# Nivoda: Luxury goods & jewelry, London, United Kingdom

> Nivoda: Nivoda is a global B2B digital marketplace and technology platform focused on the diamond and jewelry industry. Based in London, United Kingdom.

Source: https://millionrounds.com/startup/nivoda-2 (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Luxury goods & jewelry startup](https://millionrounds.com/companies)

# Nivoda

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

Funding reported Last round: Series C

Luxury goods & jewelry London, United Kingdom

Company summary

- **Founded:** 2017 9 years old
- **Team:** 450 201 to 1,000 people
- **Funding reported:** 92M as listed, currency not stated
- **Last round:** Series C Nov 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Nivoda has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **92M** in the source's currency

Last round **Series C**

Last round size **51M**

Last round date **Nov 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.

- Sept 2024 **$35M** UK share allotment
- Oct 2023 **$30M** UK share allotment
- Feb 2023 **$1.6M** UK share allotment
- Oct 2022 **$9.7M** UK share allotment
- Oct 2022 **$2.4M** UK share allotment

## The company, in detail

What they build

Known for

gemstone filtering tools natural diamonds gemology consumers custom jewelry logistics management competitive pricing inventory management distribution manufacturing wholesale trade customer engagement tools trading network enterprises diamond trade digital inventory management

Built with from their website

Docker Amazon SES Amazon DynamoDB OneTrust Tech Risk & Compliance DHL AWS Trusted Advisor Atlassian Power Query Camtasia Google Ads

+8 more

Flow Meta Audience Network Rhino Google Workspace CloudFlare Gem Microsoft Windows LinkedIn 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

Startups like it

- [**Monica Vinader** London · founded 2002](https://millionrounds.com/startup/monica-vinader)
- [**Luxury Promise** London · founded 2017](https://millionrounds.com/startup/luxury-promise)
- [**Watchfinder** West Malling · founded 2001](https://millionrounds.com/startup/watchfinder-2)
- [**Christopher Ward** Maidenhead · founded 2004](https://millionrounds.com/startup/christopher-ward)
- [**motilo.com** London · founded 2010](https://millionrounds.com/startup/motilo-com)
- [**Astley Clarke** London · founded 2006](https://millionrounds.com/startup/astley-clarke)
- [**Time Trader** Middlesbrough · founded 2016](https://millionrounds.com/startup/time-trader)
- [**Chic by Choice** London · founded 2014](https://millionrounds.com/startup/chic-by-choice)

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