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OpenRouter raised $113 million in a Series B round, led by notable investors, to fuel its growth in AI routing and analytics tools.

RECENTLY ACQUIREDAug 24, 2026•about 4 hours ago

Amount Raised

$113 Million

Round Type

Series B

New YorkSoftwareArtificial IntelligenceMachine LearningCloud Infrastructureinformation technology & services

Description

OpenRouter has successfully closed a $113 million Series B round of funding that values the company at approximately $1.3 billion. The funding will help the platform expand its capabilities in AI routing and analytics. OpenRouter currently serves over 8 million users and has seen significant growth in token usage this year. The company aims to enhance its offerings and maintain its competitive edge in the market.

Company Information

Company

OpenRouter

Location

169 Madison Ave

New York, New York, United States

About

OpenRouter is an AI infrastructure startup that simplifies access to various AI models through a single API. Founded in 2023 by former OpenSea CTO Alex Atallah, the company focuses on enhancing model routing by taking into account cost-efficiency, speed, and performance. With its intelligent routing capabilities, OpenRouter enables developers and enterprises to optimize AI usage without internal infrastructure challenges. The platform has rapidly gained traction, supporting over one million developers since its launch.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

OpenRouter raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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