<p><strong>SAN FRANCISCO</strong> — TRM Labs, a company building AI solutions to disrupt criminal networks and counter national security threats, has 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 the company says 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>

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