OpenRouter

OpenRouter

Private
New York City, New YorkAI, Data & Cloud Infrastructurehttps://openrouter.ai/

Last Round

Series B

May 26, 2026

Est. Valuation

$1.3B

Total Funding Raised

$153.5M

Momentum Score

100 /100

Company Overview

OpenRouter is an artificial intelligence company that provides a single, standards-compatible API that lets developers and enterprises access hundreds of large-language-models.

Sector

AI, Data & Cloud Infrastructure

Verticals

ML Platforms, API Management, NLP & Conversational AI

Business Model

B2B

Customer Profile

Usage-Based SaaS, Marketplace Commission, Freemium, Services & Consulting

AI Layer

Infrastructure

Keywords

AI gatewayLLM routerunified APIAI model marketplacemodel routingLLM gatewayuniversal LLM adapterusage-based billingautomatic fallbacksOpenAI SDK compatibleAI developer toolsmultimodal modelspay per tokenPython SDK

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

OpenRouter Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

OpenRouter Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BMay 26, 2026
Series AApr 1, 2025
SeedFeb 1, 2025

Key People

Founding team and executive leadership

Alex Atallah

CEO, Co-Founder

Founding Team

OpenRouter Investors

Notable investors and investment history

InvestorRounds
Andreessen HorowitzSeries A, Series B, Seed
Snowflake VenturesSeries B
NVenturesSeries B
Sequoia CapitalSeed, Series A
MongoDB VenturesSeries B
ServiceNow VenturesSeries B
Menlo VenturesSeed, Series B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 26, 2026

    $113M round led by CapitalG.

  • Apr 24, 2026

    Grew 46% QoQ, from 35 to 51 employees.

OpenRouter Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

OpenRouter Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about OpenRouter's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range51
Year Founded2023
Last FundingMay 26, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.