AI Judge changed title after evaluation, original title: "OpenRouter raises $113 million at a $1.3 billion valuation as weekly traffic hits 25 trillion tokens"
CapitalG led the funding for the multi-model routing service.
Cody Blakeney#1674
Today we’re announcing our $113M Series B led by @CapitalGVC.
Over the last 6 months, weekly volume on OpenRouter grew from 5T to 25T tokens as AI rapidly shifts from experimentation into production.
We’re excited for what comes next.
Many users congratulated OpenRouter on its $113 million Series B raise led by CapitalG, while a few criticized token waste or called for improved customer support.
We're seeing a Cambrian explosion of AI models, and it's happening on OpenRouter.
The future of AI is neurodiversity: - Agents choosing the most cost-effective model/provider/tool for the task - Agents orchestrating multiple models for the smartest result - Advanced security and observability for the boundary between models
Thanks to @CapitalG, @a16z, @MenloVentures, @nvidia, and our other backers. More on our Series B 👇
Today we’re announcing our $113M Series B led by @CapitalGVC.
Over the last 6 months, weekly volume on OpenRouter grew from 5T to 25T tokens as AI rapidly shifts from experimentation into production.
We’re excited for what comes next.
OpenRouter is now serving 1.5 quadrillion tokens/yr!
That token run rate is: — 15-30% of Google APIs — 20-40% of OpenAI — >50% of Microsoft Azure Foundry
That's 15x larger than when we invested a year ago.
Revenue has already doubled since this $1.3B round was done in Feb!
We're also looking for neurodiversity within the team. I believe that will be a key attribute of successful teams in the future.
Check out our open roles here: https://openrouter.ai/careers
If you don't exactly match a role, shoot me a DM. If you're smart, get things done, and think in a unique way, we want you.
We're seeing a Cambrian explosion of AI models, and it's happening on OpenRouter.
The future of AI is neurodiversity: - Agents choosing the most cost-effective model/provider/tool for the task - Agents orchestrating multiple models for the smartest result - Advanced security and observability for the boundary between models
Thanks to @CapitalG, @a16z, @MenloVentures, @nvidia, and our other backers. More on our Series B 👇
The first time I stumbled across @OpenRouter I immediately thought: “awesome, it’s Segment for tokens”.
Go @alexatallah and team!
Today we’re announcing our $113M Series B led by @CapitalGVC.
Over the last 6 months, weekly volume on OpenRouter grew from 5T to 25T tokens as AI rapidly shifts from experimentation into production.
We’re excited for what comes next.
You can now use models on OpenRouter directly in Roboflow
New models are dropping weekly and it's important to build your pipeline around the problem you're solving. OpenRouter in Roboflow lets you do that.
Plug in whatever model is winning this month, and swap it out the week after when something better lands or find a cheaper variant that works well enough
Today we’re announcing our $113M Series B led by @CapitalGVC.
Over the last 6 months, weekly volume on OpenRouter grew from 5T to 25T tokens as AI rapidly shifts from experimentation into production.
We’re excited for what comes next.
Methodology behind comparison:
Google / OpenAI report in per minute, which isn't directly comparable (and is usually a peak of a sinusoid number) whereas OR is based on per week. There ofc is double counting because OR serves GPT and Gemini.
Google token run rate: https://blog.google/innovation-and-ai/sundar-pichai-io-2026/ [19B/min x 60 x 24 x 365 is upper bound 10Qa, lower bound say 5Qa] OpenAI token run rate: https://openai.com/index/accelerating-the-next-phase-ai/ [15B/min x 60 x 24 x 365 is upper bound 7.8Qa, lower bound say 4Qa] Microsoft Azure Foundry: https://www.crn.com/news/ai/2026/microsoft-q2-earnings-ceo-nadella-defends-ai-investments (recently reported 250 customers over 1T, not total tokens) https://www.microsoft.com/en-us/investor/events/fy-2025/earnings-fy-2025-q3 (was 400T growing 5x 1yr ago, assuming the same growth)
Qa = quadrillionhttps://menlovc.com/perspective/openrouter-now-processes-more-than-a-quadrillion-tokens-a-year/
NYT announcement: https://www.nytimes.com/2026/05/26/business/dealbook/openrouter-ai-models-fundraising.html
Menlo blog post: https://menlovc.com/perspective/openrouter-now-processes-more-than-a-quadrillion-tokens-a-year/
Surprised open router is only at $1.3B given the wild rounds going on.
They have more of a business (both present and future) than ~99% of AI companies.
OpenRouter raised $113M led by CapitalG, a source says at a $1.3B valuation, and now processes 25T tokens across 400+ models weekly, up from 5T six months ago (@m_delamerced / New York Times)
(Visit Techmeme dot com for the link and full context!)
Menlo is proud to back @OpenRouter in its $113M Series B, following our Series A lead last year.
AI is becoming a multi-model world, and OpenRouter is the infrastructure that makes it work — whether you're a developer or a trillion-dollar enterprise.
Congrats to @alexatallah, @cclark, and the team! More from @deedydas and @mmurph: https://mnlo.vc/openrouter-series-b
Grateful for the support from @a16z, @MenloVentures, @nvidia's venture capital arm NVentures, @ServiceNow Ventures, @MongoDB Ventures, @Snowflake Ventures, and @Databricks Ventures as we continue building infrastructure for the multi-model AI era.
Congrats to @OpenRouter on its $113M Series B! The growth has been extraordinary as developers have made them the go to service to evaluate, optimize, and access inference! Keep a close eye on this one as the feature set to support the growing landscape of open, custom, and closed models is hitting the market at just the right time. Amazing to partner w/@alexatallah @cclark and team!
Menlo is proud to back @OpenRouter in its $113M Series B, following our Series A lead last year.
AI is becoming a multi-model world, and OpenRouter is the infrastructure that makes it work — whether you're a developer or a trillion-dollar enterprise.
Congrats to @alexatallah, @cclark, and the team! More from @deedydas and @mmurph: https://mnlo.vc/openrouter-series-b
Exclusive coverage from @nytimes: https://www.nytimes.com/2026/05/26/business/dealbook/openrouter-ai-models-fundraising.html?smid=url-share
NYT announcement: https://www.nytimes.com/2026/05/26/business/dealbook/openrouter-ai-models-fundraising.html
Menlo blog post: https://menlovc.com/perspective/openrouter-now-processes-more-than-a-quadrillion-tokens-a-year/
OpenRouter is now serving 1.5 quadrillion tokens/yr!
That token run rate is: — 15-30% of Google APIs — 20-40% of OpenAI — >50% of Microsoft Azure Foundry
That's 15x larger than when we invested a year ago.
Revenue has already doubled since this $1.3B round was done in Feb!
@OpenRouter congrats team, incredible work!
Hf0 alumni killing it - legends 🧡
Today we’re announcing our $113M Series B led by @CapitalGVC.
Over the last 6 months, weekly volume on OpenRouter grew from 5T to 25T tokens as AI rapidly shifts from experimentation into production.
We’re excited for what comes next.
@OpenRouter it's a good company sir
@OpenRouter That production shift is the real story.
Models became plumbing faster than most teams updated their controls. The next edge is routing, observability, and governance — not just picking the smartest model.
OpenRouter announcement:
Today we’re announcing our $113M Series B led by @CapitalGVC.
Over the last 6 months, weekly volume on OpenRouter grew from 5T to 25T tokens as AI rapidly shifts from experimentation into production.
We’re excited for what comes next.
@OpenRouter 25T tokens/week is the real signal. We have seen the same shift at encorp - AI moved from POC to production overnight in 2026. The winners are not the ones with the best models, they are the ones with the best routing, failover, and cost controls. Infrastructure eats hype.
@OpenRouter numbers are staggering
@thokani @OpenRouter @AskSurplus This is good for surplus. It validates the market. Reach out to openrouter investors once you hit 100B tokens.
