Sommelier
Financial Software · United States · 11-50 Employees
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Overview
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United StatesWebsite
sommelier.financeRevenue
<$5 MillionIndustry
About Sommelier
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Sommelier financials insights
Gather financial insights about Sommelier, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
Angel/Seed
$3.5M
Series A
$23M
Sommelier Tech Stack
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Sommelier News & Media
Decentralized Finance: Sommelier Brings Ethereum (ETH) DeFi Strategy Assets to Injective
Sommelier, the automated DeFi portfolio management platform, announces that it has launched Ethereum DeFi strategy tokens “for the first time on Injective, a layer 1 Cosmos blockchain optimized for finance.” Sommelier is a blockchain/DLT-based platform “built with the Cosmos SDK that executes advanced crypto portfolio... Read MoreBTC and ETH Momentum and Trend Following Cellars Launch on Sommelier as Strategy Tokens
The actively managed quant strategies are provided by ClearGate COSMOS, Minn., Oct. 27, 2022 /PRNewswire/ -- Sommelier, the pioneering automated DeFi portfolio management platform, today announces the launch of two new Cellars, or automated strategies, that are designed for ETH and BTC...Sommelier Raises $23M in Series A Funding
Sommelier, a San Francisco, CA-based decentralized and automated DeFi portfolio manager software, raised $23m in Series A funding. The round was led by Polychain Capital with participation from existing investor Alameda Ventures and new investors Zola Ventures, Byzantine Ventures, Tendermint Ventures, Secure Ventures, D1 Ventures, and Ferngrove Ventures. Led by Zaki Manian, Sommelier has developed a software […] The post Sommelier Raises $23M in Series A Funding appeared first on FinSMEs.Sommelier Raises $3.5M in Seed Funding
Sommelier, a San Francisco, CA-based decentralized finance (DeFi) blockchain protocol and Ethereum bridge that acts as a co-processor to the Ethereum world computer, raised $3.5M in seed funding. The round was led by Standard Crypto with participation from Multicoin Capital, Alameda Ventures, Proper Cygni and Power Planet Holdings. The company intends to use the funds for the development of its multichain protocol and […] The post Sommelier Raises $3.5M in Seed Funding appeared first on FinSMEs.
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Frequently Asked Questions Regarding Sommelier
Based out of San Francisco, CA, Sommelier is a bet that Ethereum will be a dominant player in the global economy. Sommelier consists of the Cosmos Stargate SDK, its Tendermint-based consensus layer and a decentralized, bi-directional Ethereum bridge, managed by a global network of validators.... Read More