Stripe Bids Nearly $10 Billion for OpenRouter

businessmergers-acquisitionsrumorsaiai-infrastructureai-inference-platforms 4 posts · 3 accounts

Stripe is in talks to buy OpenRouter for nearly $10 billion, valuing the AI startup at roughly 70 times its $140 million in recent annualized revenue.

The proposed price reflects high software-like gross margins and rapid growth, with monthly revenue nearly tripling since April. The financial details were reported by The Information.

From the sources (4 posts)

@techmeme

Source: OpenRouter was recently generating ~$140M in annualized revenue, or ~$12M per month, up nearly 3x since April, making Stripe's $10B offer a big premium (The Information) (Visit Techmeme dot com for the link and full context!)

@theinformation

Exclusive: Stripe has discussed paying nearly $10 billion for OpenRouter, a price that values the AI startup at roughly 70 times its recent annualized revenue. The premium reflects OpenRouter's unusually strong margins and strategic role

@yueqi_yang

More details on Stripe/OpenRouter: OpenRouter was recently generating about $140 million in annualized revenue, according to a source. That means if Stripe ends up buying OpenRouter for ~$10b, it'd be paying a substantial premium of 70x

@theinformation

Exclusive: OpenRouter was recently generating about $140 million in annualized revenue while posting software-like gross margins. Those financials help explain why Stripe is considering a price tag approaching $10 billion. Full details:

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