Nivoda announces $11 million fundraising round led by Headline

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Online diamond sales platform Nivoda announced last Wednesday that it had raised $11 million with the help of Headline. With such a sum, the company hopes to further develop its platform and create a trusted marketplace for the jewelry industry.

 

Nivoda, the leading B2B marketplace for diamonds and jewelry, has successfully secured $11 million in funding, led by venture capital firm Headline.

 

This substantial investment, combined with the recent arrival of James Morgan, an ex-Amazon Prime Europe, as Chief Product Officer, enables Nivoda to enhance the customer experience for retailers, consumers and jewelry suppliers worldwide.

 

David Sutton, co-founder and managing director of Nivoda, expressed his enthusiasm for the partnership, highlighting the shared vision and understanding displayed by Headline. Nivoda’s funding is also backed by leading venture capital firms in the US and UK, including Abstract Ventures, Entrepreneur First, Operator Partners and RiverPark Ventures.

 

“Headline is very excited about investing in Nivoda. The company has already proven to be an industry leader in helping retailers source natural and lab-grown diamonds, and has the potential to continue to make retailers’ lives easier by serving other categories of the jewelry industry over time. We deeply believe that the corporate buying experience should be as seamless as the consumer’s”, said Taylor Brandt, a Headline investor.

 

Transforming the jewelry industry

 

The company’s strategic plan is to expand its platform by introducing new offerings such as colored gemstones, faster delivery options and innovative payment and credit solutions.

 

Since its inception in 2019, Nivoda’s place in the market has grown significantly,. It now offers over 1.6 million natural and laboratory-grown stones with a total value of $4.1 billion.

 

Nivoda is dedicated to building a trusted global marketplace for the jewelry industry, continually prioritizing the customer experience and simplifying international trade processes.

 

Thanks to Nivoda’s online platform, jewelry suppliers and retailers from all over the world can easily connect and trade at the click of a button. The company’s global logistics network guarantees efficient fulfillment, rigorous quality control and on-the-ground support for buyers and sellers. With offices in New York, London, Amsterdam, Antwerp, Hong Kong, Mumbai and Melbourne, Nivoda has acquired a global reach.

 

 

Read also >Jewelry: the 6th edition of GemGenève starts today

 

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Online diamond sales platform Nivoda announced last Wednesday that it had raised $11 million with the help of Headline. With such a sum, the company hopes to further develop its platform and create a trusted marketplace for the jewelry industry.

 

Nivoda, the leading B2B marketplace for diamonds and jewelry, has successfully secured $11 million in funding, led by venture capital firm Headline.

 

This substantial investment, combined with the recent arrival of James Morgan, an ex-Amazon Prime Europe, as Chief Product Officer, enables Nivoda to enhance the customer experience for retailers, consumers and jewelry suppliers worldwide.

 

David Sutton, co-founder and managing director of Nivoda, expressed his enthusiasm for the partnership, highlighting the shared vision and understanding displayed by Headline. Nivoda’s funding is also backed by leading venture capital firms in the US and UK, including Abstract Ventures, Entrepreneur First, Operator Partners and RiverPark Ventures.

 

“Headline is very excited about investing in Nivoda. The company has already proven to be an industry leader in helping retailers source natural and lab-grown diamonds, and has the potential to continue to make retailers’ lives easier by serving other categories of the jewelry industry over time. We deeply believe that the corporate buying experience should be as seamless as the consumer’s”, said Taylor Brandt, a Headline investor.

 

Transforming the jewelry industry

 

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Online diamond sales platform Nivoda announced last Wednesday that it had raised $11 million with the help of Headline. With such a sum, the company hopes to further develop its platform and create a trusted marketplace for the jewelry industry.

 

Nivoda, the leading B2B marketplace for diamonds and jewelry, has successfully secured $11 million in funding, led by venture capital firm Headline.

 

This substantial investment, combined with the recent arrival of James Morgan, an ex-Amazon Prime Europe, as Chief Product Officer, enables Nivoda to enhance the customer experience for retailers, consumers and jewelry suppliers worldwide.

 

David Sutton, co-founder and managing director of Nivoda, expressed his enthusiasm for the partnership, highlighting the shared vision and understanding displayed by Headline. Nivoda’s funding is also backed by leading venture capital firms in the US and UK, including Abstract Ventures, Entrepreneur First, Operator Partners and RiverPark Ventures.

 

“Headline is very excited about investing in Nivoda. The company has already proven to be an industry leader in helping retailers source natural and lab-grown diamonds, and has the potential to continue to make retailers’ lives easier by serving other categories of the jewelry industry over time. We deeply believe that the corporate buying experience should be as seamless as the consumer’s”, said Taylor Brandt, a Headline investor.

 

Transforming the jewelry industry

 

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Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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