Nivoda
Diamond marketplace
- 201-500 employees
- B2B
- Marketplace
- Fashion
- Trading
- Supply Chain
- Farringdon, London, UK
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Company mission
To empower customers to grow their business and increase their profits.
Our take
Nivoda is a diamond trading platform that combines physical transportation infrastructure with technology that saves time and money in the industry. Distinguishing itself from conventional marketplaces, Nivoda offers a global diamond supply chain without the typical challenges of high shipping fees, banking costs, and unreliable delivery times.
Since its establishment in 2019, Nivoda's marketplace has grown to feature over 106M natural, lab-grown, and melee stones, valued at $4.1B, serving thousands of jewellery retailers worldwide. With a focus on customer experience and simplifying global trade, Nivoda aims to become the trusted global marketplace for the jewellery industry.
A recent milestone for Nivoda includes the closure of a Series B funding round. This financial injection aids Nivoda's plans for customer growth, market expansion, global outreach, and category expansion. It's already enhancing its services with the recent launch of Nivoda Express, a new fulfillment service which enables 2-3 day delivery on select stones.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Nov 2024
$51m
LATE VC
May 2024
$30m
SERIES B
Total funding: $92m
This company has top investors
Leadership
David Sutton
(CEO)Previously co-founded Sutton Diamonds and Taylor & Hart, and served here as COO. Experience as a Sales Representative for Bassano Collection Group and Bill's Diamond.
Andre Woons
(CTO)Previously co-founded and acted as CTO for Florin. Experience as a Technical Advisor for Intrinsik, Website & Application Developer for Unicmedia, Entrepreneur in Residence for Entrepreneur First, and as a Backend Developer for Whappbook.