OpenRouter more than doubles valuation to $1.3B in a year
OpenRouter has significantly increased its valuation to $1.3 billion after raising $113 million in a Series B funding round led by CapitalG. This marks a substantial rise from its previous valuation of approximately $547 million just a year ago. The company has gained popularity by providing access to over 400 AI models, catering to a growing demand for flexible AI solutions.
- ▪OpenRouter raised $113 million in a Series B funding round led by CapitalG.
- ▪The company's valuation has more than doubled to $1.3 billion in one year.
- ▪OpenRouter provides access to over 400 AI models and claims 8 million global users.
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In Brief Posted: 11:33 AM PDT · May 26, 2026 Image Credits:Getty Images Julie Bort OpenRouter more than doubles valuation to $1.3B in a year OpenRouter, the unified gateway and API for Large Language Models founded in 2023, has raised a hefty $113 million Series B led by CapitalG, the growth venture fund of Google parent company Alphabet. While the startup didn’t disclose its new valuation, The New York Times reports that it landed at about $1.3 billion post-money. This is a hefty increase from the estimated $547 million post-money valuation it hit a year ago, per Pitchbook, after raising $40 million in Series A funding in June 2025. That round was led by Andreessen Horowitz and Menlo Ventures, with participation from Sequoia. What a difference a year makes.
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