I recently discovered Conda after I was having trouble installing SciPy, specifically on a Heroku app that I am developing.
With Conda you create environments, very
I use both and (as of Jan, 2020) they have some superficial differences that lend themselves to different usages for me. By default Conda prefers to manage a list of environments for you in a central location, whereas virtualenv makes a folder in the current directory. The former (centralized) makes sense if you are e.g. doing machine learning and just have a couple of broad environments that you use across many projects and want to jump into them from anywhere. The latter (per project folder) makes sense if you are doing little one-off projects that have completely different sets of lib requirements that really belong more to the project itself.
The empty environment that Conda creates is about 122MB whereas the virtualenv's is about 12MB, so that's another reason you may prefer not to scatter Conda environments around everywhere.
Finally, another superficial indication that Conda prefers its centralized envs is that (again, by default) if you do create a Conda env in your own project folder and activate it the name prefix that appears in your shell is the (way too long) absolute path to the folder. You can fix that by giving it a name, but virtualenv does the right thing by default.
I expect this info to become stale rapidly as the two package managers vie for dominance, but these are the trade-offs as of today :)