RRare Carat is a US-based online diamond retailer that operates as a managed marketplace, directly selling diamonds and jewelry while handling payment, logistics, and customer service. It began as an AI-powered price comparison engine for diamonds and in 2021 switched to a direct-sales model, cutting markups by removing a middle layer. The company offers natural and lab-grown diamonds certified by GIA, IGI, or GCAL, with guidance from non-commissioned GIA graduate gemologists, plus 360° diamond videos, a 30-day return policy, free insured shipping, a one-year resizing service, and TD Bank financing. Its goal is to make online diamond shopping transparent, affordable, and straightforward by combining direct sales with expert guidance and strong buyer protections.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
2016
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Klarna and Rare Carat team up to bring flexible payments to engagement ring shopping. * Lending * 03.09.2026 12:29 pm Klarna, the everyday finance network, today announced a new partnership with Rare Carat, one of the largest online diamond and engagement ring retailers in the U.S., to give shoppers more flexible ways to pay for one of life's most memorable purchases. The average engagement ring in the U.S. now costs between $5,000 and $6,500, and more than a third of couples cover that cost with revolving credit with no fixed payoff date. Rare Carat customers can now choose Klarna's full suite of payment options at checkout instead, including pay in full, interest-free Pay in 4, and new 0% APR financing across 3, 6, or 12-month terms. "An engagement ring is one of the most meaningful purchases someone will ever make, and paying for it is just as personal as the ring they choose," said Lisa Robinson, Head of Partner Success, US East Coast and Canada at Klarna. "By bringing pay in full, interest-free pay in four and 0% APR financing to Rare Carat, we're giving consumers the flexibility this purchase deserves." "Rare Carat was built to bring transparency to diamond shopping, and payment flexibility is a natural extension of that," said Julien Saad, CEO of Rare Carat. "With Klarna, our customers can find the perfect ring for that big moment using a payment method that works best for them."
Rare Carat has been rated the #1 best Jeweler in the USA by reviewers on Trustpilot for the second consecutive year.
Rare Carat - an online diamond marketplace - today released a study on the Most & Least Expensive States for Engagement Rings after analyzing purchases from 22 million users.
Rare Carat has made waves in the diamond industry, earning a reputation as the "Kayak of Diamonds" for its innovative approach to diamond retailing.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
2016
Find jobs on Simplify and start your career today
We update Rare Carat's jobs every few hours, so check again soon!Browse all jobs