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Open Router Raises $113 Million In A Capital G Led Series B To Expand Ai Infrastructure Capabilities As Weekly Volume Hits 25 Trillion Tokens. announced it raised $113 Million in an initial filing from an offering of $117 Million

PRIVATEMay 26, 20263 months ago

Amount Raised

$113 Million

Round Type

Series B

New YorkSoftwareArtificial IntelligenceMachine LearningCloud Infrastructureinformation technology & services

Investors

Menlo VenturesA16zDatabricks VenturesSnowflake VenturesMongo Db VenturesService Now VenturesN VenturesCapital G

Description

OpenRouter, the AI model exchange, has secured $113 million in a Series B funding round led by CapitalG. The funding will be used to enhance routing, governance, and optimization capabilities. Participation also came from notable investors like NVentures and ServiceNow Ventures. The company is experiencing significant growth, with weekly token volume skyrocketing to 25 trillion.

Company Information

Company

OpenRouter

Location

169 Madison Ave

New York, New York, United States

About

OpenRouter is the emerging standard for AI inference at scale, offering a single, standards-compatible API that gives developers and enterprises seamless access to over 400 large language models from providers like OpenAI, Anthropic, Google, Mistral, and more—without the need to rewrite code or renegotiate contracts. Founded in 2023 by Alex Atallah and Louis Vichy, OpenRouter features public LLM leaderboards and rankings that serve as a vital industry resource. With a privacy-first design, edge-global infrastructure, real-time accounting, and unified billing, OpenRouter simplifies and streamlines AI integration across organizations.

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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
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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