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.
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.
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.
In this environment, the need for solutions ...
