Erebor
A nationally chartered bank built for the next century of American innovation
Columbus, United States · Founded 2025 · $350.0M raised
- Headquarters
- Columbus, Ohio
- Employees
- 51–200
- Founded
- 2025
- Business Model
- B2B
- Website
- erebor.bank
- Total Funding
- $350.0M
- Last Round
- $350.0M Series ADec 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Erebor is a nationally chartered digital bank built for AI, defense, crypto, and deep-tech companies — filling the void left by Silicon Valley Bank's 2023 collapse. Co-founded by Palmer Luckey (Anduril, Oculus) and Joe Lonsdale in 2025, Erebor received OCC conditional approval in October 2025 and began operating in February 2026 after receiving FDIC insurance and a full national bank charter. The bank offers stablecoin integration, crypto-collateralized loans, and traditional banking services via API, with specialized underwriting for AI hardware, robotics, and defense contractors. It raised $350M at a $4.35B valuation and is headquartered in Columbus, Ohio.
Summary
Erebor is a Fintech company based in Columbus, United States, founded in 2025. It has raised $350.0M in total across 1 round, most recently a $350.0M Series A round in Dec 2025. Investors include Lux Capital, Founders Fund and Andreessen Horowitz.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Dec 2025
Investors
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