OpenRouter raises $113M at $1.3B valuation for AI model exchange

OpenRouter, an AI model aggregation platform, has secured $113 million in Series B funding, valuing the company at $1.3 billion. The round was led by CapitalG, with participation from NVentures, ServiceNow Ventures, and others. OpenRouter provides a single API to access and optimize hundreds of AI models, processing 25 trillion tokens weekly and serving over eight million users. AI

IMPACT This funding round highlights the growing enterprise demand for multi-model AI access and optimization, potentially accelerating the adoption of AI agents.

RANK_REASON AI company funding round exceeding $100M. [lever_c_demoted from significant: ic=1 ai=0.7]

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• Alex Atallah
• Alphabet
• Andreessen Horowitz
• Anthropic
• CapitalG
• DeepSeek
• Google
• Google Cloud
• Menlo Ventures
• NVentures
• OpenAI
• OpenRouter
• Tencent
• xAI

• funding
• product
• infra

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