33 Best Traceloop Alternatives & Competitors

Traceloop is an observability and quality assurance platform designed to help teams ship LLM applications 10x faster by transforming evaluation data into continuous feedback loops. The platform enables developers to monitor, test, and improve large language model applications throughout their lifecycle. Built on OpenTelemetry and shipping with OpenLLMetry (their open-source SDK), Traceloop provides real-time monitoring with just one line of code, giving live visibility into prompts, responses, latency, and more. The platform offers built-in quality evaluations for faithfulness, relevance, and safety that automatically apply to production data, along with custom evaluators that users can define and train on annotated examples. Traceloop features automated quality gates that run evaluations automatically on pull requests and in real-time during app execution, plus LLM drift detection to catch performance degradation before it reaches users. The platform supports 20+ LLM providers including OpenAI, Anthropic, Gemini, Bedrock, and Ollama, and integrates with popular frameworks like LangChain, LlamaIndex, and CrewAI. In March 2026, Traceloop was acquired by ServiceNow for $60-80 million, marking the third Israeli acquisition by ServiceNow in under three months. The platform is SOC 2 and HIPAA compliant with cloud, on-premises, and air-gapped deployment options. Traceloop has been recognized as a Gartner Cool Vendor and serves notable clients including HiBob, Target, Miro, IBM, and Babbel.