Nivoda

What it does

Company Summary Nivoda is a digital marketplace that simplifies global diamond and gemstone trade. It gives jewelers access to over 2 million natural and lab-grown diamonds and 80,000 colored gemstones, complete with virtual showrooms and integrated logistics. The platform enables retailers to search, reserve, and fulfil orders worldwide without holding physical inventory. The Problem Jewelry retailers struggle with fragmented supply chains, limited stock options, and high sourcing costs. Finding the right quality stones often requires contacting multiple suppliers. This complexity undermines efficiency, margins, and customer satisfaction. The Solution Nivoda brings the entire jewelry sourcing process into one platform. Retailers can discover stones, place orders, and manage logistics without relying on multiple suppliers or manual steps. With built-in tools for online sales and order management, Nivoda simplifies how jewelers sell, ship, and scale globally. Funding In November 2024, Nivoda raised €48.4M in a Series C led by Northzone, with participation from Avenir, Headline, Abstract Ventures, and Canaan Partners. This round brought Nivoda’s total funding to just over €91M to date .