OpenRouter
One API that sends requests to hundreds of AI models, billed in one place, with a small margin on each call.
- Revenue
- Sacra estimate of about $50M annualised in early 2026. Company does not publish revenue
- Value
- About $1.3B post-money after a $113M Series B led by CapitalG (late May 2026)
- Growth
- Company says about 25 trillion tokens a week across 400 plus models, roughly five times the level six months earlier
- Listed
- Private
Developers can switch models with one line of code and get a backup when one provider fails.
Routers add little once the labs and clouds offer their own multi-model access.
Money coming in
Who pays OpenRouter, and for what.
led the $113M Series B through its CapitalG fund
dealroom.coinvested in the Series B through NVentures
dealroom.co
Money going out
Who OpenRouter pays to do what it does.
No suppliers of OpenRouter mapped yet.
Where it sits on the map
Competitors and neighbours
Runs a global network and an AI Gateway that routes and caches AI calls for apps, and bought Replicate in Dec 2025.
Open profileHosts web apps and runs AI Gateway, one endpoint for many model providers with no token markup.
About $340M run-rate (Apr 2026, reported)
Open profileAI gateway with monitoring, guardrails and cost controls, sitting between a company's apps and its models.
No figure found
Open profileOpen-source logging and gateway for AI calls. Now part of Mintlify and in maintenance mode.
Last disclosed raise of $1.5M (Apr 2023, per CB Insights). Acquisition price not disclosed
Open profileFree open-source gateway that gives one code interface to many model providers, with a paid enterprise tier.
Seed round co-led by Y Combinator (reported)
Open profileModel router that picks the best model for each request to balance answer quality against cost.
$9M seed led by NEA (Nov 2023). No 2026 funding found
Open profileModel router that predicts which AI model will give the best answer for a prompt at the lowest cost.
About $2.3M raised in 2024, plus an undisclosed 2025 round from strategic investors including IBM and SAP.iO
Open profileSources: dealroom.co, sacra.com, kucoin.com
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