Bloomberg reports Stripe-OpenRouter deal valued at over $7B
This digest was compiled by AI from multiple sources — links to the originals are below.
Bloomberg reported that Stripe has finalized a deal to acquire OpenRouter for more than $7 billion. The Wall Street Journal reported last month that the companies were in acquisition talks. A Stripe spokesperson told TechCrunch the company does not comment on rumors or speculation.
Key Facts
- Bloomberg reported the acquisition is valued at more than $7 billion.
- OpenRouter raised a $113 million Series B in May at a reported $1.3 billion valuation.
- The startup claimed 8 million global users and access to more than 400 AI models.
- Investors in OpenRouter's Series B include Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet's Capital G.
The Reported Deal
Bloomberg reported that Stripe has finalized a deal to acquire OpenRouter for more than $7 billion. The Wall Street Journal reported last month that Stripe and OpenRouter were in acquisition talks. A Stripe spokesperson told TechCrunch that the company does not comment on rumors or speculation.
OpenRouter's Platform and Investors
OpenRouter helps customers select different AI models based on their needs and budget. The startup claimed to have 8 million global users and to provide access to more than 400 models. The company announced in May that it had raised a $113 million Series B at a reported $1.3 billion valuation. Investors in that round included Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet's Capital G. CEO Alex Atallah described OpenRouter as the equivalent of Stripe for AI because it prevents lock-in.
4 sources
Bloomberg reports Stripe-OpenRouter deal valued at over $7B
