OpsTrace took an interesting approach (and was a YC company too, recently acquired by GitLab). We are a managed solution, whereas OpsTrace was a self hosted open source solution. And we are not building on top of other open source tools. With ContainIQ, you can get metrics natively and other features that you wouldn't otherwise be able to get (ex p95 latency by endpoint) with OpsTrace and its integrations.
[0]: https://opstrace.com