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OpenRouter raises $113M at $1.3B valuation, doubles in a year

By PulseAugur Editorial · [2 sources] ·

OpenRouter, an API gateway for large language models, has secured $113 million in Series B funding, valuing the company at approximately $1.3 billion. This represents a significant increase from its previous valuation of around $547 million just a year ago. The company's growth is attributed to the increasing demand for flexible AI model selection, enabling users to optimize costs and performance across various tasks by accessing over 400 different models. AI

IMPACT Accelerates the trend of multi-model AI strategies, reducing vendor lock-in for enterprises.

RANK_REASON Significant funding round for an AI infrastructure company.

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AI-generated summary · Google Gemini · from 2 sources. How we write summaries →

COVERAGE [2]

  1. TechCrunch AI TIER_1 English(EN) · Julie Bort ·

    OpenRouter more than doubles valuation to $1.3B in a year

    OpenRouter has raised a $113 million Series B led by CapitalG. Its 5x growth in usage over six months indicates the multi-AI-model future is here.

  2. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    OpenRouter more than doubles valuation to $1.3B in a year https://techcrunch.com/2026/05/26/openrouter-more-than-doubles-valuation-to-1-3b-in-a-year/ # Startups

    OpenRouter more than doubles valuation to $1.3B in a year https://techcrunch.com/2026/05/26/openrouter-more-than-doubles-valuation-to-1-3b-in-a-year/ # Startups # AI # TechNews

    LINKS techcrunch.com/…/openrouter-more-than-dou…

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