Erebor, founded in 2025, is a stealth financial services company serving crypto clients and startups. The company has raised more than $250 million, including a $250 million seed round that valued it at $2 billion. Backed by Founders Fund and other early stage investors, Erebor is developing banking infrastructure tailored to emerging digital finance needs. While its headquarters remain undisclosed, the company focuses on scalable, compliant, and efficient financial systems to support high growth startups and crypto enterprises as it prepares to enter the broader market.