ChainCatcher report: According to The New York Times, AI model aggregation platform OpenRouter has announced the completion of a $1.13 billion Series B funding round, led by CapitalG, the growth fund under Google’s parent company, with participation from a16z, Menlo Ventures, NVentures (NVIDIA’s investment arm), and the venture arms of ServiceNow, MongoDB, Snowflake, and Databricks. The company’s valuation now exceeds $1 billion. OpenRouter stated that over the past six months, weekly platform API calls increased from 5 trillion tokens to 25 trillion tokens, reflecting a rapid acceleration of AI applications from experimental phases into production environments.
AI Model Aggregation Platform OpenRouter Secures $113M Series B Led by CapitalG
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Summary
AI model aggregation platform OpenRouter has raised $113 million in Series B funding led by CapitalG, Alphabet Inc.’s growth fund. Investors include a16z, Menlo Ventures, NVIDIA’s NVentures, and the venture arms of ServiceNow, MongoDB, Snowflake, and Databricks. The company is now valued at over $1 billion. Weekly token usage on the platform increased from 5 trillion to 25 trillion over six months. The surge in AI and crypto news underscores ongoing ecosystem expansion as more applications move into production.
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