Founded in 2017 by David Sutton and Andre Woons, Nivoda provides an end-to-end operating system for the jewellery trade that spans sourcing, procurement, logistics, manufacturing and embedded finance. More than 10,000 retailers across 70+ countries use the platform to access over 2.5 million natural and lab-grown diamonds and coloured gemstones. Retailers can reserve inventory, track shipments, manage invoices and now obtain 30-, 60- or 90-day trade credit directly within the interface. The company reports triple-digit year-on-year growth and fulfils orders in timeframes ranging from hours to days. Diversity is core to its 28-country remote workforce, and it maintains hubs in nine major diamond centres with its largest presence in Mumbai. To date, Nivoda has raised $81 million in primary equity funding, including a $35 million round led by Northzone in 2023. With fresh non-dilutive capital, the firm is expanding into gemstones, melee and finished jewellery while launching subscription software to help retailers merchandise and sell more effectively.

Total raised

$152M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Sep 2025