Founders Fund, 8VC, and Haun Ventures are among Erebor’s existing backers. Erebor was established in 2025 by Palmer Luckey, Anduril’s CEO, and Joe Lonsdale, with early support from Peter Thiel and Haun Ventures.
The bank charter filing indicates Erebor plans to offer traditional banking services alongside crypto-related offerings, signaling a dual-focus model as it integrates supervised national banking with digital asset products.