OpenRouter, a platform that helps companies select among many AI models for specific software tasks, raises $113 million in new funding, according to multiple reports. The company announces its Series B round on May 26, and says the capital will support expansion of its “routing, governance, and optimization” capabilities as more businesses deploy AI in products and services.
One source identifies an investment arm of Alphabet as a backer of the round. OpenRouter’s service is positioned as a marketplace or exchange for AI models, aiming to help organizations choose appropriate models for different workloads rather than relying on a single provider or model.
The reports also describe the broader context for the funding as growing enterprise demand for AI tooling that can manage model selection and usage. In discussing the need for such capabilities, one outlet references an external Deloitte study and notes that a majority of respondents in the cited research expect AI adoption to expand over time. The combined coverage does not add further details on valuation, specific terms, or other participating investors beyond Alphabet’s investment arm.
