OpenRouter Hits $1.3B Valuation After $113M Series B as AI Gateway Platform Surges to 100 Trillion Tokens Per Month

May 27, 2026
TechCrunch
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Summary

OpenRouter rockets to a $1.3B valuation after securing $113M in Series B funding, as the AI gateway platform surges to 100 trillion tokens per month serving 8 million users across 400+ AI models.

Key Points

  • OpenRouter raises $113 million in a Series B round led by CapitalG, pushing its valuation to approximately $1.3 billion, more than doubling from its $547 million valuation just one year ago.
  • The AI gateway platform now serves 8 million global users and processes 100 trillion tokens per month, a 5x increase from the 5 trillion tokens per week it handled just six months ago.
  • OpenRouter's rapid growth signals a multi-model future where companies access over 400 AI models to optimize costs and performance, rejecting vendor lock-in in favor of flexible, swappable AI infrastructure.

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