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OpenRouter raises $113M Series B

openrouter.ai

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Re: OpenRouter raises $113M Series B

#201
post #65

Earlier quoted context omitted.

Cursor only supports a single model (Kimi K2.5) not made by the Big 4 labs (OpenAI, Anthropic, Google, xAI). Cursor is actually extremely bad at wide model support. OpenCode is much better at it.

And its own model (Composer 2.5)

Cursor is functionally "one of the big 4 labs" (SpaceX).

Re: OpenRouter raises $113M Series B

#203

Earlier quoted context omitted.

Would you recommend Kagi Ultimate over OpenRouter? I'm already a customer of Kagi and would rather give them my money, but only if I'm not really compromising.

> Would you recommend Kagi Ultimate over OpenRouter? For personal use, yes. The all-in pricing model encourages experimentation. And the privacy pitch seems tighter.

The privacy part is definitely important. Appreciate you!

Maybe someday the VM I run agents in will have a dedicated GPU so that I can stop using APIs altogether. One can dream...

Re: OpenRouter raises $113M Series B

#206

Earlier quoted context omitted.

I would recommend tracking this data over time. I work on Cloudflare's KV cache for Kimi K2.6, and while there are periods where our cache rate is low, we are frequently in the 80-90% range. OpenRouter shows us at 87.3% at the time of this post. We observe cache rates change quite a bit from hour to hour.

True for Kimi, but the results I published are average across the models (CF has over 10 models on openrouter). Your current Kimi K2.6 is over 80% but Gemma 4 26B A4B is 0%. https://openrouter.ai/google/gemma-4-26b-a4b-it This is also the reason providers like Anthropic scored lower because while Opus 4.7 is close to 90%, Opus 4.5 is 45%

My point was not about our ranking specifically, but the methodology of taking a point-in-time sample.

Re: OpenRouter raises $113M Series B

#208

Earlier quoted context omitted.

What will OpenRouter use the $100m for? You say that it "makes the company extremely durable" and is "good validation to employees", but I'd imagine that there are more interesting things to do with 100 million dollars.

seriously. you don’t raise $100m just to be safe unless you’re bleeding cash or you lied to the investors.

there are companies who raised xxxM$ and never had to touch the money because they were already profitable.

Re: OpenRouter raises $113M Series B

#209
post #6

It took me quite a while to come round to OpenRouter. Originally I didn't understand why anyone would put a proxy between them and an LLM, but it actually adds some quite significant value: 1. By far the lowest friction way to support and try out all the models. 2. They offer billing caps! Most model providers still don't do this [EDIT: maybe they do, see reply comment], but if you're going to run anything in public…

Did you know that if you put some money into your OpenAI account it expires after a year? I was very annoyed when that happened, no refund no warning it’s just gone as if it was a promo credit.

Openrouter is very nice since it puts a barrier between you and those suppliers that were supposed to be like utilities. I got the feeling that if OpenAI was left alone they would be nice as a telco.

Re: OpenRouter raises $113M Series B

#210
post #6

It took me quite a while to come round to OpenRouter. Originally I didn't understand why anyone would put a proxy between them and an LLM, but it actually adds some quite significant value: 1. By far the lowest friction way to support and try out all the models. 2. They offer billing caps! Most model providers still don't do this [EDIT: maybe they do, see reply comment], but if you're going to run anything in public…

Unfortunately the model companies will simply reinject the friction by mandating BYOK (Bring Your Own Key -- i.e. the end user must onboard with each model company individually).

OpenAI and Anthropic have already done this.

Mandated BYOK will sink OpenRouter.

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