Industry2h ago
Stripe Acquires OpenRouter For $7 Billion
Stripe acquired OpenRouter for $7 billion, 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, generating $100 million in annualized gross profit. This consolidation integrates high-margin AI model routing directly into payment infrastructure.