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David Sutton
Co-Founder & CEO at Nivoda (We're hiring)
David Sutton is the Co-Founder and CEO of Nivoda, a leading B2B diamond marketplace for jewelry retailers, wholesalers, and manufacturers.12 He founded Nivoda in May 2017 with the mission to create a platform where businesses can easily and reliably trade diamonds while benefiting from reduced payment and shipping costs.1
Sutton has spent his entire professional life in the jewelry industry, gaining experience in South Africa, Hong Kong, and the UK.2 His career path includes:
- Sales Representative at Bill's Diamonds (2005-2005)
- Sales Representative at Bassano Collection Group (2006-2007)
- Founder of Sutton Diamonds (2007-2011)
- Co-Founder & COO of Taylor & Hart (2012-2017)
- Co-Founder & CEO of Nivoda (2017-present)1
Sutton's educational background includes attending St David's Inanda (1998-2001) and British International College Johannesburg (2001-2004).1 He holds several certifications, including a Diamond Dealer's License from the South African Diamond and Precious Metals Regulator and a Rough Diamond Grading Certificate from the Diamond Education College.14
Under Sutton's leadership, Nivoda has grown significantly. The company recently raised £10 million from leading investors and works with thousands of retailers globally.1 In May 2024, Nivoda secured $30 million in Series B funding to further enhance customer growth, market expansion, and global outreach.35
Sutton's vision for Nivoda is to address the inefficiencies in global jewelry trade by combining physical transportation infrastructure with cutting-edge technology. The platform aims to provide time and cost savings to diamond and jewelry companies worldwide, offering access to over 1.6 million natural, lab-grown, and melee diamonds.5
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