How much funding has Erebor raised?

Erebor has raised $350.0M in total funding, most recently a Series A round.

Who are Erebor's investors?

Erebor's investors include Lux Capital, Founders Fund, Andreessen Horowitz, 8VC, Haun Ventures.

Where is Erebor headquartered?

Erebor is headquartered in Columbus, Ohio, United States.

Erebor

A nationally chartered bank built for the next century of American innovation

Columbus, United States · Founded 2025 · $350.0M raised

Fintech

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

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.