Crypto / Web3Columbus / Ohio

Erebor Bank

Crypto / Web3 · Columbus, OH

Erebor — OCC-chartered digital-first U.S. national bank for AI, crypto and defense companies (stablecoin integration, crypto-collateralized lending). Founded by Palmer Luckey and Joe Lonsdale. ~$350M raised at ~$4.35B valuation; round led by Lux Capital with Founders Fund, 8VC, Andreessen Horowitz and Haun Ventures.

Founded

2025

Region

Columbus / Ohio

Investors

People

About Columbus

Columbus is built around Ohio State, one of the largest universities in the country by enrollment, and around Battelle, an independent research institution headquartered there that's larger and older than most people realize. The city's demographics track the U.S. average closely enough that companies have used it as a product test market for decades — which is also, not coincidentally, part of why insurtech and healthtech firms cluster there.

Region Stats

Total firms 33

VC / investors 8

Companies 22

Universities 3

Known For

Insurtech

HealthTech

Robotics