<p><strong>SAN FRANCISCO </strong>— TRM Labs, a company building AI solutions to disrupt criminal networks and counter national security threats, has announced a recently-closed $70 million Series C funding round valuing the company at $1 billion.</p>
<p>Blockchain Capital led the round, having previously led TRM’s pre-seed round in 2018, and is joined by fellow returning investors CMT Digital, Goldman Sachs, Bessemer Venture Partners, DRW Venture Capital (DRW VC), Y Combinator, Thoma Bravo, Alumni Ventures, Citi Ventures, Brevan Howard Digital, and new strategic investor Galaxy Ventures.</p>
<p>The funding follows revenue growth that has averaged more than 150% annually over the past five years and supports TRM’s mission to equip public- and private-sector institutions with advanced AI solutions to combat crime. TRM’s global customer base includes leading law enforcement and national security agencies across more than 50 countries, as well as private-sector institutions including Circle, Coinbase, Cross River Bank, PayPal, Robinhood, Stripe, Visa and others.</p>
<p>As an increasing amount of global economic activity moves on-chain, TRM’s industry-leading blockchain intelligence platform provides a foundational defense layer against illicit actors, including ransomware groups, terrorist financiers, transnational criminal networks, and scam operators that are increasingly relying on automation, programmatic money laundering, and AI-driven social engineering to scale their operations.</p>
<p>In this environment, the need for solutions that can not only scale an effective response to these threats, but are also designed to operate in highâconsequence environments — where accuracy, defensibility, and security are essential — has never been greater.</p>
<p>The funding will accelerate TRM’s investment across three core areas:</p>
<ul role="list">
<li><strong>Worldâclass talent</strong> — expanding its team of AI researchers, data scientists, engineers, and domain experts in financial crime, investigations, and national security.</li>
<li><strong>AIâenabled compliance</strong> — advancing solutions that help institutions manage financial crime risk efficiently, accelerating operations such as alert disposition and assessing risk exposure</li>
<li><strong>AIâpowered investigations</strong> — advancing capabilities to identify and disrupt illicit activity, leveraging stronger linkages between on-chain and off-chain adversarial activity.</li>
</ul>
<p>“AI is one of the most important technologies of our generation, and where it’s applied matters,” said Esteban Castaño, co-founder and CEO of TRM Labs. “At TRM, we’re building AI for problems that have real consequences for public safety, financial integrity, and national security. This funding allows our world-class team — and the people who will join us next — to innovate alongside institutions on the front lines of the most consequential threats, and expand the potential of AI to meaningfully improve how our critical systems are protected.”</p>
<p>Spencer Bogart, general partner at Blockchain Capital said, “Esteban and Rahul have built a product and organization that sells mission-critical software to some of the world’s most selective institutions, navigating the toughest procurement processes in government and regulated finance. That combination of technical depth, strategic adaptability, and credibility with demanding buyers is rare, and we&#8217;re excited to continue backing this team.”</p>
<p>Mathew McDermott, global head of digital assets at Goldman Sachs, noted, “TRM Labs provides foundational infrastructure that enables institutions to operate distributed ledger technologies safely and efficiently. We are proud to continue supporting TRM, given their role in accelerating the responsible growth and institutionalization of digital assets.”</p>
<p>&#8220;We&#8217;re proud to double down on TRM as their world-class team continues to build upon their market leadership in blockchain intelligence. They are helping customers tackle some of the most critical challenges we face in the blockchain and AI age across public safety, national security, and financial services,” said Charles Birnbaum, partner at Bessemer Venture Partners.</p>
<p>TRM is headquartered in San Francisco and is a distributed-first company with hubs in Los Angeles, San Francisco, New York, Washington D.C., London, and Singapore. The company is hiring across all functions, including applied AI, machine learning, engineering, data science, go-to-market, and operations.</p>

Toyota Motor North America (TMNA) returns to the Super Bowl this year with two 30-second…
SAN JOSE -- PayPal Holdings announced that its Board of Directors is hiring Enrique Lores…
The National Football League has announced that the San Francisco 49ers will play the Los…
Apple's Xcode 26.3 is introducing support for agentic coding, a new way in Xcode for…
SAN FRANCISCO -- Accrual has announced its launch and $75 million in funding to bring…
The San José Police Department’s Special Victims Unit – Human Trafficking Task Force (HTTF) conducted…