OpenMeter

OpenMeter is a scalable usage metering solution designed specifically for AI and DevOps companies. It provides accurate billing integrations, real-time customer dashboards, threshold notifications, and usage gating capabilities. The company offers its product as both an open-source and cloud-based solution.

OpenMeter leverages event-streaming techniques from high-scale, battle-tested production systems to deliver real-time, reliable, and cost-effective usage-based metering out of the box. Its technology processes "usage events" across a company's tech stack and converts them into human-readable consumption metrics. These metrics are then funneled to billing and finance dashboards, as well as customer relationship management databases, for product and revenue teams to review.

OpenMeter's composable architecture allows companies to enforce usage and rate limits, execute usage-based or hybrid pricing models, and gain better control over costs. By streamlining processes and promoting operational efficiency, OpenMeter enables engineering teams to focus on their core competencies.

As of March 2024, OpenMeter had secured USD 3 million in funding from Y Combinator, Haystack, and Sunflower Capital, and had multiple market-leading AI companies as customers.