Helicone vs Portkey

Detailed side-by-side comparison to help you choose the right tool

Helicone

🔴Developer

LLM Observability

Open-source LLM observability and AI gateway — logs every prompt, response, cost, and latency across 20+ providers with a one-line proxy or async SDK, plus caching, retries, and prompt experiments.

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Starting Price

Free

Portkey

🔴Developer

LLM Gateways & Infrastructure

AI gateway and control plane for production GenAI: routes calls across 250+ LLMs with one unified API, plus guardrails, prompt management, observability, budgets, and an MCP-aware agent runtime.

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Starting Price

Custom

Feature Comparison

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FeatureHeliconePortkey
CategoryLLM ObservabilityLLM Gateways & Infrastructure
Pricing Plans4 tiers97 tiers
Starting PriceFree
Key Features
  • Proxy-Based Request Logging
  • Cost Analytics & Budget Alerts
  • Gateway-Level Caching

    Helicone - Pros & Cons

    Pros

    • 5-minute proxy integration captures full traces, cost, and latency across 20+ providers
    • Real AI gateway features (caching, retries, fallback, key vault) replace a custom proxy
    • MIT-licensed and self-hostable on Postgres + ClickHouse — passes regulated procurement

    Cons

    • Proxy mode adds a network hop unless self-hosted in your own region
    • Prompt experiment UX is less mature than dedicated eval platforms like Braintrust
    • Self-hosting requires running ClickHouse, which is an extra ops surface

    Portkey - Pros & Cons

    Pros

    • Provider-agnostic routing with declarative configs that an SRE can change without app deploys
    • Strong governance primitives (virtual keys, budgets, RBAC) that internal gateways usually skip
    • Built-in guardrails and observability remove the need for a separate vendor for each
    • Self-hosted and BYOC options make it viable for regulated and air-gapped deployments

    Cons

    • Pricing page is JS-rendered and dollar amounts must be confirmed manually on site
    • Adds a network hop and latency overhead — small but non-zero next to direct provider calls
    • Overkill for single-provider single-app teams who do not need governance
    • Some advanced features (Agents, BYOC) require Enterprise contracts

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    🔒 Security & Compliance Comparison

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    Security FeatureHeliconePortkey
    SOC2✅ Yes
    GDPR✅ Yes
    HIPAA❌ No
    SSO✅ Yes
    Self-Hosted✅ Yes
    On-Prem✅ Yes
    RBAC✅ Yes
    Audit Log✅ Yes
    Open Source✅ Yes
    API Key Auth✅ Yes
    Encryption at Rest✅ Yes
    Encryption in Transit✅ Yes
    Data ResidencyUS, EU
    Data Retentionconfigurable
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