Nivoda

London, United Kingdom Founded: 2017 • Age: 9 yrs
Virtual try-on platform for customized jewelry is offered.

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
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’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
Key Metrics
  • Annual Revenue
    $119.53 M (USD)
    91
    as on Mar 31, 2023
  • Net Profit
    -$6.17 M (USD)
    -283
    as on Mar 31, 2023
  • EBITDA
    -$6.16 M (USD)
    -264
    as on Mar 31, 2023
  • Total Equity Funding
    $95.29M (USD)

    in 5 rounds

  • Latest Funding Round
    $51M (USD), Series C

    Nov 2024

  • Investors
    Canaan

    & 4 more

Products & Services of Nivoda

Nivoda offers a comprehensive portfolio of products and services, including Virtual Showroom, Online Diamond Feeds, and Express Delivery.

Virtual Showroom
Showcasing Tool

Platform for presenting diamonds in-store using 360-degree videos.

Online Diamond Feeds
Ecommerce Integration

API tool for displaying diamonds on retailer websites seamlessly.

Express Delivery
Logistics Service

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$51MSeries C–Northzone
Oct 2023$30.09MSeries B–Avenir Growth Capital
Feb 2023$1.6MSeries A––
–
Oct 2022$11.82MSeries A––
Oct 2020$771,392Seed––
–
Valuation history

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are funded by Northzone venture capital.
–northzone.comLondon, United Kingdom
Growth equity investments are made by the private equity firm.
–avenirgrowth.comNew York, United States
Early-stage startups are invested in by sector-agnostic VC firm.
–abstractvc.comSan Francisco, United States
Canaan is recognized as an early-stage venture capital firm.
1987canaan.comSan Francisco, United States
Investments are made in early-stage tech startups across multiple sectors.
–headline.comSan Francisco, United States
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People of Nivoda

2 people are tracked at Nivoda (2 in leadership).

NameRoleGroup
David Sutton
Co-Founder & CEOLeadership
Andre Woons
Co-Founder & CIOLeadership
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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.

  1. Founded Nivoda is founded.
  2. Funding First funding round of $771K.
  3. 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 visits
    119.8K

    ▲ 41.5% vs previous month

Similar websites

Websites whose visitors overlap most with Nivoda. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
jewelbox.co.in
100%
122.7K#273,614View details
fionadiamonds.com
100%
28.7K#977,633View details
kiradiam.com
kiradiam.com
100%
–#1,141,991–
houseofquadri.com
100%
84.5K#379,963View details
limelightdiamonds.com
100%
33.5K#758,664View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 23 similar websites and full traffic analytics for Nivoda

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  • 23 similar websites
  • Audience overlap
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M719
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, Vilnius County, LithuaniaUSD 872.04 MUSD 2 M4,595
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M887
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 73.11 M493
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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.

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