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

TechCrunch
OpenRouter reached a $1.3 billion valuation after raising $113 million in Series B funding led by CapitalG.

Summary

OpenRouter, an AI gateway and API aggregator, has achieved a $1.3 billion valuation following a $113 million Series B funding round led by CapitalG. This marks a significant increase from its $547 million valuation just a year prior. The platform now supports over 400 models and processes 100 trillion tokens monthly, highlighting a growing industry trend where companies prefer multi-model flexibility over vendor lock-in.

(Source:TechCrunch)