Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Sacra estimates that OpenRouter hit $160M in annualized revenue in August 2026, up from $50M at the end of 2025.</li><li>Stripe has agreed to acquire OpenRouter for more than $7 billion, according to people familiar with the matter, just months after the company raised funding at a reported $1.3 billion valuation.</li><li>OpenRouter is a universal API that provides developers access to 400+ different large language models from providers like OpenAI, Anthropic, Google, and 60+ other labs through a single endpoint.</li></ul>

Sacra estimates that OpenRouter hit $160M in annualized revenue in August 2026, up from $50M at the end of 2025.Stripe has agreed to acquire OpenRouter for more than $7 billion, according to people familiar with the matter, just months after the company raised funding at a reported $1.3 billion valuation.OpenRouter is a universal API that provides developers access to 400+ different large language models from providers like OpenAI, Anthropic, Google, and 60+ other labs through a single endpoint.

OpenRouter

Primer: OpenRouter - 26 Aug 2026