tech
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.
TL;DR
- OpenRouter raised $113 million in Series B funding, led by CapitalG.
- The company's valuation reached approximately $1.3 billion post-money.
- This is a significant increase from its valuation of $547 million a year prior.
- OpenRouter provides access to over 400 AI models from various providers.
- The company has seen 5x growth in token processing in the last six months.
- This growth suggests a future where multi-AI-model usage is prevalent.