Traceloop vs Helicone
Side-by-side comparison of AI visibility scores, market position, and capabilities
Tel Aviv YC LLM observability platform at $1.2M revenue Jun 2024 with OpenLLMetry open-source; $6.6M total ($6.1M Sorenson/Ibex seed May 2025) monitoring AI application production quality competing with LangSmith for AI debugging.
About
Traceloop is a Tel Aviv, Israel-based LLM observability platform — backed by Y Combinator with $6.6 million in total funding including a $6.1 million seed in May 2025 led by Sorenson Capital and Ibex Investors with Y Combinator, Samsung NEXT, and Grand Ventures — providing developers and enterprises building LLM-powered applications with monitoring, evaluation, and observability tools for detecting and debugging AI reliability issues in production. Achieving $1.2 million in revenue in June 2024 with an 8-person team, Traceloop maintains OpenLLMetry (an open-source observability framework for LLM applications based on OpenTelemetry standards) that has become a widely adopted tool for AI application debugging and quality monitoring.
SF YC W23 open-source LLM observability with single-line integration processing 2.1B+ requests for 800+ companies daily; monitoring OpenAI/Anthropic with cost tracking and prompt analytics competing with LangSmith for AI application observability.
About
Helicone is a San Francisco-based open-source LLM observability and monitoring platform — backed by Y Combinator (W23) — providing AI application developers and engineering teams with comprehensive visibility into their large language model deployments: request logging, latency monitoring, cost tracking, prompt analytics, caching, and access to 100+ AI models through a unified gateway — with single-line code integration for OpenAI, Anthropic, LangChain, and other major AI providers. Processing 2.1+ billion requests and supporting 800+ companies in production daily, Helicone enables developers to monitor AI application performance, debug prompt failures, track per-user costs, and optimize model selection across the fragmented LLM provider ecosystem. Founded in 2023 by Justin Torre, Scott Nguyen, and Cole Gottdank.
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