Developer of a regulatory technology platform designed to address compliance in the cryptocurrency industry.
Developer of a regulatory technology platform designed to address compliance in the cryptocurrency industry.
Other Financial Services📍 San Francisco, CAFounded 2018
Current Valuation
$1.0B
as of 2026-Q1
UNICORN
QL Price
$751.07M
-25% vs last round
QuantLogix's current estimate for TRM Labs, published 2026-09-15 — below the last disclosed round of $1.0B (2026-Q1).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$1.0B
2026-Q1
weight 0.73
Secondary market print
$458M
2026-06-27
weight 0.62
How this price has held up
No round has priced for TRM Labs since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-15 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, TRM Labs, 2026-09-15 (0d9a80922fd04462).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is TRM Labs going public?
No. TRM Labs is private and has not filed to go public. There is no S-1 on file.
What is TRM Labs' valuation in 2026?
TRM Labs is valued at $1.0B as of 2026-Q1, set by its Series C ($70M, Feb 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has TRM Labs filed an S-1?
No public S-1 is on file for TRM Labs.
Can you buy TRM Labs stock?
No. TRM Labs is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for TRM Labs on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
Founded
2018
HQ
San Francisco, CA
Employees
350
Total Raised
$220.05M
Last Round
Series C — $70M (Feb 2026)
IPO Status
private
Fundraising Status
Series C · $70M · 7 mo ago
privateTotal raised $220.05M
Secondary Market
Implied price / share
$10.26
Last round price / share
$22.38
vs last round
-54.2%
Open interest
1
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series C
$70M
Feb 2026
—
$1.0B
Talent Signal
Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
125
via ashby
Product-build share
54%
engineering, research, product, design
Trajectory
steady
product-led hiring — 54% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Senior Data Scientist, Full StackSenior Product Marketing Manager, National SecuritySenior Software Engineer, Data PlatformSenior Infrastructure EngineerSenior Software Engineer, Graph AnalyticsGlobal Investigator - National Security
Counted from TRM Labs's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Big DataComplianceBlockchainCryptocurrency
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q1. Refreshed quarterly.