Nivoda
In a world where diamond sales have become increasingly competitive and customers no longer settle for what they can find locally, Nivoda’s in-store and online retail tools empower jewelers to sell more efficiently and effectively.
Jewelry retailers face complex logistical challenges in sourcing natural and lab grown diamonds that meet high quality standards and comply with ethical practices. These difficulties leave many retailers struggling for consistent quality in an industry that demands the best.
Nivoda is dedicated to building a trusted global marketplace for the jewelry industry, continually prioritizing the customer experience and simplifying international trade processes.The company’s global logistics network guarantees efficient fulfillment, rigorous quality control and on-the-ground support for buyers and sellers.
Founders
David Sutton
CEO
After spending his whole professional life in the diamond and jewelry industry, living and running businesses in South Africa, Hong Kong and the UK, David has a wealth of knowledge and experience which he has channeled into Nivoda.
Andre Woons
CTO
Andre has over 10 years of experience in software engineering and leads the technical strategy and development of Nivoda’s platform. He is focused on building the global infrastructure for the jewelry industry to trade as efficiently as possible, reducing the time taken to search, buy, ship and pay.
Milestones
Founded at Entrepreneur First
Amsterdam & Hong Kong offices open
Mumbai office opens
Seed ($600,000) led by Angels
Lab grown diamonds added to inventory
New York office opens
Over 1 million diamonds in inventory
Series A ($11 million) led by Headline
Series B ($30 million) led by Avenir Growth Capital
Series C ($51 million) led by Northzone