/Companies

OpenRouter

Unicorn exit · $7.5B

New York, US · Founded 2023 · Delaware corporation · 45 employees · 15 known investors

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Acquisition announced by Stripe August 2026 · terms undisclosed — press reports $7-8B, most precisely $7.5B per NYT · source ↗

OpenRouter operates an AI gateway that allows developers to access and compare hundreds of language models from multiple providers in a single platform. The service eliminates vendor lock-in while offering improved pricing, uptime, and reliability for companies and developers.

Founders & leadership

OpenRouter was founded in 2023 by Alex Atallah and Louis Vichy.

AAAlex Atallah
Alex AtallahCEO, Co-FounderAlex Atallah is co-founder and CEO of OpenRouter, an AI gateway that lets developers access and compare language models from multiple providers; he founded the company in early 2023. He previously co-founded the NFT marketplace OpenSea, where he helped grow the platform's monthly volume between 2017 and 2022.
LVLouis Vichy
Louis VichyCo-FounderCo-Founder of OpenRouter

Board

CC
Christopher ClarkBoard director
MMMatthew Murphy
Matthew MurphyBoard directorPartner at Menlo Ventures
AMAnjney Midha
Anjney MidhaBoard directorGeneral Partner at Andreessen Horowitz

Investors · 15

Pace CapitalreportedNew York

How we know: offering press articles · openrouter.ai · Not right? Tell us

Also in the syndicate · 2

AMP PBCNVentures

Reported raises · per SEC filings

Form D private placements

$143.1M disclosed across 2 rounds · 2025–2026

▶$113.5MraisedJul 2026 · 20 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander AtallahExecutive Officer, Director
  • Christopher ClarkExecutive Officer, Director
  • Matthew MurphyDirector
  • Anjney MidhaDirector
Offering amount
$117M
Amount sold
$113.5M
First sale
Mar 2026
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$29.6MraisedAug 2025 · 30 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher ClarkDirector
  • Alexander AtallahExecutive Officer, Director
  • Matthew MurphyDirector
  • Anjney MidhaDirector
Offering amount
$47.6M
Amount sold
$29.6M
First sale
May 2025
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$1.3Bvaluation at Series BMay 2026
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Founder mafia

2 people who came through OpenRouter went on to found or lead other companies.

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Companies working in the same space as OpenRouter.

In the news

Frequently asked questions

What does OpenRouter do?
OpenRouter operates an AI gateway that allows developers to access and compare hundreds of language models from multiple providers in a single platform. The service eliminates vendor lock-in while offering improved pricing, uptime, and reliability for companies and developers.
Who founded OpenRouter?
OpenRouter was founded by Alex Atallah, Louis Vichy in 2023.
Who are OpenRouter's investors?
OpenRouter's investors include Andreessen Horowitz, CapitalG, Menlo Ventures, Raptor Group, Soma Capital, Transpose Platform Management, Databricks Ventures, MongoDB Ventures and 5 more.
How much funding has OpenRouter raised?
OpenRouter has disclosed $143.1M raised across 2 rounds.
Where is OpenRouter headquartered?
OpenRouter is headquartered in New York, US.