TRM Labs
PrivateLast Round
Series C
Extension
Sep 9, 2026
Est. Valuation
$2B
Total Funding Raised
$221.6M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
TRM Labs is a blockchain intelligence company that provides a regulatory technology platform for financial institutions, crypto businesses, and government agencies to detect and investigate crypto-related financial crime and fraud.
Sector
Crypto & Web3
Verticals
Compliance & Risk, Blockchain Infrastructure, RegTech, Threat Intelligence
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
TRM Labs Comparables
Compare TRM Labs with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Chainalysis | 92% | |
| Elliptic | 89% | |
| Crystal Intelligence | 86% |
TRM Labs Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C Extension | Sep 9, 2026 | ||||
| Series C | Feb 4, 2026 | ||||
| Series B Extension | Nov 8, 2022 | ||||
| Strategic | Feb 24, 2022 | ||||
| Series B | Dec 7, 2021 | ||||
Series A | Jun 17, 2021 |
Secondary Market Activity
Bids, offers, and trades by month
| Operation | Date | Price | Size | Share Class | Structure |
|---|---|---|---|---|---|
BID |
TRM Labs Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Human Capital | Series B |
| Geodesic Capital | Series B Extension |
| PayPal Ventures | Series B, Series A, Series B Extension, Seed |
| BH Digital | Series C |
| Blockchain Capital | Seed, Series B, Series A, Series C, Series C Extension |
| Citi Ventures | Series C, Series B, Series B Extension |
| Castle Island Ventures | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 9, 2026
Raised $2B Series C Extension led by Blockchain Capital.
- Jun 26, 2026
Added Interstice Digital, a marketing & advertising startup, as a customer.
Recent news
Latest coverage and updates
- has_valuationSep 10, 2026
TRM Labs had valuation of $1B on Feb 1st '26.
- identified_as_competitor_ofSep 9, 2026
TRM Labs identified as competitor of CipherTrace.
- launchesSep 9, 2026
TRM Labs will launch investigations platform on Nov 1st '26.
- has_valuationSep 9, 2026
TRM Labs had valuation of $2B on Sep 9th '26.
- hiresAug 27, 2026
TRM Labs hired Ziqing Ang as Head of Policy, APAC on Aug 27th '26.
TRM Labs Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about TRM Labs's valuation, stock price, and market status.
Is TRM a public or private company?
TRM is a private company.
What is the current stock price of TRM?
TRM is a private company with no public stock price. No recent secondary market data is available.
How much is TRM worth (valuation)?
TRM's valuation is estimated at $1.0B based on funding round data.
Can I buy TRM stock?
TRM shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was TRM's last funding round?
TRM's most recent funding round was Series C on February 4, 2026.
Who are the main investors in TRM?
Key investors in TRM include PayPal Ventures, Blockchain Capital, Tribe Capital, Bessemer Venture Partners, Tiger Global Management.
Will TRM IPO soon?
No public IPO plans have been announced for TRM.
How can I track TRM secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor TRM's secondary market activity and sign up for updates.