The post OpenRouter Completes $40M in Funding Led by Top VCs appeared on BitcoinEthereumNews.com.

Key Points: OpenRouter secures $40M in funding. Valuation reaches $500M. Led by Andreessen Horowitz and Menlo Ventures. OpenRouter secures $40M with $500M valuation, boosting AI integration efforts. Led by industry giants Andreessen Horowitz and Menlo Ventures. Expands platform for global developer access and enterprise support. OpenRouter, the AI model market platform founded in 2023, respectively closed a $40 million seed and Series A funding round, citing a valuation of $500 million. Andreessen Horowitz and Menlo Ventures spearheaded this funding initiative, reflecting significant interest in OpenRouter’s potential. Co-founder Alex Atallah, previously of OpenSea, emphasizes the growing need for standardized AI integration, stating, OpenRouter Valuation Surges to $500M with New Funding With over 1 million developers now using OpenRouter’s API, annual inference spending skyrocketed from $10 million in October 2024 to over $100 million by May 2025. This growth illustrates high demand for the platform’s multi-model routing capabilities, empowering enterprises with centralized access to 400+ language models. According to a statement from Alex Atallah, the funding enables OpenRouter to further expand its service offerings and develop new model types for its platform. Industry acknowledgment arises as the collaboration between leading investment groups like Sequoia highlights confidence in OpenRouter’s innovative approach to AI model integration. “Inference is the fastest-growing cost for forward-looking companies, and it’s often coming from four or more different models. … They’re realizing that making LLMs ‘just work’ isn’t an easy problem. … They’re ripping out home-grown solutions and bringing in OpenRouter so they can focus on their domain-specific problems, and not on LLM integration.” Ethereum Surges Amid Rising Developer Adoption Did you know? OpenRouter’s inaugural funding round valuations parallel early-stage investments by Andreessen Horowitz in API aggregators like OpenSea, emphasizing historical trends of rapid adoption in tech infrastructure. Ethereum (ETH) is trading at $2,422.96 with a market cap of…

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Filed under: News - @ June 28, 2025 12:27 am