TRM Labs Hits $1B Valuation with $70M Series C Led by Blockchain Capital
Blockchain analytics firm TRM Labs has secured $70 million in a Series C funding round, catapulting its valuation to $1 billion. The investment was spearheaded by Blockchain Capital, with notable participation from Goldman Sachs, Citi Ventures, and Thoma Bravo, among others.
The company's intelligence software tracks cryptocurrency-related crime, serving global law enforcement and private clients. This capital infusion will fuel expansion of its compliance and investigative solutions worldwide.