OpenRouter
PrivateLast Round
Series B
May 26, 2026
Est. Valuation
$1.3B
Total Funding Raised
$153.5M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
OpenRouter is an artificial intelligence company that provides a unified API platform allowing developers and enterprises to access, route, and optimize across hundreds of large language models from various providers.
Sector
AI, Data & Cloud Infrastructure
Verticals
Platform-as-a-Service, NLP & Conversational AI, API Management, ML Platforms
Business Model
B2B
Customer Profile
Usage-Based SaaS, Freemium
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
OpenRouter Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
OpenRouter Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | May 26, 2026 | ||||
| Series A | Apr 1, 2025 | ||||
| Seed | Feb 1, 2025 |
OpenRouter Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Series A, Series B, Seed |
| Snowflake Ventures | Series B |
| NVentures | Series B |
| Sequoia Capital | Seed, Series A |
| MongoDB Ventures | Series B |
| ServiceNow Ventures | Series B |
| NVentures | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 6, 2026
Open job postings surged from 0 to 13 roles, representing 25% of headcount.
- May 26, 2026
$113M round led by CapitalG.
OpenRouter Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about OpenRouter's valuation, stock price, and market status.