Industry2h ago
Stripe Acquires OpenRouter For $7 Billion
Stripe acquired OpenRouter for $7 billion, representing a 50x multiple of its $140 million annualized revenue. The deal follows a $1.3 billion Series B round just 90 days prior. OpenRouter maintained a 70% gross profit margin with $100 million in annualized gross profit. This acquisition integrates high-margin AI model routing into Stripe's payment infrastructure.