capital · May 20, 2026
OpenRouter Nears $1.3 Billion Valuation With $120 Million Funding Round Led by CapitalG
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Inc. published on April 2, 2026 that OpenRouter is finalizing a $120 million funding round at a $1.3 billion valuation led by CapitalG, Google's venture fund. OpenRouter generates over $50 million ARR, up from $10 million in October 2025, and supports hundreds of AI models including those from OpenAI and Anthropic. The company introduced the Fusion feature for invoking multiple models simultaneously and synthesizing responses, with MiMo-V2-Pro as the most popular model during its best usage week yet. OpenRouter previously raised $40 million at a $500 million valuation in June 2025.
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