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Nivoda

B2B marketplace for diamonds and jewelry

Overview

Nivoda operates a B2B marketplace that connects jewelry retailers with a global network of diamond and gemstone suppliers. It enables retailers to buy natural and lab-grown diamonds, colored gemstones, and melee from multiple suppliers in one transaction and receive a single invoice in their local currency, while Nivoda manages quality checks, logistics, customs, and delivery to the jeweler. The platform differentiates itself with end-to-end procurement on one platform, consolidated invoicing, and integrated e-commerce tools like API feeds, a Shopify plugin, and a white-label showroom, serving customers in 60+ countries. Its goal is to simplify and reduce costs for jewelers by streamlining the diamond and jewelry supply chain and expanding offerings toward finished jewelry.

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About Nivoda

Simplify's Rating
Why Nivoda is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise SoftwareFintech

Company Size

201-500

Company Stage

Series C

Total Funding

$92M

Headquarters

London, United Kingdom

Founded

2017

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Simplify's take

What believers are saying

  • i80 Group's $60 million facility expands trade credit for 10,000 retailers.
  • Nivoda launched more than 200 ready-to-wear SKUs in June 2026.
  • 2026 expansion into gemstones and finished jewelry increases wallet share and retention.

What critics are saying

  • Rapaport v. Nivoda was remanded September 4, 2026, reviving pricing-list copyright exposure.
  • Revelio Labs shows headcount fell 9.7% to 462 by March 2026.
  • Lab-grown diamond price collapse in 2026 crushes margins; litigation could undermine marketplace economics entirely.

What makes Nivoda unique

  • Nivoda bundles sourcing, logistics, customs, and one local-currency invoice for jewelers.
  • June 2026 ready-to-wear jewellery extends Nivoda from loose stones into finished inventory.
  • Its marketplace spans natural, lab-grown, colored, and melee stones across 70-plus countries.

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Funding

Total Funding

$92M

Meets

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
$51M
$62M
$100M

Benefits

  • Health Insurance
  • Unlimited Paid Time Off
  • Hybrid Work Options
  • Remote Work Options
  • Dental Insurance
  • Vision Insurance

Growth & Insights and Company News

6 month growth

0%

1 year growth

-1%

2 year growth

4%
Tech Funding News
Sep 30th, 2025
Nivoda secures $60M for flexible payments

Nivoda has secured a $60 million financing facility from i80 Group to offer flexible payment options for retailers and diamond buyers. This move addresses the liquidity crisis in the diamond industry, enabling over 10,000 retailers in 70+ countries to access trade credit with 30, 60, or 90-day payment terms. Nivoda has raised $81 million in primary equity funding to date, including a $35 million round led by Northzone last year.

Business Wire
Nov 22nd, 2024
Nivoda Sparkles: Secures $51M to Expand Global Diamond Supply Chain

Nivoda, the leading digital marketplace and supply chain for the diamond industry, today announced $51 million in funding. This will support global gr

UK Tech News
May 10th, 2024
Nivoda Raises $30M in Series B

Nivoda, a diamond and gemstone marketplace, secured a $30 million Series B investment led by Avenir Growth Capital. Other participants included Headline, Abstract Ventures, and Canaan Ventures. The funding will support Nivoda's mission to become a comprehensive platform for the jewelry industry, capitalizing on their significant revenue growth and expanding customer base.

Axios
May 6th, 2024
Nivoda snags $30M Series B to expand its diamond marketplace

Avenir Growth led the round.

Jewellery Outlook Ltd
Jun 29th, 2023
MARKET COMMENTARY

Nivoda, a leading online diamond marketplace, announced the launch of gemstones on their platform on June 26.

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