Stripe eyes OpenRouter at $10B, 70x the startup's revenue
What's the deal? Stripe is reportedly in talks to acquire OpenRouter for around $10 billion, according to The InformationDealroom has a profile for this one. Try Dealroom →. OpenRouter operates an AI gateway that gives developers a single access point to models from multiple providers.
The numbers. OpenRouter's annualised revenue has reached approximately $140 million, putting the reported acquisition value at roughly 70 times revenue. The company raised $113 million in a Series B led by CapitalG in May 2026 at a reported $1.3 billion valuation.
Why it matters. The reported transaction would give Stripe a model-routing layer alongside its payments and financial infrastructure, while giving OpenRouter access to a company operating at much greater scale. The discussions were not described as a completed transaction.
Read more: The Information
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