Provides a B2B diamond sourcing platform that uses patented Reverse Auction™ technology to have multiple suppliers compete for orders, ensuring jewelry retailers secure the best market prices. For diamond wholesalers, the Data Driven Diamonds™ platform continuously monitors the market to identify and secure top deals, while the Pricing Co-Pilot™ optimizes inventory liquidity and competitiveness.
Funding
$3.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Diamond and jewelry businesses often struggle to efficiently source diamonds at competitive prices while maintaining optimal inventory liquidity. Monitoring market trends and competitor pricing across various platforms is a time-consuming and complex process, hindering profitability.
Solution
Liquid Diamonds offers a B2B diamond sourcing platform that leverages data and technology to empower diamond businesses. The platform's patented Reverse Auction™ technology enables jewelry retailers to secure the best market prices by having multiple suppliers compete for their orders. For diamond wholesalers, the Data Driven Diamonds™ platform continuously monitors the market to identify and secure top deals. The Pricing Co-Pilot™ optimizes inventory liquidity and competitiveness by providing real-time market intelligence and data-driven pricing recommendations. The platform combines data analysis with QC services to ensure quality and act as the customer's eyes and ears in the market.
Target Audience
The primary target audience includes jewelry retailers seeking cost-effective diamond sourcing and diamond wholesalers aiming to optimize inventory and pricing strategies.
Features
- Patented Reverse Auction™ technology for retailers to source diamonds at the best prices.
- Data Driven Diamonds™ platform for wholesalers to discover top deals through 24/7 market monitoring.
- Pricing Co-Pilot™ to increase inventory liquidity and ensure competitive pricing.
- White glove service including physical inspection of diamonds based on QC criteria.
- Program Order Sourcing solution for accessing bulk inventory without causing market disruption.
- Real-time alerts for repricing opportunities and demand surges.
- Market intelligence and price trend analysis.