Nivoda Sees 11X Growth in Valuation

Nivoda, an online diamond marketplace, has seen a remarkable growth trajectory, boasting an 11-fold increase in valuation since the Access EIS Fund invested in them in 2020. This growth has translated into a 484% rise in Nivoda's stock price since the biannual report by Access EIS in November. The company leverages inefficiencies in the traditional diamond trading industry to provide an optimized platform for businesses to access a global supply chain of diamonds. Its innovative business model has been well-received in the $100+ billion diamond industry, and despite a challenging funding environment, Nivoda secured substantial investments; $51 million in Series C in November 2024, $30 million in Series B in May 2024, and $11 million at a $55 million valuation in 2023. Nivoda's partnerships and its strategic use of technology, such as the Nivoda Showroom virtual tool, have played key roles in its ascension. Part of the Access EIS Fund's diverse portfolio, Nivoda offers significant potential returns to its investors, showcasing the efficacy of the Fund's co-investment model with vetted angel investors, which aims to build robust portfolios that maximize growth potential while minimizing investment risks.