# TRM Labs

> TRM Labs is a blockchain intelligence company that helps financial institutions, crypto businesses, and government agencies investigate fraud, money laundering, and other financial crimes on-chain. Its platform blends blockchain data, AI agents, and threat intelligence to trace illicit funds across hundreds of blockchains, screen wallets, and support criminal investigations from suspicious-activity alerts to courtroom-ready evidence.

- **Founded:** 2018
- **Headquarters:** San Francisco, California, United States
- **Founders:** Esteban Castaño (Co-founder & CEO), Rahul Raina (Co-founder & CTO)
- **Team size:** ~360 employees
- **Products:** TRM Forensics, Beacon Network, TRM Deconflict, Seed Analysis, Wallet & Entity Screening
- **Notable:** Reached $1B unicorn valuation in February 2026, Powers investigations for 600+ agencies and institutions across 75+ countries, Built the largest public-private partnership in crypto via Beacon Network

## Products & services

- **TRM Forensics** — Investigation and tracing software with integrated AI agents for evidentiary-grade analysis of criminal networks on-chain.
- **Beacon Network** — Real-time crypto crime response network connecting law enforcement, exchanges, DeFi services, and stablecoin issuers to freeze illicit funds before they cash out.
- **TRM Deconflict** — Free tool for verified law-enforcement agencies to surface blockchain insights and avoid duplicating cryptocurrency investigations.
- **Seed Analysis** — Rapid identification of associated wallets and balances to support crypto seizures.
- **Wallet & Entity Screening** — Risk scoring and screening APIs for compliance teams at exchanges, banks, and VASPs.
- **Threat Intelligence Feeds** — Proprietary attribution data on ransomware groups, scams, sanctioned entities, and dark-web markets.

## Achievements

- Reached $1B unicorn valuation in February 2026
- Powers investigations for 600+ agencies and institutions across 75+ countries
- Built the largest public-private partnership in crypto via Beacon Network
- Averaged 150%+ annual revenue growth over five years
- Backed by Goldman Sachs, Tiger Global, Thoma Bravo, Bessemer, PayPal Ventures, Y Combinator

## Latest updates

- **2026-02** — Closed $70M Series C led by Blockchain Capital, achieving $1B unicorn valuation.
- **2025-12** — Published '2025 TRM Wrapped' detailing a year of public-private disruption of illicit crypto networks.
- **2025** — Launched Seed Analysis for rapid crypto seizure support and expanded AI-agent capabilities in TRM Forensics.

## Links

- Website: https://www.trmlabs.com
- LinkedIn: https://www.linkedin.com/company/trmlabs
- Twitter/X: https://twitter.com/trmlabs
- GitHub: https://github.com/trmlabs
- YouTube: https://www.youtube.com/@TRMLabs
- Facebook: https://facebook.com/trmlabs/

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Profile page: https://yespress.io/trm-labs
Published by YesPress — https://yespress.io
Last updated: 2026-05-18