Nivoda’s share price has jumped by 484% since the Access EIS Fund's Biannual Report in November, taking the company's share price to to 1,162% above its valuation at the time of our investment in 2020.
The world's largest collection of gemstones, including natural and lab grown diamonds.
Nivoda is the world’s fastest-growing online diamond marketplace. It was founded to address inefficiencies in the world of diamond trading, and presents a solution to increase sales and margins for businesses of all sizes while removing the burden of sourcing diamonds.
As the world of diamond sales becomes increasingly competitive, Nivoda offers sellers a platform that allows them to purchase diamonds from all over the world, including the option to purchase from multiple suppliers in one transaction, place stones on hold to finalise purchases without losing the stone, and even deploy the Nivoda Showroom virtual presentation tool to showcase stones from the global Nivoda inventory digitally.
“The diamond trade is a $100+ billion industry that still operates in a very local and fragmented way. Providing access to a global supply chain is transforming a centuries-old business. The success of this transformation, although we’re still at the early stages, has allowed us to raise investment this year in a challenging funding market,” said Nivoda CEO and co-founder Dave Sutton. “This investment is a testament to the hard work of our team and the trust that our partners and customers place in us.”
To date, Nivoda has raised £76.2m from investors.
Key milestones
November 2024 – Secured $51M in Series C funding to Expand Global Diamond Supply Chain.
May 2024 – Secured $30 Million in Series B funding.
May 2023 – Closed its Series A with a raise of $11m at a $55m post-money valuation.
2022 – Nivoda launched its credit facility ‘Nivoda Capital’.
2020 - Access EIS invested in Nivoda.
2017 - Nivoda founded.
What return and tax relief would investors see on a Nivoda exit?
If you had invested £5,000 in Nivoda in 2020, it would be worth £63,910 if the company were to exit now.
Because it is an EIS investment, you would also have been able to:
Claim 30% of your investment as income tax relief (£1,500).
Defer up to £5,000 (the amount invested) of any capital gain arising one year before, and up to three years after, the date of your share acquisition.
Sell your EIS shares free of capital gains tax.
Exempt your EIS shares from your taxable estate. EIS shares qualify for Business Relief.
Find out more about the tax relief available through EIS investing.
Invest in companies like Nivoda with Access EIS
The Access EIS Fund employs a unique model to gain access to some of the most promising new startups in the UK.
By co-investing with carefully vetted angel investors who have demonstrated their expertise in making profitable investments, we are able to back the UK’s best companies earlier in their lifecycle, and win greater potential return multiples for our investors.
We build large, diverse portfolios to optimise growth potential and minimise risk. Investing in startups is risky, and many fail. But with a broad holding of top quality businesses, your chance of investing in one of the UK’s next success stories is increased.
Nivoda is one of a number of companies in the Access portfolio seeing growth exceeding 500%. We invest in new companies each month, so the sooner you make your investment, the sooner you can start building your portfolio of promising new startups.
Find out more about investing in the Access EIS Fund.
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