OpenRouter raises $113M to bring order to enterprise AI inference routing
Artificial intelligence inference routing startup OpenRouter Inc. today announced it raised $113 million in new funding led by CapitalG, Alphabet Inc.’s independent growth fund, to push the envelope for providing access to generative AI models.
Additional investors participating in the Series B round included Nvidia Corp.’s venture capital arm NVentures, ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures and Databricks Ventures, alongside existing investors Andreessen Horowitz and Menlo Ventures.
OpenRouter provides a quick and easy interface for individual developers and enterprise businesses to access, route to and optimize for centralized closed-source AI model providers and open-source models. It has a marketplace of hundreds of models and providers, allowing AI apps and agents to pick and choose the best possible model and provider through a single unified interface.
At the same time, the company’s interface provides a single pane for billing, tracking usage and inference and enforcing rules. Organizations can add policies such as per-request data handling policies, team-level access and routing permissions, providing a way to cap spending, gain spend-level visibility and support audit-friendly usage reporting, alongside intelligent routing to improve cost and performance.
