United Kingdom · Luxury goods & jewelry startup

Nivoda

Nivoda is a global B2B digital marketplace and technology platform focused on the diamond and jewelry industry.

Funding reportedLast round: Series C

Luxury goods & jewelryLondon, United Kingdom

About Nivoda

Nivoda is a global B2B digital marketplace and technology platform focused on the diamond and jewelry industry.

Founded in April 2017 by David Sutton and Andre Woons, the company is headquartered in London and has expanded to major jewelry hubs worldwide, including Mumbai, New York, and Hong Kong. Nivoda addresses inefficiencies in traditional diamond trading by offering a "zero-inventory" sourcing solution that connects jewelry retailers with a vast network of verified diamond suppliers. The platform features over 2 million natural and lab-grown diamonds, 80,000 colored gemstones, and various jewelry options, allowing retailers to provide extensive choices without holding physical stock. Nivoda's services include a virtual sourcing marketplace, transaction facilitation, logistics management, and real-time data integration. The company aims to simplify global jewelry trade, enhance operational efficiency, and empower partners to increase profitability. Nivoda serves independent jewelers, online retailers, jewelry manufacturers, and global businesses, helping them overcome sourcing challenges and improve their sales margins.

What company datasets say Nivoda raised

Funding, as reported

Reported in all92Min the source's currency
Last roundSeries C
Last round size51M
Last round dateNov 2024

Funding filed with regulators

Nivoda filed 5 raises, $79M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Sept 2024$35MUK share allotment
  2. Oct 2023$30MUK share allotment
  3. Feb 2023$1.6MUK share allotment
  4. Oct 2022$9.7MUK share allotment
  5. Oct 2022$2.4MUK share allotment

The company, in detail

What they build

Known for

gemstone filtering toolsnatural diamondsgemologyconsumerscustom jewelrylogistics managementcompetitive pricinginventory managementdistributionmanufacturingwholesale tradecustomer engagement toolstrading networkenterprisesdiamond tradedigital inventory management

Built with from their website

DockerAmazon SESAmazon DynamoDBOneTrust Tech Risk & ComplianceDHLAWS Trusted AdvisorAtlassianPower QueryCamtasiaGoogle Ads

+8 more

FlowMeta Audience NetworkRhinoGoogle WorkspaceCloudFlareGemMicrosoft WindowsLinkedIn Ads

Sector
Luxury goods & jewelry
Industry code
NAICS 42421, 423940, 513210, SIC 5099, 5094, 7372
Revenue
1M a year, as listed

Luxury goods & jewelry in United Kingdom

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