Traceloop is an LLM observability and reliability platform that lets developers monitor, debug and evaluate large language model and AI-agent applications in production. It is the company behind OpenLLMetry, an open-source, OpenTelemetry-based standard for tracing LLM calls, and provides tooling to detect quality regressions and failures across model-powered workflows. A Y Combinator company, Traceloop was founded in 2023 by Nir Gazit and Gal Kleinman and is based in Tel Aviv, Israel.
Funding
Traceloop announced a $6.1 million seed round in 2025 alongside its general-availability launch, co-led by Ibex Investors and Sorenson Capital.