Stripe acquires OpenRouter for $7B, five times its May valuation
Stripe is reportedly closing in on one of the biggest deals in its history, with Bloomberg reporting that the payments giant has finalized an agreement to acquire AI gateway startup OpenRouter in a transaction valued at more than $7 billion. If confirmed, the move would mark Stripe’s largest known bet on artificial intelligence infrastructure and reshape how businesses access AI models across the industry.
Key takeaways
- Stripe has reportedly finalized a deal to acquire OpenRouter, with Bloomberg pegging the price at more than $7 billion.
- OpenRouter operates an AI gateway that lets customers pick from more than 400 AI models based on task and budget.
- The startup says it has 8 million global users and was valued at about $1.3 billion after a $113 million Series B round in May.
- Investors backing OpenRouter include Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet’s Capital G.
- A Stripe spokesperson told TechCrunch the company does not comment on rumors or speculation.
Stripe Finalizes Acquisition of OpenRouter for Over $7 Billion
Bloomberg’s report says the two companies have moved past the negotiating stage and struck a deal, putting a firm number on speculation that had circulated for weeks. When Stripe acquires OpenRouter, it would be paying a valuation roughly five times higher than the figure investors assigned the startup just months earlier.
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