Mixpanel
New Relic
| Feature | Mixpanel | New Relic |
|---|---|---|
| Pricing | Free / from $28/mo | Free / from $0.3/mo |
| Free Plan | ✓ Yes | ✓ Yes |
| Rating | 4.5 / 5 | 4.3 / 5 |
| Best For | product-teams, startups, growth-teams, mobile-apps | development-teams, sre-teams, startups, devops-engineers |
| Founded | 2009 | 2008 |
| Event Tracking | ✓ | ✗ |
| Funnels | ✓ | ✗ |
| Retention | ✓ | ✗ |
| Flows | ✓ | ✗ |
| Cohorts | ✓ | ✗ |
| Experiments | ✓ | ✗ |
| Alerts | ✓ | ✗ |
| Apm | ✗ | ✓ |
| Infrastructure Monitoring | ✗ | ✓ |
| Log Management | ✗ | ✓ |
| Browser Monitoring | ✗ | ✓ |
| Synthetics | ✗ | ✓ |
| Ai Assistant | ✗ | ✓ |
| Distributed Tracing | ✗ | ✓ |
| Error Tracking | ✗ | ✓ |
✓ Mixpanel Pros
- Powerful event-based analytics
- Excellent funnel and retention analysis
- Self-serve — no SQL needed
- Free tier generous (20M events/month)
✗ Mixpanel Cons
- Learning curve for event modeling
- Can get expensive at scale
- Less useful for content sites (GA better)
✓ New Relic Pros
- Generous free tier with 100GB/month data ingest
- Full-stack observability in one platform
- Usage-based pricing is cost-effective for many teams
- Strong AI assistant (New Relic AI) for troubleshooting
✗ New Relic Cons
- Per-user pricing for full platform access
- Data retention limits on free tier
- Can be complex to set up comprehensively
The Verdict
Mixpanel is built for product teams and startups, with a focus on event-tracking and funnels. New Relic targets development teams and sre teams and leads with apm and infrastructure-monitoring.
On pricing, New Relic is the clear winner for budget-conscious users — starting at $0.3/mo compared to $28/mo for Mixpanel. That $27.7/mo difference adds up quickly for growing teams.
Both offer free plans, so you can test each with your real workflow before committing to a subscription.
Feature-wise, New Relic offers broader built-in capabilities (8 features vs 7), while Mixpanel takes a more focused approach — which can mean a simpler, faster onboarding experience.
Both tools are a solid fit for startups — in those cases, the decision often comes down to workflow style and how your team prefers to organize work.
This is a genuinely close comparison. If you can, sign up for both free trials (where available) and run a one-week test with your actual team tasks before deciding.