
About Nivoda
Nivoda is a Retail company based in London (United Kingdom) founded in 2017 by David Sutton and Andre Woons. It operates as a virtual try-on platform for customized jewelry is offered. Nivoda has raised $95.29 million across 5 funding rounds from investors including Canaan, Northzone and Avenir. Its chief executive is David Sutton. Its website nivoda.com draws about 120 thousand monthly visits. Nivoda offers products and services including Virtual Showroom, Online Diamond Feeds, and Express Delivery. Its focus areas include Consumer, Fashion Tech, B2B Platforms and Commerce. Its legal entity is NIVODA LIMITED.
Company details
Nivoda was founded in 2017 and is headquartered in London, United Kingdom. A virtual try-on platform is provided for the jewelry sector, enabling users to visualize customized items such as rings, necklaces, and diamond products. The platform operates through an application compatible with iOS and Android devices, supporting visualization of personalized jewelry options.
- Headquarters London, United Kingdom
- Founders David Sutton, Andre Woons
- SectorsRetail
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website nivoda.com
- Social LinkedIn Facebook Instagram
- Legal Name Nivoda Limited
- Date of Incorporation 24 Apr, 2017
- Jurisdiction LONDON, ENGLAND
- Annual Revenue$119.53 M (USD)91as on Mar 31, 2023
- Net Profit-$6.17 M (USD)-283as on Mar 31, 2023
- EBITDA-$6.16 M (USD)-264as on Mar 31, 2023
- Total Equity Funding$95.29M (USD)
in 5 rounds
- Latest Funding Round$51M (USD), Series C
Nov 2024
- InvestorsCanaan
& 4 more
Products & Services of Nivoda
Nivoda offers a comprehensive portfolio of products and services, including Virtual Showroom, Online Diamond Feeds, and Express Delivery.
Platform for presenting diamonds in-store using 360-degree videos.
API tool for displaying diamonds on retailer websites seamlessly.
Option for fast shipping of diamonds and gemstones to customers.
Funding Insights of Nivoda
Nivoda has successfully raised a total of $95.29M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $51 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $95.29M
- Total Rounds 5
- Last Round Series C β $51M
- First Round $771,392
(Oct 2020)
- Investors Count 5
All 5 funding rounds of Nivoda with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $51M | Series C | β | Northzone | |
| Oct 2023 | $30.09M | Series B | β | Avenir Growth Capital | |
| Feb 2023 | $1.6M | Series A | β | β | β |
| Oct 2022 | $11.82M | Series A | β | β | |
| Oct 2020 | $771,392 | Seed | β | β | β |
5 investors in total: 5 institutional.
Investors in Nivoda
Nivoda has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Canaan, Northzone and Avenir.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Northzone venture capital. | – | northzone.com | London, United Kingdom | |
Growth equity investments are made by the private equity firm. | – | avenirgrowth.com | New York, United States | |
Early-stage startups are invested in by sector-agnostic VC firm. | – | abstractvc.com | San Francisco, United States | |
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Investments are made in early-stage tech startups across multiple sectors. | – | headline.com | San Francisco, United States |
Investor details for Nivoda
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People of Nivoda
2 people are tracked at Nivoda (2 in leadership).
| Name | Role | Group |
|---|---|---|
David Sutton | Co-Founder & CEO | Leadership |
Andre Woons | Co-Founder & CIO | Leadership |
Complete people profiles for Nivoda
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Timeline of Nivoda
3 dated milestones of Nivoda across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Nivoda is founded.
- Funding First funding round of $771K.
- Funding Latest funding round, Series C, of $51.0M.
Web traffic of Nivoda
The website of Nivoda (nivoda.com) receives about 119.8K visits a month.
- Monthly visits119.8K
▲ 41.5% vs previous month
Websites whose visitors overlap most with Nivoda. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jewelbox.co.in | 100% | 122.7K | #273,614 | View details | |
| fionadiamonds.com | 100% | 28.7K | #977,633 | View details | |
kiradiam.com | kiradiam.com | 100% | – | #1,141,991 | β |
| houseofquadri.com | 100% | 84.5K | #379,963 | View details | |
| limelightdiamonds.com | 100% | 33.5K | #758,664 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 23 similar websites and full traffic analytics for Nivoda
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- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Fashion & Lifestyle E-Commerce
10 companies that operate in the same segment as Nivoda (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Vilnius County, Lithuania | USD 872.04 M | USD 2 M | 4,595 | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 |
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Related news about Nivoda
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Frequently Asked Questions about Nivoda
Nivoda was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Nivoda is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
David Sutton is the current CEO of Nivoda. They have also founded this company.
Nivoda is a funded company, having raised a total of $95.29M across 5 funding rounds to date. The company's 1st funding round was a Seed of $771.39K, raised on Oct 2020.
Annual revenue of Nivoda is $119.53M as on Mar 31, 2023.
Nivoda was founded in 2017 and is headquartered in London, United Kingdom. A virtual try-on platform is provided for the jewelry sector, enabling users to visualize customized items such as rings, necklaces, and diamond products. The platform operates through an application compatible with iOS and Android devices, supporting visualization of personalized jewelry options.
Nivoda offers Virtual Showroom, Online Diamond Feeds, and Express Delivery.
Nivoda has 5 investors. Key investors include Canaan, Northzone, Avenir, Abstract Ventures, and Headline.
Nivoda operates through Nivoda Limited.
The website of Nivoda receives about 120 thousand visits a month.
