Nivoda

Nivoda

B2B marketplace for diamonds and jewelry

Overview

Nivoda runs a B2B marketplace that connects jewelry retailers with a global network of natural and lab-grown diamonds, colored gemstones, and melee diamonds. Buyers can source from multiple suppliers in one transaction and receive a single invoice in their local currency. Nivoda handles end-to-end fulfillment, including supplier validation, quality control, logistics, customs, and shipping directly to the jeweler. It provides tools like API feeds, a Shopify plugin, a white-label virtual showroom, and flexible payment options to streamline procurement and reduce costs while expanding product offerings toward finished jewelry.

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 Software

Fintech

Company Size

201-500

Company Stage

Series C

Total Funding

$92M

Headquarters

London, United Kingdom

Founded

2017

People at Nivoda

People at Nivoda who can refer or advise you

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Simplify's Take

What believers are saying

  • $60M i80 credit facility enables 30-90 day payment terms addressing industry liquidity crisis for 10,000 retailers
  • Launched 60,000 colored gemstones in June 2024, expanding to 80,000 across 40+ varieties as jewelry's 'everything store'
  • Over $1 billion in diamond sales achieved; full finished jewelry launch planned for 2026 to capture broader market

What critics are saying

  • 2026 finished jewelry launch faces 50-70% probability of eroding exclusivity against Olive La Rue and Waterous controlling 40% wholesale
  • Lab-grown diamond prices collapsing to $150/carat by Q3 2026 will undercut 20-30% natural diamond price premiums with 60-80% probability
  • India's 2025 blockchain traceability mandate requires $15M+ upgrades Nivoda cannot fund without equity dilution, risking 45-65% supplier exit within 12-18 months

What makes Nivoda unique

  • Unified B2B marketplace with internal fulfillment, logistics, and quality control for zero-inventory sourcing
  • Consolidated multi-supplier transactions with single local-currency invoice across 2 million natural and lab-grown diamonds
  • Integrated SaaS stack including Shopify plugin, API feeds, and white-label virtual showroom for in-store and online sales

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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
Medium
$51M
Nivoda
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Unlimited Paid Time Off

Hybrid Work Options

Remote Work Options

Dental Insurance

Vision Insurance

Growth & Insights

Headcount

6 month growth

1%

1 year growth

3%

2 year growth

4%

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