DeFi intelligence company Otomato has raised $2 million from Improbable.
Active DeFi users today manage positions across multiple protocols and chains, constantly switching between dashboards, missing critical events such as liquidations, rate spikes, and depegs (when a stablecoin or currency loses its fixed value against the asset it is meant to track), and drowning in noise from generic alert tools.
Otomato solves this problem. Its customers provide their wallet addresses, and Otomato automatically detects every on-chain position - lending, tokens, NFTs, prediction markets - monitors them in real time across Ethereum, Arbitrum, Base, and HyperEVM, and surfaces only the alerts that actually matter.
The product has grown entirely on organic traction. Launched initially as a Telegram bot, Otomato has attracted more than 2,000 users, with 1,500+ actively receiving alerts and integrating 10+ protocols, including AAVE, Pendle, Uniswap, Morpho, Euler, and Hyperliquid.
According to Herman Narula, Co-Founder and CEO of Improbable, DeFi is becoming the back-end of a larger AI-powered economy, and the first team to build the intelligence layer that understands what users actually hold and tells them what matters has the potential to win an entire category.
