Erebor
A digital-only U.S. national bank for companies in sectors such as digital assets, AI, defense and manufacturing, and for their founders and investors. It offers deposits, credit, treasury management, payments and stablecoin-related products.
VP50 · #23FintechDigital national bank for technology companiesColumbus, United States
FoundersSince 2025
- Valuation
- $4.3B
- Total raised
- $575M
- Last round · Dec 2025
- Funding round
- Founded
- 2025
- Employees
- 90
- Quarters in VP50
- 1
In VP50
- Q4 2023: no place
- Q1 2024: no place
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: no place
- Q2 2025: no place
- Q3 2025: no place
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: #23
Place by quarter since Q4 2023. Best place #23.
Funding rounds
DateRound · leadRaisedValuation
Signals
- Erebor reportedly holds more than $7 billion in deposits, Financial Times saysMilestone
- Erebor reported in advanced talks to raise about $1.5B at an $8B pre-money valuationFunding round
- Erebor adds Michael Mosier and Anré Williams, ex-American Express, to its boardKey hire
- Erebor deposits reached $4.6B by end-July, up from $1.1B in March, FT reportedMilestone
- Erebor acts as administrative agent on a $200M credit facility for Valar AtomicsMilestone
- Erebor Q2 call report shows $4.66B in assets, $597M in equity and a net lossMilestone
