Sommelier
Sommelier is a decentralized finance protocol that provides automated portfolio management and vault optimization for DeFi assets. The platform enables liquidity providers to execute complex, automated financial transactions such as portfolio rebalancing, limit orders, and batched orders through smart contracts that operate with full on-chain transparency. Sommelier functions as a protocol logic layer rather than a…
Funding snapshot
About
Sommelier is a decentralized finance protocol that provides automated portfolio management and vault optimization for DeFi assets. The platform enables liquidity providers to execute complex, automated financial transactions such as portfolio rebalancing, limit orders, and batched orders through smart contracts that operate with full on-chain transparency. Sommelier functions as a protocol logic layer rather than a vault UI, integrating across chains and frontends while passing rebalance instructions without bridging assets. The platform offers market-adaptive vaults including Real Yield ETH, Real Yield BTC, and Real Yield USD strategies that maximize yields through leveraged staking and liquidity provision across protocols like Aave, Compound, and Uniswap V3. Vault execution logic follows deterministic rules or AI agent models rather than hidden strategist decisions, with all actions verifiable on-chain. Security is maintained through independently audited smart contracts, validator oversight instead of multi-sig controls, and governance-approved vault onboarding. Founded in 2020 and headquartered in San Francisco, Sommelier has raised $26.5 million in Series A funding from investors including Multicoin Capital, Standard Crypto, Alameda Research, and Polychain.
Business model
Cryptocurrencies > Financial Services > Investment Industry > Trading Enablers > Portfolio Management > DeFi
Team background
College Wise > Harvard University, University of California (Los Angeles)
Institutional investors
Latest coverage
No articles yet.
Similar startups
PagarBook
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
Vertice
AI-powered platform for modern finance and procurement teams. It offers features such as intake-to-procure, SaaS purchasing, and risk management.
1Kosmos
Block-chain-based passwordless authentication for customers. The products offered by the company include BlockID Verify, Workforce, and customer.
Concordium
Operator is a developer of an on-demand commerce platform that uses a network of human operators to fulfill customer requests for products through a text-based messaging interface.