OpenRouter Raises $113M at $1.3B, Now Processing 25T Tokens per Week

OpenRouter Raises $113M at $1.3B, Now Processing 25T Tokens per Week

OpenRouter raised $113 million at a $1.3 billion valuation in a round led by CapitalG, the New York Times reported. The multi-provider LLM routing platform now processes 25 trillion tokens per week across more than 400 models — a fivefold increase from the 5 trillion tokens per week it processed six months ago. The growth reflects rapid enterprise adoption of multi-model routing as a cost-optimization and redundancy strategy.

Why It Matters

OpenRouter's fivefold token-volume growth in six months, combined with a $1.3 billion valuation, confirms that multi-provider LLM routing has become a production-grade infrastructure layer — not just a developer convenience — with real governance and cost management value at scale.