This Startup Helps Companies Solve an AI Dilemma—and Could Be Worth $1.3 Billion
By Ben Sherry
Published on April 2, 2026.
OpenRouter, a startup that enables companies to easily switch from AI providers to ones, is reportedly in talks to raise $120 million at a $1.3 billion valuation. The company uses a single API to connect to hundreds of AI models and is currently generating over $50 million in annualized revenue. The funding round will be led by Google's venture fund, CapitalG.
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