OpenRouter in Talks to Raise $120M at $1.3B Valuation Led by CapitalG
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OpenRouter is finalizing a $120 million funding round at a $1.3 billion valuation led by CapitalG, Google's growth-stage venture fund, as of early April 2026 reporting. The round would more than double the prior $500 million valuation from the June 2025 $40 million round led by Andreessen Horowitz and Menlo Ventures. OpenRouter reached over $50 million annualized revenue in early 2026 and powers access to 300-plus models for developers including Cursor and Cognition. The Information article details investors such as Sequoia Capital and Figma.