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How TRM Labs CEO Esteban Castano grew TRM Labs 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.

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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.

TRM Labs Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M2018201920202021202220232024$0$2M$7M$11MSource: GetLatka.com
YearMilestone
2024TRM Labs Hit $11.3m revenue in October 2024
2023TRM Labs Hit $7.3m revenue in December 2023
2021TRM Labs Hit $1.8m revenue in January 2021
2018Launched 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.

TRM Labs Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120182018 cumulative: $0 • 2018 Founded: $02018 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

TRM Labs Employees & Team Size

TRM Labs employs approximately 259 people as of 2026, up from 191 in 2023.

TRM Labs has 259 total employees in different roles and functions. They have 1B customers that rely on the company's solutions.

TRM Labs Team GrowthReported headcount over time060120180240300201820192020202120222023202400259259Source: GetLatka.com
YearMilestone
2024Reached 259 employees (December 2024)
2024Reached 254 employees (October 2024)
2023Reached 191 employees (December 2023)
2023Reached 191 employees (July 2023)
2022Reached 198 employees (December 2022)
2021Reached 93 employees (December 2021)
2021Reached 18 employees (January 2021)

Founder / CEO

Esteban Castano

CEO at TRM Labs.

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Customers

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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.

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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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

TRM Labs Revenue 2024: $11.3M ARR (Bootstrapped)