2024 Revenue
$11.3M
Customers
1B
Funding
$0
YOY
55.2%
Avg ACV
$0
Team
259
Founded
2018
How TRM Labs CEO Esteban Castano grew to $11.3M revenue and 1B customers in 2024.
TRM Labs is a US-based fintech company that provides an anti-money laundering (AML) and cryptocurrency compliance platform for financial institutions and cryptocurrency businesses. The platform uses advanced analytics and machine learning to identify and prevent financial crimes such as money laundering, terrorist financing, and fraud. TRM Labs' solution includes features such as risk scoring, transaction monitoring, and regulatory reporting. The company's mission is to help financial institutions and cryptocurrency businesses comply with regulations and prevent financial crime while enabling innovation in the cryptocurrency industry. TRM Labs is headquartered in San Francisco and has offices in Washington, DC, and New York City.
Last updated
TRM Labs Revenue
In 2024, TRM Labs's revenue reached $11.3M. The company previously reported $7.3M in 2023. Since its launch in 2018, TRM Labs has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | TRM Labs Hit $11.3m revenue in October 2024 | |
| 2023 | TRM Labs Hit $7.3m revenue in December 2023 | |
| 2021 | TRM Labs Hit $1.8m revenue in January 2021 | |
| 2018 | Launched with $0 revenue |
TRM Labs Valuation, Funding Rounds
TRM Labs is a bootstrapped Machine Learning Software startup. Founded in 2018, TRM Labs has grown to $11.3M in revenue without raising any venture capital or outside funding.
As a self-funded Machine Learning Software SaaS company, TRM Labs has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
TRM Labs serves 1B customers.
TRM Labs Employees & Team Size
TRM Labs employs approximately 259 people as of 2026, up from 191 in 2023. It serves 1B customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 259 employees (December 2024) |
| 2024 | Reached 254 employees (October 2024) |
| 2023 | Reached 191 employees (December 2023) |
| 2023 | Reached 191 employees (July 2023) |
| 2022 | Reached 198 employees (December 2022) |
| 2021 | Reached 93 employees (December 2021) |
| 2021 | Reached 18 employees (January 2021) |
Frequently Asked Questions about TRM Labs
What is TRM Labs's revenue?
TRM Labs generates $11.3M in revenue.
Who is the CEO of TRM Labs?
The CEO of TRM Labs is Esteban Castano.
How much funding does TRM Labs have?
TRM Labs raised $0.
How many employees does TRM Labs have?
TRM Labs has 259 employees.
Where is TRM Labs headquarters?
TRM Labs is headquartered in San Francisco, California, United States.
Compare TRM Labs to the industry
TRM Labs operates across multiple industries. Browse revenue, funding, and growth data for TRM Labs in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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