NNivoda 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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Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$92M
Headquarters
London, United Kingdom
Founded
2017
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Total Funding
$92M
Meets
Industry Average
Funded Over
3 Rounds
Industry standards
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.
Nivoda, the leading digital marketplace and supply chain for the diamond industry, today announced $51 million in funding. This will support global gr
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.
Avenir Growth led the round.
Nivoda, a leading online diamond marketplace, announced the launch of gemstones on their platform on June 26.
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Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$92M
Headquarters
London, United Kingdom
Founded
2017
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs