Stripe: Reported Acquisition Deal for OpenRouter Exceeds $7 Billion

A deal price of over $7 billion is being discussed for Stripe's acquisition of OpenRouter, though there has been no official confirmation. Talks were reported last month. OpenRouter offers a gateway to multiple AI models and claims millions of users. In May, the startup announced it raised $113 million at an estimated valuation of $1.3 billion.

A deal price of over $7 billion is mentioned, Stripe declines to comment

Reports indicate that discussions between Stripe and OpenRouter have led to an agreement valued at over $7 billion. A buyout deal is said to have been finalized. When asked about this, Stripe stated through a spokesperson that it does not comment on rumors or speculation. Last month, the Wall Street Journal had already reported on acquisition talks between the two companies.

OpenRouter centralizes access to models and claims a large user base

OpenRouter allows customers to choose from different AI models based on their needs and budget. Its CEO, Alex Atallah, presented the company as a single access point to various systems, helping to avoid vendor lock-in. He also described OpenRouter as the equivalent of Stripe for AI. The startup claims access to over 400 models and asserts it has 8 million users worldwide.

$113 million raised in May, estimated valuation of $1.3 billion

OpenRouter announced in May that it had raised $113 million in a Series B funding round. At that time, the company was valued at $1.3 billion. Among the investors were Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet's Capital G.