Live data from Hacker News

OpenRouter raises $113M Series B

openrouter.ai

51–60 of 279 posts

Re: OpenRouter raises $113M Series B

#51
post #9

Is the Open in OpenRouter the same as in Open AI? I couldn’t find any repository or hosted code. Thought it'd be a open source, self hostable tool with a cloud offering but seems its just the latter?

Open as in single API layer which allows you to swap the model under it.

Re: OpenRouter raises $113M Series B

#52

Too bad api use is like 100x more expensive than subscriptions for the big 3.

Chatbot windows are a waste of time compared to API tools when trying to make stuff.

Subscribing to a vendor locks you in to sudden price swings that the big 3 are happy to do. The market needs lubrication for competition and provider routers offer that.

Re: OpenRouter raises $113M Series B

#54
Congrats to the OpenRouter team for securing this round of funding. The 5% surcharge for their pricing model may not be palatable to enterprises. In fact, the OpenRouter team could be a pivotal part of the enterprise GenAI stack if they can allow configurable, pluggable endpoints for routing directly to enterprise vetted endpoints to 1P/3P LLM APIs. A couple of large companies I’ve worked so far kinda have this system in place, albeit the dev and maintenance cost and of setting up such an “LLM gateway” could be significantly reduced with OpenRouter. I feel that this is largely an ignored, forgotten part of operating GenAI apps at scale.

Re: OpenRouter raises $113M Series B

#55
OpenRouter is our primary provider for evaluation data, and we've been really happy with them!

I'm sure they're experiencing growing pains, but a larger model selection (and faster releases for open weights models), would keep us from using other providers. For example, it took much longer than it should have to get Qwen 3.6 ~30B class models released (almost 2 weeks if I recall)

Re: OpenRouter raises $113M Series B

#56
post #50
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…

And what is their business model?

Credit is prepaid at a 5% surcharge.

Re: OpenRouter raises $113M Series B

#57
post #50
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…

And what is their business model?

middle man? Model providers/hyperscalers -> OpenRouter -> consumers?

coffee farmers -> middle man -> you

Re: OpenRouter raises $113M Series B

#58
post #50
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…

And what is their business model?

Commission on API calls extracted from you when you charge your account.

Re: OpenRouter raises $113M Series B

#59
I like OpenRouter - lets me test out new model quickly and easily. I would still need a good functioning mobile application for it.

I think they should go in this direction: they should make their own Model Agnostic versions of whatever functionalities other AI companies are making. Examples

1. personal chat app

2. the chat app working with their own implementation of memory

3. coding harnesses that are model agnostic

When I think of OpenRouter, I should think of "model agnostic LLM tools".

Re: OpenRouter raises $113M Series B

#60
post #43

Earlier quoted context omitted.

Good points. The easy experimentation factor is helpful for development, though I would gently encourage everyone to migrate to the 1st party APIs for pricing at scale. OpenRouter is also a good place to find free LLM access with a catch: You should expect that any inputs and outputs are going into someone's training database. Clearly anyone who can pay should be using paid models with privacy protections, but the fr…

> You should expect that any inputs and outputs are going into someone's training database. True enough, in theory; but what exactly are you imagining would be a useful-enough signal in the OpenRouter request+response stream, that any company would want their data as training material? Even a single OpenRouter-API-key-identified subscriber's traffic, may consist of an mixture of traffic from multiple different sessio…

[dead]
Post reply on HN