How much funding has Traceloop raised?

Traceloop has raised $6.6M in total funding. Their latest funding round was Seed. Key investors include Sorenson Capital, Ibex Investors, Y Combinator, Samsung NEXT, Grand Ventures, Eight Capital.

Where is Traceloop headquartered?

Traceloop is headquartered in Tel Aviv-Yafo, Israel. The company has a team of 1-10 people.

What does Traceloop do?

Traceloop operates in the AI Infrastructure sector. LLM observability and evaluation platform that provides full visibility into AI agent performance, enabling teams to detect hallucinations, monitor drift, and ensure reliability in production. Replace manual trial-and-error prompt engineering with automated evaluations and real-time monitoring of AI agent performance, bringing software engineering rigor (observability, testing, CI/CD) to LLM-based applications.

When was Traceloop founded?

Traceloop was founded in 2023. It is based in Tel Aviv-Yafo, Israel.

Who is the CEO of Traceloop?

Nir Gazit is the CEO of Traceloop. The company was founded in 2023.

Where is Traceloop located?

Traceloop is headquartered in Tel Aviv-Yafo, Israel.

What funding stage is Traceloop at?

Traceloop is currently at the Acquired stage.

How many employees does Traceloop have?

Traceloop has approximately 1-10 employees.

Traceloop

Category: AI Infrastructure

LLM observability and evaluation platform that provides full visibility into AI agent performance, enabling teams to detect hallucinations, monitor drift, and ensure reliability in production. Traceloop was founded in 2023. The company is led by Nir Gazit. Based in Tel Aviv-Yafo, Israel. Team size: 1-10. Total funding raised: $6.6M. Latest round: Seed. Key investors include Sorenson Capital, Ibex Investors, Y Combinator, Samsung NEXT, Grand Ventures, Eight Capital.

Founded: 2023
Headquarters: Tel Aviv-Yafo, Israel
Team size: 1-10
Total funding: $6.6M

Value proposition

Replace manual trial-and-error prompt engineering with automated evaluations and real-time monitoring of AI agent performance, bringing software engineering rigor (observability, testing, CI/CD) to LLM-based applications.

Products and solutions

Traceloop Platform (LLM observability, evaluation, drift detection, experimentation), OpenLLMetry (open-source OpenTelemetry-based observability SDK for LLM apps), Hub (OpenTelemetry-based gateway for LLM traffic)

Unique value

OpenTelemetry-native, open-source-first LLM observability that works with one line of code across 20+ LLM providers, vector DBs, and frameworks — enabling teams to catch hallucinations and drift before users notice.

Target customer

Engineering teams building and deploying LLM-based applications and AI agents at enterprises and startups

Industries served

Enterprise Software, SaaS, AI/ML Platforms, Technology

Technology advantage

Built on OpenTelemetry (OTel) standard; OpenLLMetry open-source SDK with 500K+ monthly installs, 50K weekly active SDK users, 60+ GitHub contributors; SOC 2 & HIPAA compliant; supports 20+ LLM providers, vector DBs, and frameworks (LangChain, LlamaIndex, CrewAI); cloud, on-prem, and air-gapped deployment

How they differentiate

Only LLM observability platform built natively on OpenTelemetry; open-source SDK (OpenLLMetry) with 500K+ monthly installs became community standard adopted even by competitors; one-line-of-code integration; SOC 2 & HIPAA compliant with on-prem/air-gapped deployment options

Main competitors

Langfuse, Arize Phoenix, Galileo

Key partnerships

IBM (OpenLLMetry integrated with IBM Instana Observability), Dynatrace (enhanced AI model observability with OpenLLMetry), Amazon Bedrock (OpenLLMetry support), OpenTelemetry ecosystem contributor

Notable customers

IBM, Cisco, Dynatrace, Miro, Microsoft, HiBob

Major milestones

Founded 2023, Y Combinator Winter 2023 batch, Launched OpenLLMetry open-source project, May 2025: $6.1M seed round and GA launch, March 2026: Acquired by ServiceNow for $60-80M

Growth metrics

OpenLLMetry: 500K+ monthly installs, 50K weekly active SDK users, 60+ GitHub contributors; 8-9 employees at time of acquisition; acquired for $60-80M

Market positioning

Open-standards-first LLM observability and evaluation platform; differentiated by OpenTelemetry-native architecture and OpenLLMetry open-source SDK that became a de facto community standard; positioned as the infrastructure layer for enterprise AI governance

Geographic focus

Global (headquarters in Tel Aviv, Israel; CEO based in San Francisco)

About Nir Gazit

Ex-Google (Tech Lead, built LLM systems for Photos, Maps, YouTube); Ex-Fiverr (Chief Architect); M.Sc in CS from Hebrew University of Jerusalem

Latest news about Traceloop

ServiceNow acquired Israeli startup Traceloop for $60-$80 million, marking its third Israeli acquisition in under three months following the $7.75 billion Armis Security deal. Traceloop's OpenLLMetry

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Official website: https://www.traceloop.com