Erebor
Krakow, Wojewodztwo malopolskie, Poland · Banking, Blockchain, Cryptocurrency
Erebor is a digital bank founded by Palmer Luckey, known for its inspiration from J.R.R. Tolkien's 'The Lord of the Rings'. The bank aims to provide crypto-collateralized loans and services tailored for startups and digital asset companies. It has quickly reached a valuation of $2 billion and is currently in the process of raising considerable funding. Erebor is seeking a U.S. bank charter to oper
Key facts
- Headquarters
- Krakow, Wojewodztwo malopolskie, Poland
- Employees
- 6
- Industries
- Banking, Blockchain, Cryptocurrency
- Status
- Private
- Website
- erebor.capital
- Company page
Recent activity at Erebor
Erebor funding history
| Date | Round | Amount |
|---|---|---|
| Jul 2026 | Series A | $175.0M |
Leadership
- Kamil, Venture Partner
- Kamil Pawlik, Partner
- Kinga Waclawik, Partner
Verified email and direct lines for Erebor’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Erebor in the news
- US bank Erebor nears $1.5bn funding round at $8bn valuation – report - Yahoo Finance (Aug 11, 2026)
- Palmer Luckey’s Erebor Bank Eyes at Least $8 Billion Valuation - Bloomberg.com (Jul 02, 2026)
- Start-up bank backed by Palmer Luckey set to raise $1.5bn - Financial Times (Aug 10, 2026)
- Erebor Bank receives national bank charter - Banking Dive (Feb 09, 2026)
- Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT - CoinDesk (Aug 11, 2026)
- Erebor: A Stablecoin-Native U.S. Bank for the Innovation Economy - insights4vc | Substack (Apr 09, 2026)
- Exclusive | Hobbit-Inspired Startup Becomes First New Bank Greenlighted by Trump 2.0 - WSJ (Feb 06, 2026)
- Banking startup Erebor raises $350 million at over $4 billion valuation following FDIC approval: Axios - The Block (Dec 22, 2025)
Companies similar to Erebor
- Kea · Banking, Blockchain, Cryptocurrency, Finance, Financial Services, Fintech, Lending
- HYPERLIQUID STRATEGIES · Banking, Blockchain, Cryptocurrency, Finance, Financial Services, Fintech, Lending
- OSL Pay · Banking, Blockchain, Cryptocurrency, Finance, Financial Services, Fintech, Lending
- Telcoin Digital Asset Bank · Banking, Blockchain, Cryptocurrency, Finance, Financial Services, Fintech, Lending
- ProCap Financial · Banking, Blockchain, Cryptocurrency, Finance, Financial Services, Fintech, Lending
About Erebor: questions and answers
What does Erebor do?
Erebor is a digital bank founded by Palmer Luckey, known for its inspiration from J.R.R. Tolkien's 'The Lord of the Rings'. The bank aims to provide crypto-collateralized loans and services tailored for startups and digital asset companies. It has quickly reached a valuation of $2 billion and is currently in the process of raising considerable funding. Erebor is seeking a U.S. bank charter to oper
Where is Erebor headquartered?
Erebor is headquartered in Krakow, Wojewodztwo malopolskie, Poland.
How many employees does Erebor have?
Erebor has about 6 employees.
Has Erebor raised funding?
Yes. Fundz has recorded 1 funding event for Erebor. The most recent, Series A of $175.0M, was in Jul 2026.
What is the latest news on Erebor?
On Jul 24, 2026, Erebor has raised $175 million in a Series A funding round led by Founders Fund, with support from Andreessen Horowitz and 8VC. The funding aims to enhance specialized banking services for emerging industries.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy