TRM Labs is a blockchain intelligence company established in 2018 with a mission to build a safer financial system by helping organizations detect and investigate crypto-related fraud and financial crime. The company provides a risk management platform that includes solutions for cryptocurrency anti-money laundering (AML), transaction monitoring and wallet screening, investigative tracing, and entity risk scoring, including Know-Your-VASP. TRM Labs serves financial institutions, cryptocurrency businesses, and public agencies globally, enabling them to safely embrace cryptocurrency-related transactions, products, and partnerships. TRM Labs tackles challenges in data engineering, data science, and threat intelligence to advance its mission.
TRM Labs was founded in 2018 and is based in San Francisco, California15. The founders are Esteban Castaño and Rahul Raina23. The company actively hires across engineering, product, sales, and data science1. By 2023, TRM Labs had grown to between 151 and 250 employees2. The company has a team of 250 employees
TRM Labs has a total funding amount of $145.7 million1. It has raised $150.05M over 4 funding rounds5. The most recent funding round, a Series B-III, raised $70 million35. TRM Labs' financial-service backers have participated in a $70 million Series B expansion3. Investors include PayPal Ventures, Citi Ventures, American Express Ventures, Thoma Bravo, and Goldman Sachs
TRM Labs' risk management platform includes:
Cryptocurrency AML: Solutions for anti-money laundering compliance.
Transaction Monitoring: Real-time monitoring of cryptocurrency transactions.
Wallet Screening: Screening of cryptocurrency wallets.
Investigative Tracing: Tools for tracing cryptocurrency transactions.
Entity Risk Scoring: Risk scoring for entities involved in cryptocurrency transactions, including Know-Your-VASP.
TRM Labs provides a blockchain intelligence data platform to fight cryptocurrency fraud and financial crime. It supports over 70 million assets across 30 blockchains, including NFT coverage and DeFi protocols. The platform offers cross-chain analytics, allowing users to move between blockchains and trace the flow of funds. Users can choose from over 150 risk categories to set their own risk scoring criteria4. TRM Labs' database of illicit activity is built from proprietary threat intelligence and advanced data science.
There is no information about acquisitions or product expansions.
TRM Labs has introduced features such as contract creation and destruction labels for Ethereum, allowing customers to see whether a transaction included the creation or destruction of a smart contract. Smarter search results are achieved through improved fuzzy matching for entities when searching in TRM Forensics. TRM Labs has also enhanced the accessibility of its products to comply with Web Content Accessibility Guidelines (WCAG) 2.1 A/AA standards.
TRM Labs is on a mission to build a safer financial system for billions of people. The company considers its business and profit as a way to move towards its mission sustainably and at scale.
TRM Labs is trusted globally by leading organizations. Government agencies, financial institutions, and crypto businesses worldwide rely on TRM Labs for their blockchain intelligence needs.
TRM Labs
By TRM
