Aug 16 2026

Stripe finalizes its acquisition of OpenRouter for more than $7 billion, five times the model-routing gateway's valuation from its May Series B

MONEYINFRA

Original reporting

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Bloomberg reported the deal as finalized; the Wall Street Journal reported the talks in July. OpenRouter routes roughly 8 million users across more than 400 models and raised $113M at $1.3B in May. The neutral metering layer of the model market now belongs to a payments company.

Named in this event

StripeOpenRouter

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