helicone vs portkey

Helicone vs Portkey

Compare Helicone open-source gateway with Portkey enterprise AI gateway for LLM observability and cost monitoring.

Last reviewed: 2026-03-03

Helicone

Open-source AI gateway + observability

  • Open-source with self-hosting option
  • One-line base-URL integration
  • Built-in caching and rate limiting
  • Usage cost tracking

Portkey

Enterprise AI gateway + governance

  • 1600+ LLM support
  • AI guardrails and governance
  • Enterprise compliance (SOC2, HIPAA)
  • Advanced routing and load balancing

Feature and workflow comparison

CapabilityHeliconePortkey
Primary focusOpen-source gateway + observabilityEnterprise AI gateway + governance
LLM support100+ models1600+ models
Open sourceYes (MIT license)No (proprietary)
Gateway routingBasic proxyAdvanced routing + load balancing
GuardrailsNot built-inBuilt-in AI guardrails
Cost trackingUsage analyticsBudget controls + analytics
Starting priceFree tier (10k req)Free dev tier, Pro $49/mo

Where AI Cost Board fits

Both Helicone and Portkey focus on gateway and observability features. AI Cost Board complements either by providing dedicated cost governance — budget alerts, project-level spend attribution, anomaly detection, and finance-ready reporting that gateway tools treat as secondary.

FAQ

Is Helicone or Portkey better for cost monitoring?

Both offer cost visibility as part of their gateway features. Neither is a dedicated cost governance tool. For focused budget controls, alerts, and attribution, teams add AI Cost Board.

Which supports more LLM providers?

Portkey supports 1600+ LLMs, significantly more than Helicone. However, both cover all major providers (OpenAI, Anthropic, Google, etc.).

Can I use AI Cost Board with either gateway?

Yes. AI Cost Board works alongside any gateway via direct API key integration, adding cost governance without changing your gateway setup.