# Nivoda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nivoda

- Industry: Consumer Products
- Headquarters: London, UK
- Website: www.nivoda.com/
- Total disclosed funding: $94M
- Latest round: Series C (Nov 21, 2024)
- Investors on record: 8

## About

Based in London, UK, and founded in 2017 by CEO David Sutton and CTO Andre Woons, Nivoda Limited operates as a developer of online platforms for diamond exchange to business-to-business (B2B) retailers. In May 2023, Nivoda Limited raised USD 11 million in Series A funding led by Headline, with participation from Abstract Ventures, Entrepreneur First, Operator Partners, and RiverPark Ventures. In November 2024, Nivoda Limited raised USD 51 million in venture funding led by Northzone, with participation from  Abstract Ventures, Avenir Growth Capital, Canaan Partners, and Headline.

Nivoda Limited provides a platform which is for diamond trading and allows users to buy from multiple sellers. The company’s platform offers features such as 360-view video technology, user management, account dashboards, currency conversion, manage shipping destinations, and live chat options. In addition, the firm’s platform provides a customer-facing mode, which is a virtually in-store experience for buyers. Nivoda Limited offers customers diamond feed and e-commerce plugins for providing a variety of diamonds for selection. As of 2023, the company provides mobile applications for smartphone users to trade and track orders.

## Funding rounds

- Series C, Nov 21, 2024, $51M — Northzone, Canaan Partners, Headline, Abstract Ventures, Avenir Growth Capital
- Series B, Oct 12, 2023, $30M — Canaan Partners, Headline, Abstract Ventures, Avenir Growth Capital
- Series A, Oct 19, 2022, $13M — Headline, RiverPark Advisors, Entrepreneur First, Abstract Ventures, Operator Partners

## Investors

- Headline (https://capitalatlas.ai/funds/headline) — Series A, Series B, Series C
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Series A
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series A, Series B, Series C
- Operator Partners — Series A
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series B, Series C
- Avenir Growth Capital (https://capitalatlas.ai/funds/avenir-growth-capital) — Series B, Series C
- Northzone (https://capitalatlas.ai/funds/northzone) — Series C