Valued at $4.3B at its later-stage round, Mar 2026. Nothing has traded since.
- ·Every dated print: 2 trades with prices and structures
- ·2 investment vehicles formed around Erebor Bank: sponsors, sizes, dates
Membership and data by Private Market View
Valuation timeline
3 priced rounds · 32 daily marks since · Dec 2025 – Oct 2026Membership and data by Private Market View
Erebor Bank funding history
4 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Mar 2026 | Later Stage VC | $276.0M | ▮ | ▮ |
| Feb 2026 | Seed Round | $635.0M | ▮ | ▮ |
| Dec 2025 | Later Stage VC | $350.0M | ▮ | ▮ |
| — | Early Stage VC | $1.5B | ▮ | ▮ |
Membership and data by Private Market View
Erebor Bank valuation
Erebor Bank was valued at $4.3 billion at its later-stage round in Mar 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Erebor Bank raised?
Erebor Bank has raised $635 million across 4 recorded rounds since 2025. The largest was a $635 million seed round in Feb 2026; the most recent was a $276 million later-stage round in Mar 2026. 4 of the rounds disclosed a post-money valuation.
Erebor Bank secondary market activity
2 secondary trades in Erebor Bank shares are on record, in Apr 2026. Exact dates, prices and structures are available to Pro members.
Institutional holders and vehicles
In the last 12 months, 2 investment vehicles were formed to buy Erebor Bank shares, reporting $1.6 million sold to 24 investors across 2 sponsors, per SEC Form D filings (most recent Apr 2026).
How Erebor Bank's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Erebor Bank, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →
Frequently asked about Erebor Bank
- What is Erebor Bank worth?
- Erebor Bank is valued at $4.3B as of Oct 2026. Valued at $4.3B at its later-stage round, Mar 2026. Nothing has traded since.
- How much has Erebor Bank raised?
- Erebor Bank has raised $635.0M in total funding across 4 recorded rounds.
- When did Erebor Bank last raise?
- Erebor Bank last raised in Mar 2026 (Later Stage VC), raising $276.0M.