Nivoda, a NYC- and London, UK-based digital marketplace and supply chain for the diamond industry, raised $51M in funding.
The round, which brought the total amount to $96M, was led by Northzone who join existing investors, including Avenir, Headline, Abstract Ventures, and Canaan Partners. This latest round takes the total raised by Nivoda to $96 million.
The company intends to use the funds to expand its marketplace beyond diamonds and gemstones to all jewelry.
Led by CEO and co-founder Dave Sutton, Nivoda is a global supply chain platform for the diamond and gemstone industries. It provides access to a supply of diamonds and gemstones via a global supply chain and helps jewelers to sell more efficiently and effectively by purchasing from multiple international suppliers in a single transaction, multi-faceted inventory search, stone reservations, simple returns, and online tracking of all orders, shipping and invoices.
FinSMEs
21/11/2024