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
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Fintech

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

  • Nivoda crossed $1 billion in diamond sales by March 2026.
  • Q2 2026 sapphire sales reached 49.38% of gemstone volume.
  • The 2026 jewelry launch expands Nivoda beyond loose stones into finished goods.

What critics are saying

  • Revelio counted 514 Nivoda employees in April 2026, down 11.1% year over year.
  • Lab-grown diamonds and direct supplier portals compress Nivoda's pricing advantage by 2027.
  • If i80 funding tightens in 2027, Nivoda becomes a credit utility, not a marketplace.

What makes Nivoda unique

  • Nivoda's 2026 platform spans diamonds, gemstones, melee, and jewelry across one checkout.
  • Its logistics, customs, QC, and invoicing collapse fragmented sourcing for 10,000 retailers.
  • The i80 Group facility adds embedded trade credit with 30-to-90-day terms.

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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 and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

3%
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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