OpenRouter Raises $120M at a $1.3B Valuation

(inc.com)

10 points | by ryanatallah 18 hours ago ago

7 comments

  • njyx 16 hours ago

    Super convenient for switching out models, and they also play a vetting function. Cool to see a useful service raising!

    • njyx 16 hours ago

      A little crazy that Google seems to be the lead investor though...

  • verdverm 18 hours ago

    I was looking at OpenRouter earlier today, after becoming frustrated with VertexAI. Similar in that they offer a menu of many models, different in that Google is running them and OpenRouter is a proxy.

    If OpenRouter is not much more than a middle man, what business model are they raising money on? Surveillance?

    • dchest 17 hours ago

      They are a marketplace for model providers, which is quite a nice business model.

      • verdverm 17 hours ago

        Being the middleman is always nice until the need is obviated. My understanding is that this is largely used to cycle through free usage tiers without getting rate-limited. Anonymous Credentials is designed to end that.

        What makes this preferable to a self hosted or framework built-in version?

        https://blog.dock.io/anonymous-credentials/

        • hu3 13 hours ago

          Convenience. They sell very convenient shovels in a goldrush.

    • polski-g 14 hours ago

      They reduce friction to using different models and providers.

      Don't want to spend 4 hours getting an API key to use Google AI? Use openrouter

      Don't trust Chinese providers with your data? Use Openrouter and blacklist non-US inference providers.