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Sommelier Protocol

Sommelier Protocol

Access to risk-managed, multi chain DeFi strategies powered by off-chain computation

OverviewStructured DataIssuesContributors

Contents

sommelier.finance
app.sommelier.finance
Is a
Organization
Organization
Cryptocurrency
Cryptocurrency
Company
Company

Company attributes

Industry
Decentralized autonomous organization (DAO)
Decentralized autonomous organization (DAO)
Software development
Software development
0
Technology
Technology
Software
Software
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
Location
San Francisco, California, United
San Francisco, California, United
United States
United States
Founder
Zaki Manian
Zaki Manian
Kristi Põldsam
Kristi Põldsam
Jack Zampolin
Jack Zampolin
0
‌
Kevin Kennis
Pitchbook URL
pitchbook.com/profiles...462620-89
Legal Name
Sommelier
Number of Employees (Ranges)
11 – 50
Full Address
Maakri 36-50, Tallinn, Estonia 101450
Investors
Polychain Capital
Polychain Capital
Multicoin Capital
Multicoin Capital
Alameda Research
Alameda Research
Ignite
Ignite
The Graph
The Graph
D1 Ventures
D1 Ventures
Byzantine Partners
Byzantine Partners
Ignite
Ignite
...
Founded Date
January 1, 2021
0
Total Funding Amount (USD)
3,500,000
Latest Funding Round Date
March 10, 2021
Exchange
Osmosis
Osmosis
Latest Funding Type
Seed
Seed
COO
Stephanie Vaughan
Stephanie Vaughan
0

Cryptocurrency attributes

Ticker Symbol
SOMM

Other attributes

Blog
sommelier.finance/blog
Community Forum
community.sommelier.finance
Company Operating Status
Active
Cryptocurrency Symbol
Somm
Latest Funding Round Amount (USD)
3,500,000
Medium URL
sommelier.finance/blog

Sommelier is built on the Cosmos SDK to maximize interoperability with other blockchains, and the platform is a reimagined gateway into interchain DeFi. With a bridge in place connecting the Cosmos-based platform to Ethereum, Sommelier will be able to execute strategies across multiple blockchains, opening a wide horizon of possibilities.

Traditional Finance has come to rely on the power of off-chain computation, since it allows their strategies to be proprietary and include the work of highly sophisticated data modeling, machine learning models which would be impossible to do On-chain. Sommelier aims to do all of this but without the tradeoff of centralization that exists in traditional finance thanks to its Validator Set.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Sommelier blog

https://sommelier.finance/blog/#

Web

References

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