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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
The AI model market platform OpenRouter has completed a $40 million financing round, led by Andreessen Horowitz and Menlo Ventures.
On June 27, according to The Wall Street Journal, the AI model market platform OpenRouter completed $40 million in seed and Series A financing, with a valuation of about $500 million. This round of financing was led by Andreessen Horowitz and Menlo Ventures, with participation from Sequoia and several well-known industry investors. The funds will be used for product development, introducing new model types, and expanding enterprise support. OpenRouter was founded in 2023 by OpenSea co-founder and CTO Alex Atallah and Louis Vichy, providing a unified interface connecting more than 400 large language models (LLM) to help developers and enterprises simplify multi-model integration. Since its launch, the company has attracted over 1 million developers using its API, with annual inference spending rising from $10 million in October 2024 to over $100 million by May 2025. Clients range from startups to multinational corporations, supporting routing for mission-critical traffic.