FuriaHubStripe will reportedly acquire OpenRouter for more than $7 billion
Bloomberg told TechCrunch the payments company has finalized a deal for the AI model gateway. Stripe declined to comment; the price could still change.
On August 16 TechCrunch reported, citing Bloomberg, that Stripe has finalized a deal to acquire OpenRouter for more than $7 billion. A Stripe spokesperson told TechCrunch the company does not comment on rumors or speculation. Bloomberg said the final price could still change.
What OpenRouter is
OpenRouter is a New York startup, founded in 2023, that gives developers a single access point to more than 400 AI models and routes work by task, latency, and budget. CEO Alex Atallah has described it as “Stripe for AI.” In May the company raised a $113 million Series B at a reported $1.3 billion valuation, with Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet’s Capital G among the investors. It has claimed 8 million global users.
How the talks got here
The Wall Street Journal reported last month that Stripe and OpenRouter were in acquisition talks. Bloomberg’s August 16 account said those talks produced a deal above $7 billion — a large step up from the May valuation. Neither company confirmed the figure on the record.
- Reported price: more than $7 billion (Bloomberg)
- Last disclosed valuation: $1.3 billion (May 2026 Series B)
- 400+ models, 8 million users claimed by OpenRouter
Takeaways
- This is a reported close, not a joint announcement
- Stripe has not confirmed the deal or the price
- OpenRouter’s pitch was a lock-in-free gateway across model vendors
Source: TechCrunch
