REGULATION
Key Metrics
Revenue run-rate
~$1B (beyond core payments, on track for 2026)
Total funding
$9.8B
As of Aug 12, 2026Value Add Pulse research
Company Snapshot
Stripe is a Fintech company, based in San Francisco, CA & Dublin, Ireland, founded 2010. Latest valuation ~$159B (As of Feb 2026, CNBC — Stripe $159B tender (Feb 2026)). Total funding $9.8B (As of Aug 12, 2026).
Recent changes
- Aug 19, 2026Aug 19, 2026Stripe-OpenRouter Deal Confirmed at $7.5B, Final Terms Revealed Pulse story
- Aug 16, 2026Aug 16, 2026Stripe Buys OpenRouter in $7B AI Gateway Deal Pulse story
- Aug 14, 2026Aug 14, 2026PayPal-Stripe-Advent Buyout Talks Heat Up Again Pulse story
- Aug 12, 2026Aug 12, 2026First reported total funding: $9.8B Value Add Pulse enrichment
- Jul 24, 2026Jul 24, 2026Stripe in Talks to Buy OpenRouter for $10B Pulse story
Earlier changes (8)
- Jul 20, 2026Jul 20, 2026PayPal's Board Meets Today to Weigh Stripe's $53B Bid Pulse story
- Jul 15, 2026Jul 15, 2026Stripe's Deal Pace Accelerates With Reported $53B PayPal Bet Pulse story
- Jun 5, 2026Jun 5, 2026Invested in Supabase (Series F, $500M) TechCrunch
- Feb 24, 2026Feb 24, 2026Tender offer for an undisclosed amount Value Add Pulse enrichment
- Feb 2026Feb 2026First reported valuation: ~$159BEstimated CNBC — Stripe $159B tender (Feb 2026)
- 20262026First reported run rate: ~$1B (beyond core payments, on track for 2026)Estimated CNBC — Stripe $159B tender (Feb 2026)
- Feb 27, 2025Feb 27, 2025Tender offer for an undisclosed amount Value Add Pulse enrichment
- Mar 15, 2023Mar 15, 2023Raised $6.5B Series I at a $50B valuation Value Add Pulse enrichment
Funding History
3 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Feb 24, 2026 | tender offer | — | $159B | Value Add Pulse research | |
| Feb 27, 2025 | tender offer | — | $91.5B | Value Add Pulse research | |
| Mar 15, 2023 | Series I | $6.5B | $50B | Value Add Pulse research |
Investors
Latest Pulse
- Aug 29, 2026Tariffs Just Entered Every AI Infrastructure DealA proposed expansion of chip tariffs to laptops, servers and consoles lands the same week OpenAI's chip beat Nvidia's Blackwell in benchmarks and Stripe dropped its $53B PayPal bid -- three signs AI just got costlier to build and buy into.→
- Aug 28, 2026Stripe Walks Away From Its $53B PayPal BidThe Stripe-Advent consortium has dropped its pursuit of PayPal after a 40% stock rally priced the group's $60.50-a-share, roughly $53 billion offer out of reach for what would have been one of the largest leveraged buyouts ever.→
- Aug 28, 2026Open-Weight Labs Become the Valley's Acquisition TargetNvidia's reported $13 billion Hugging Face agreement, its $6 billion Poolside deal and Stripe's $7 billion-plus OpenRouter purchase have consolidated the open-model layer, even as enterprise adoption sits at 6%.→
- Aug 20, 2026Why I'd Rather Back the Acquirer Than Wait for the IPOBetween Stripe buying OpenRouter and SpaceX buying Anysphere, $67.5B moved through M&A in six weeks. Anthropic's IPO won't price until November at the earliest. As an early check-writer, I'd rather back the company doing the buying.→
- Aug 20, 2026Inside OpenRouter's Cap Table Ahead of a SaleNewcomer's deep dive into OpenRouter's cap table shows how quickly the AI model-routing startup's ownership structure evolved en route to Stripe's roughly $7.5B acquisition, with early seed investors sitting on outsized returns.→
- Aug 20, 2026What $67B in AI Buyouts Says About Where Value Is MovingStripe's $7.5B OpenRouter deal and SpaceX's $60B Anysphere buyout total $67.5B in AI M&A in six weeks, while Etched's $21B venture valuation shows the same distribution/infrastructure bet playing out in funding rounds too.→
- Aug 19, 2026Stripe-OpenRouter Deal Confirmed at $7.5B, Final Terms RevealedStripe's acquisition of AI model gateway OpenRouter is now confirmed at roughly $7.5B, with $1.5B going to founders and $6B to investors -- a 5.4x markup over its three-month-old Series B valuation.→
- Aug 18, 2026Warp Ships an Out-of-the-Box AI Software FactoryWarp launched Warp Factories, an infrastructure layer that packages the agent loops, memory, evals and cloud orchestration behind the software-factory model that Stripe and Ramp built in house.→
- Aug 17, 2026AI's Best Exits Are Trades, Not ListingsStripe's $7 billion purchase of OpenRouter, SpaceX's Cursor deal and consolidation among eVTOL makers point to strategic acquisition replacing the public offering as the primary liquidity path for AI-era companies.→
- Aug 16, 2026Stripe Buys OpenRouter in $7B AI Gateway DealStripe has agreed to acquire OpenRouter, the routing layer that lets developers switch between AI models through one API, for more than $7 billion -- roughly five times the $1.3 billion valuation OpenRouter carried in May.→
Coverage Timeline
newest first- Aug 29, 2026REGULATIONTariffs Just Entered Every AI Infrastructure Deal→
- Aug 28, 2026BIG TECHStripe Walks Away From Its $53B PayPal Bid→
- Aug 28, 2026AIOpen-Weight Labs Become the Valley's Acquisition Target$26B+ in deals→
- Aug 20, 2026IPOWhy I'd Rather Back the Acquirer Than Wait for the IPO→
- Aug 20, 2026FUNDINGInside OpenRouter's Cap Table Ahead of a Sale→
- Aug 20, 2026BIG TECHWhat $67B in AI Buyouts Says About Where Value Is Moving→
- Aug 19, 2026BIG TECHStripe-OpenRouter Deal Confirmed at $7.5B, Final Terms Revealed$7.5B acquisition→
- Aug 18, 2026AIWarp Ships an Out-of-the-Box AI Software Factory→
- Aug 17, 2026IPOAI's Best Exits Are Trades, Not Listings$7B+ largest AI trade sale→
- Aug 16, 2026BIG TECHStripe Buys OpenRouter in $7B AI Gateway Deal$7B+ acquisition→
- Aug 14, 2026BIG TECHPayPal-Stripe-Advent Buyout Talks Heat Up Again$53B (prior bid)→
- Jul 28, 2026BIG TECHPayPal Leaves Door Open To Higher Buyout Offer$53B+ bid→
- Jul 24, 2026AIStripe in Talks to Buy OpenRouter for $10B$10B Acquisition Talks→
- Jul 21, 2026IPOGoldman Sachs Launches Private Markets Platform for Rich Investors→
- Jul 21, 2026IPOGoldman Sachs Builds Private Markets Platform to Chase the Next SpaceX→
- Jul 20, 2026FUNDINGNatural Raises $30M to Build Payments Rails for AI Agents$30M Series A→
- Jul 20, 2026FUNDINGNatural Raises $30M to Build Payment Rails for AI Agents$30M Series A→
- Jul 20, 2026BIG TECHPayPal's Board Meets Today to Weigh Stripe's $53B Bid$53.4B buyout bid→
- Jul 15, 2026IPOStripe's Deal Pace Accelerates With Reported $53B PayPal Bet~$53B reported deal→
All Coverage
REGULATION
Tariffs Just Entered Every AI Infrastructure Deal
A proposed expansion of chip tariffs to laptops, servers and consoles lands the same week OpenAI's chip beat Nvidia's Blackwell in benchmarks and Stripe dropped its $53B PayPal bid -- three signs AI just got costlier to build and buy into.
DEEP DIVE
BIG TECH
Stripe Walks Away From Its $53B PayPal Bid
BIG TECH
Stripe Walks Away From Its $53B PayPal Bid
The Stripe-Advent consortium has dropped its pursuit of PayPal after a 40% stock rally priced the group's $60.50-a-share, roughly $53 billion offer out of reach for what would have been one of the largest leveraged buyouts ever.
FOLLOW-UP
AI
Open-Weight Labs Become the Valley's Acquisition Target
AI$26B+ in deals
Open-Weight Labs Become the Valley's Acquisition Target
Nvidia's reported $13 billion Hugging Face agreement, its $6 billion Poolside deal and Stripe's $7 billion-plus OpenRouter purchase have consolidated the open-model layer, even as enterprise adoption sits at 6%.
FOLLOW-UP
IPO
Why I'd Rather Back the Acquirer Than Wait for the IPO
IPO
Why I'd Rather Back the Acquirer Than Wait for the IPO
Between Stripe buying OpenRouter and SpaceX buying Anysphere, $67.5B moved through M&A in six weeks. Anthropic's IPO won't price until November at the earliest. As an early check-writer, I'd rather back the company doing the buying.
TRACE'S TAKE
FUNDING
Inside OpenRouter's Cap Table Ahead of a Sale
FUNDING
Inside OpenRouter's Cap Table Ahead of a Sale
Newcomer's deep dive into OpenRouter's cap table shows how quickly the AI model-routing startup's ownership structure evolved en route to Stripe's roughly $7.5B acquisition, with early seed investors sitting on outsized returns.
FOLLOW-UP
BIG TECH
What $67B in AI Buyouts Says About Where Value Is Moving
BIG TECH
What $67B in AI Buyouts Says About Where Value Is Moving
Stripe's $7.5B OpenRouter deal and SpaceX's $60B Anysphere buyout total $67.5B in AI M&A in six weeks, while Etched's $21B venture valuation shows the same distribution/infrastructure bet playing out in funding rounds too.
DEEP DIVE
BIG TECH
Stripe-OpenRouter Deal Confirmed at $7.5B, Final Terms Revealed
BIG TECH$7.5B acquisition
Stripe-OpenRouter Deal Confirmed at $7.5B, Final Terms Revealed
Stripe's acquisition of AI model gateway OpenRouter is now confirmed at roughly $7.5B, with $1.5B going to founders and $6B to investors -- a 5.4x markup over its three-month-old Series B valuation.
FOLLOW-UP
AI
Warp Ships an Out-of-the-Box AI Software Factory
AI
Warp Ships an Out-of-the-Box AI Software Factory
Warp launched Warp Factories, an infrastructure layer that packages the agent loops, memory, evals and cloud orchestration behind the software-factory model that Stripe and Ramp built in house.
DEEP DIVE
IPO
AI's Best Exits Are Trades, Not Listings
IPO$7B+ largest AI trade sale
AI's Best Exits Are Trades, Not Listings
Stripe's $7 billion purchase of OpenRouter, SpaceX's Cursor deal and consolidation among eVTOL makers point to strategic acquisition replacing the public offering as the primary liquidity path for AI-era companies.
DEEP DIVE
BIG TECH
Stripe Buys OpenRouter in $7B AI Gateway Deal
BIG TECH$7B+ acquisition
Stripe Buys OpenRouter in $7B AI Gateway Deal
Stripe has agreed to acquire OpenRouter, the routing layer that lets developers switch between AI models through one API, for more than $7 billion -- roughly five times the $1.3 billion valuation OpenRouter carried in May.
DEEP DIVE
BIG TECH
PayPal-Stripe-Advent Buyout Talks Heat Up Again
BIG TECH$53B (prior bid)
PayPal-Stripe-Advent Buyout Talks Heat Up Again
Talks to sell PayPal to Stripe and private-equity firm Advent International have reignited, TechCrunch reports, weeks after PayPal's board left the door open to a higher offer than the $53 billion joint bid it rejected in July.
FOLLOW-UP
BIG TECH
PayPal Leaves Door Open To Higher Buyout Offer
BIG TECH$53B+ bid
PayPal Leaves Door Open To Higher Buyout Offer
PayPal CEO Enrique Lores said the company remains 'open and objective' to evaluating acquisition offers after posting a beat-and-raise quarter, following a rejected $53 billion joint bid from Stripe and Advent International.
AI
Stripe in Talks to Buy OpenRouter for $10B
AI$10B Acquisition Talks
Stripe in Talks to Buy OpenRouter for $10B
Stripe is reportedly in talks to acquire AI model marketplace OpenRouter for roughly $10 billion, nearly 8x the startup's $1.3 billion valuation from a round just two months earlier.
IPO
Goldman Sachs Launches Private Markets Platform for Rich Investors
IPO
Goldman Sachs Launches Private Markets Platform for Rich Investors
Goldman Sachs created a private markets platform to give wealthy investors exposure to pre-IPO companies like the next SpaceX or Stripe, formalizing Wall Street's push into late-stage private deals.
IPO
Goldman Sachs Builds Private Markets Platform to Chase the Next SpaceX
IPO
Goldman Sachs Builds Private Markets Platform to Chase the Next SpaceX
Goldman Sachs launched a new alternative investments platform giving wealthy clients direct stakes in individual private companies rather than broad funds, as investors clamor for pre-IPO access to names like SpaceX and Stripe.
FUNDING
Natural Raises $30M to Build Payments Rails for AI Agents
FUNDING$30M Series A
Natural Raises $30M to Build Payments Rails for AI Agents
A 193-day-old startup raised $30 million from Forerunner to build payments infrastructure for AI agents, positioning directly against Stripe.
FUNDING
Natural Raises $30M to Build Payment Rails for AI Agents
FUNDING$30M Series A
Natural Raises $30M to Build Payment Rails for AI Agents
Natural raised a $30 million Series A from Forerunner to build an orchestration layer letting AI agents move money and settle transactions without a human authorizing each step, positioning directly against Stripe.
BIG TECH
PayPal's Board Meets Today to Weigh Stripe's $53B Bid
BIG TECH$53.4B buyout bid
PayPal's Board Meets Today to Weigh Stripe's $53B Bid
PayPal's board is convening as soon as today to weigh a $53 billion buyout offer from Stripe and Advent International at $60.50 a share, a bid that would make Stripe co-owner of the payments company it once tried to disrupt.
IPO
Stripe's Deal Pace Accelerates With Reported $53B PayPal Bet
IPO~$53B reported deal
Stripe's Deal Pace Accelerates With Reported $53B PayPal Bet
Stripe's acquisition pace has accelerated meaningfully, with nothing rivaling its reported interest in a roughly $53 billion PayPal-related deal, a scale of ambition unusual for a still-private fintech giant.
Value Add Research
- AI & Technology · Aug 28, 2026Stripe's $8B+ OpenRouter Acquisition: Why the Price Jumped 6x in 3 Months
- AI & Technology · Jul 28, 2026$4.7B Vibe Coding Market — What Founders Build
- AI & Technology · Jul 21, 2026$100B+ Stripe — How It Makes Money (2026)
- Market & Trends · Jul 21, 2026Podcast Monetization in 2026: $4.2B in Ad Revenue, $50-120 CPMs, and What Actually Works
- Market & Trends · Jul 11, 2026$310B Creator Economy — YouTube, Patreon & Revenue (2026)
- Market & Trends · Jul 7, 2026Embedded Finance 2026: Every Company Becoming a Fintech — What's Actually Working
- AI & Technology · Jun 29, 2026Free vs $64/Month: Databox vs Google Looker Studio
- AI & Technology · Jun 27, 2026Databox AI Genie: What It Does and How It Compares to Traditional BI Tools
Related Companies
Trace's Take
Stripe is the rare megacap that has earned the right to stay private — profitable, growing 30%+ on a $1.9T base, with tender offers giving employees liquidity without the public-market microscope. The interesting tell is the software run-rate hitting ~$1B: payments is the wedge, but the suite is the margin story, and it's what would eventually justify a trillion-dollar IPO whenever they decide they want one.
Sources & methodologyshow
Where these figures come from
- CNBC — Stripe $159B tender (Feb 2026)major outlet2 facts
- Value Add Pulse researchValue Add VC data4 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.