About OpenMeter

OpenMeter provides a metering solution that enables developers to implement usage-based billing for AI, API, and infrastructure consumption by collecting and aggregating event data in real-time. This technology allows businesses to accurately track usage, enforce limits, and optimize revenue while minimizing the complexity of billing processes.

<problem> Many companies struggle with implementing and managing usage-based pricing models for their AI, API, and infrastructure offerings, leading to inaccurate billing, revenue leakage, and complex manual processes. Existing solutions often lack the flexibility to handle diverse event data and the real-time capabilities needed for accurate metering and limit enforcement. This complexity hinders product teams from quickly iterating on pricing strategies and offering customized deals. </problem> <solution> OpenMeter provides a metering solution designed for developers and product teams to implement flexible usage-based billing. The platform collects and aggregates event data in real-time, enabling businesses to accurately track usage of AI tools, APIs, and infrastructure components. OpenMeter integrates with existing infrastructure and offers SDKs for popular programming languages, allowing developers to turn events, logs, and metrics into revenue streams. The solution also includes features for building real-time customer dashboards, tracking balances and credits, and enforcing usage limits to prevent overages. </solution> <features> - Real-time event ingestion and aggregation for accurate usage tracking - SDKs for Node.js, Python, and Go to facilitate integration with existing applications - Flexible product catalog to support various pricing models, including plans, credits, and usage-based pricing - Low-latency limit enforcement for APIs and infrastructure to prevent overages - Real-time customer dashboards with embeddable components and React hooks - Collectors for popular AI tools, cloud infrastructure, and frameworks, such as Kubernetes, S3, and Langchain - Integration with CRM, tax, and payment providers, including Stripe - Open-source core available under the Apache 2.0 license for self-hosted deployments </features> <target_audience> OpenMeter targets developers, product teams, and revenue operations teams at AI, API, and infrastructure companies that require flexible and scalable usage-based billing solutions. </target_audience>

What does OpenMeter do?

Where is OpenMeter located?

OpenMeter is based in San Francisco, United States.

When was OpenMeter founded?

OpenMeter was founded in 2023.

How much funding has OpenMeter raised?

OpenMeter has raised $3.0M.

Who founded OpenMeter?

OpenMeter was founded by András Tóth and Peter Marton.

András Tóth - Co-Founder/CTO
Peter Marton - Co-Founder/CEO

Location

San Francisco, United States

Founded

2023

Funding

$3.0M

Employees

5 employees

Investors

Haystack Y Combinator

OpenMeter

San Francisco, United StatesFounded 20235700+ followers10/10 TractionRelative Traction Score based on online presence metrics compared to companies in the same age group.

Updated 20 months ago

Funding

$3.0M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

Product

Problem

Many companies struggle with implementing and managing usage-based pricing models for their AI, API, and infrastructure offerings, leading to inaccurate billing, revenue leakage, and complex manual processes. Existing solutions often lack the flexibility to handle diverse event data and the real-time capabilities needed for accurate metering and limit enforcement. This complexity hinders product teams from quickly iterating on pricing strategies and offering customized deals.

Solution

OpenMeter provides a metering solution designed for developers and product teams to implement flexible usage-based billing. The platform collects and aggregates event data in real-time, enabling businesses to accurately track usage of AI tools, APIs, and infrastructure components. OpenMeter integrates with existing infrastructure and offers SDKs for popular programming languages, allowing developers to turn events, logs, and metrics into revenue streams. The solution also includes features for building real-time customer dashboards, tracking balances and credits, and enforcing usage limits to prevent overages.

Target Audience

OpenMeter targets developers, product teams, and revenue operations teams at AI, API, and infrastructure companies that require flexible and scalable usage-based billing solutions.

Features

Real-time event ingestion and aggregation for accurate usage tracking
SDKs for Node.js, Python, and Go to facilitate integration with existing applications
Flexible product catalog to support various pricing models, including plans, credits, and usage-based pricing
Low-latency limit enforcement for APIs and infrastructure to prevent overages
Real-time customer dashboards with embeddable components and React hooks
Collectors for popular AI tools, cloud infrastructure, and frameworks, such as Kubernetes, S3, and Langchain
Integration with CRM, tax, and payment providers, including Stripe
Open-source core available under the Apache 2.0 license for self-hosted deployments