JPMorganChase | — | Reported |
| Dec 7, 2021 | Series B | $60.0M | — | Tiger Global Management | — | Reported |
| Jun 17, 2021 | Series A | $14.0M | — | Bessemer Venture Partners | — | Reported |
| Nov 19, 2019 | Seed | $4.2M | — | — | — | Reported |
| Jan 31, 2019 | Seed | $1.7M | — | — | — | Reported |
- Series CUndisclosedSep 9, 2026
- Series C$70.0MFeb 4, 2026
- Series B$70.0MNov 9, 2022
- UndisclosedLed by JPMorganChaseUndisclosedFeb 28, 2022
- Series BLed by Tiger Global Management$60.0MDec 7, 2021
- Series ALed by Bessemer Venture Partners$14.0MJun 17, 2021
- Seed$4.2MNov 19, 2019
- Seed$1.7MJan 31, 2019
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems10
- Beacon NetworkInformation-sharing network for law-enforcement organizations, crypto exchanges and other participating services.
- TRM BLOCKINT APIAPI for accessing TRM blockchain intelligence from external applications.
- TRM Compliance APIAPI for integrating blockchain-intelligence data, including address and entity risk information, into other applications.
- TRM DetectBlockchain-intelligence software for monitoring addresses and sending alerts when configured triggers are met.
- TRM Entity Due DiligenceDue-diligence software for researching digital-asset entities.
- TRM ForensicsBlockchain-investigation software for tracing cryptocurrency activity across supported chains and digital assets.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Information management and cybersecurity | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Blockchain analytics product 'trusted by public sector agencies' against criminal networks and state-backed threats, a stated government-security use. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Blockchain analytics product 'trusted by public sector agencies' against criminal networks and state-backed threats, a stated government-security use.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Esteban Castaño | CEO and co-founder |
| Rahul Raina | Co-Founder & CTO |
Company Metrics
Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.
Sources13
Show all 13 sources and supporting evidence
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "9e3e6c1a-1f1a-47f6-b66c-aeba29e3b84c"}”
- 2
TRM Labs · Supports Organization · description, Organization · name, Organization · website
“Trusted by public sector agencies and private sector institutions on the front lines of illicit activity, including criminal networks, sanctioned actors and state-backed threats.”
Systems9
- 3
TRM Labs · Supports System
“Beacon Network is a real-time intelligence-sharing system that helps law enforcement, crypto exchanges, DeFi services, and stablecoin issuers stop illicit funds before they are withdrawn. Built by TRM Labs in collaboration with leading industry players, this crypto crime response network enables verified investigators to flag addresses linked to financial crime, immediately alerting exchanges and triggering risk-based responses.”
- 4
TRM Labs · Supports System
“Access TRM’s leading blockchain intelligence through a single, high-performance API”
- 5
TRM Labs · Supports System
“Search across 65+ blockchains and over 1.9 billion digital assets, quickly surfacing the intelligence you need to close cases”
- 6
TRM Labs · Supports System
“Continuously monitor deposits and withdrawals with configurable rules to tune alerts to match your organization’s risk tolerance”
- 7
TRM Labs · Supports System
“Search crypto artifacts with your mobile device, understand their significance, and get guidance on actionable next steps to further the investigation”
- 8
TRM Labs · Supports System
“Protect your organization with real-time address screening across blockchains to detect risks prior to authorizing transactions”
- 9
TRM Labs · Supports System
“### TRM Compliance API Integrate blockchain intelligence, like address and entity risk scores into your compliance systems”
- 10
TRM Labs · Supports System
“### TRM Detect Monitor suspicious addresses, receive instant email alerts when defined triggers are met, and revive cold investigations”
- 11
TRM Labs · Supports System
“### TRM Real-Time Supervision Gain a comprehensive, real-time view of VASP activity in your jurisdiction”
Funding1
- 12DatabaseTRM Labs company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region, Organization · linkedin url, Organization metric · employees in linkedin, Role
“funding round: Series C, 2026-02-04, USD 70,000,000, lead: Blockchain Capital”
People1
- 13
TRM Labs · Supports Role
“Esteban Castaño is the CEO and co-founder of TRM Labs, the leading blockchain intelligence company helping public agencies and financial institutions detect, monitor, and investigate crypto-facilitated crime.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.