Sommelier

SommelierSOMM

Coprocessor for Ethereum

About Sommelier

Founded

2021

Community

Sommelier is a co-processor for Ethereum that automates Liquidity Providers' (LPs) portfolios to maximize their yields. LPs will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, and other features that traders have come to expect from CeFi. Sommelier is composed of the Cosmos Stargate SDK, its Tendermint-based consensus layer, and a decentralized, bi-directional Ethereum bridge managed by a global network of validators.

Team Members

Taariq Lewis
Taariq LewisCo-Founder
Federico Kunze Küllmer
Federico Kunze KüllmerCo-Founder
Jack Zampolin
Jack ZampolinCo-Founder
Justin Kilpatrick
Justin KilpatrickCo-Founder
Kevin Kennis
Kevin KennisCo-Founder
Zaki Manian
Zaki ManianCo-Founder
Kristi Põldsam
Kristi PõldsamCo-Founder

Investors

PolychainPolychain
D1 VenturesD1 Ventures
Ignite VenturesIgnite Ventures
Alameda ResearchAlameda Research
The GraphThe Graph
Standard CryptoStandard Crypto
Multicoin CapitalMulticoin Capital
B
Byzantine Ventures
F
Ferngrove Ventures
S
Secure Ventures
P
Proper Cygni
P
Power Planet Holdings

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
$23.00M
--
2021-10-19
PolychainPolychain*
D1 VenturesD1 Ventures
+ 5
Grant
$1.00M
--
2021-04-14
The GraphThe Graph
--
$3.50M
--
2021-03-09
Standard CryptoStandard Crypto*
Multicoin CapitalMulticoin Capital
+ 3