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

OpenRouter raised a $113M Series B led by CapitalG at a reported $1.3B post-money valuation.

OpenRouter, an AI gateway startup founded in 2023, raised a $113 million Series B led by CapitalG. The round reportedly values the company at about $1.3 billion post-money, more than doubling from its estimated $547 million valuation after its June 2025 Series A. The company says it now offers access to over 400 models, has 8 million global users, and processes 100 trillion tokens per month.

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