Canaan X

Canaan X, established in 2014, is an early-stage venture capital fund based in San Francisco, California, managed by Canaan Partners. The fund invests in early-stage companies across the United States, Israel, and India, focusing on software, healthcare, and technology, media, and telecommunications (TMT) sectors. Canaan X typically invests between $1 million to $20 million per company, supporting entrepreneurs from the early stages through expansion.

Brent Ahrens

General Partner

Nandu Anilal

Vice President, East Coast

Richard Boyle

General Partner - West Coast

Laura Chau

General Partner - East Coast

Brendan Dickinson

General Partner - East Coast

Rayfe Gaspar-Asaoka

Partner - West Coast

Nina Kjellson

General Partner - West Coast

Ehud Levy

Co-Founder and General Partner, Canaan Partners Israel

Jared Newman

Vice President, East Coast

Julie Papanek

Partner

Guy Russo

General Partner - East Coast

Uwe Schoenbeck

Venture Partner

Hrach Simonian

General Partner - West Coast

Dana Warren

Venture Partner, East Coast

Bob Williams

Venture Partner - West Coast

Mark Mangiola

Venture Partner

Past deals in Jewelry

Nivoda

Series C in 2024
Nivoda Limited is a B2B online marketplace that facilitates the buying and selling of diamonds and jewelry. Founded in 2017 and headquartered in London, with an additional office in Hong Kong, Nivoda aims to streamline the global jewelry trade by offering a comprehensive solution for businesses. The platform enables users to efficiently browse a wide selection of diamonds and gemstones from verified suppliers, ensuring competitive pricing and reliable sourcing. By simplifying the procurement process, Nivoda helps jewelry businesses enhance their profitability and accelerate growth while avoiding the logistical challenges and extra costs associated with international purchases.

Nivoda

Series B in 2024
Nivoda Limited is a B2B online marketplace that facilitates the buying and selling of diamonds and jewelry. Founded in 2017 and headquartered in London, with an additional office in Hong Kong, Nivoda aims to streamline the global jewelry trade by offering a comprehensive solution for businesses. The platform enables users to efficiently browse a wide selection of diamonds and gemstones from verified suppliers, ensuring competitive pricing and reliable sourcing. By simplifying the procurement process, Nivoda helps jewelry businesses enhance their profitability and accelerate growth while avoiding the logistical challenges and extra costs associated with international purchases.

Gemist

Seed Round in 2022
Gemist, Inc. is a jewelry design and manufacturing company based in Los Angeles, California. Founded in 2018 and originally known as Madeline's Rings Co., the company rebranded in July 2019 to better reflect its focus on customized jewelry solutions. Gemist operates an online platform that allows consumers to personalize jewelry and accessories, offering a unique "Try-and-Buy" experience. This service enables customers to receive free replicas of their designs before finalizing their purchase. The company leverages technology to enhance the e-commerce experience, providing tools for jewelry customization and virtual try-on, thereby facilitating deeper customer engagement and personal buying experiences. Through its innovative approach, Gemist aims to redefine how millennials interact with jewelry.

The RealReal

Series G in 2018
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.

The RealReal

Series E in 2016
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.

The RealReal

Series D in 2015
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.

The RealReal

Series C in 2014
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.

The RealReal

Series B in 2013
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.

Borro Private Finance

Series C in 2012
Borro Private Finance is an online lending company that specializes in providing loans secured against luxury assets such as fine art, classic cars, jewelry, and watches. Founded in 2008 and headquartered in London, with an additional office in New York, the company offers discreet financing options that allow individuals to leverage their high-value possessions as collateral for both short and long-term loans. Borro's in-house valuation expertise ensures clients receive accurate assessments of their assets, facilitating quick access to capital for various needs, whether to capitalize on opportunities or manage unexpected expenses. The company operates as a subsidiary of Luxury Asset Capital LLC.

The RealReal

Series A in 2012
The RealReal, Inc. is the largest online marketplace for authenticated resale luxury goods, headquartered in San Francisco, California. Founded in 2011, the company operates a full-service consignment platform that includes various product categories such as women's, men's, and kids' fashion, fine jewelry, watches, art, and home goods. With over 37 million members, The RealReal has sold nearly 40 million items through a rigorous authentication process managed by a team of skilled experts, including gemologists and horologists. The company emphasizes sustainability by promoting the circular economy, giving new life to luxury items from thousands of brands. It offers a range of services to make selling easy for consignors, including virtual appointments, in-home pickups, and direct shipping. The RealReal generates revenue through consignment and first-party sales, leveraging advanced technology to authenticate items and optimize pricing, which allows it to maintain higher take rates compared to competitors.

Gemvara

Series D in 2012
Gemvara, Inc. is a Boston-based manufacturer and retailer of custom-made fine jewelry, specializing in personalized pieces for both women and men. Founded in 2006, the company operates an online store that provides an extensive selection of over 1.5 million unique design possibilities, including engagement rings, wedding bands, necklaces, earrings, and bracelets. Utilizing a made-to-order technology platform, Gemvara allows customers to customize their jewelry with a variety of gemstones and precious metals, ensuring each piece is handcrafted to meet individual preferences. The company, previously known as Paragon Lake, Inc., rebranded in February 2010 and now functions as a subsidiary of Richline Group, Inc.

Gemvara

Series B in 2010
Gemvara, Inc. is a Boston-based manufacturer and retailer of custom-made fine jewelry, specializing in personalized pieces for both women and men. Founded in 2006, the company operates an online store that provides an extensive selection of over 1.5 million unique design possibilities, including engagement rings, wedding bands, necklaces, earrings, and bracelets. Utilizing a made-to-order technology platform, Gemvara allows customers to customize their jewelry with a variety of gemstones and precious metals, ensuring each piece is handcrafted to meet individual preferences. The company, previously known as Paragon Lake, Inc., rebranded in February 2010 and now functions as a subsidiary of Richline Group, Inc.

Gemvara

Series A in 2008
Gemvara, Inc. is a Boston-based manufacturer and retailer of custom-made fine jewelry, specializing in personalized pieces for both women and men. Founded in 2006, the company operates an online store that provides an extensive selection of over 1.5 million unique design possibilities, including engagement rings, wedding bands, necklaces, earrings, and bracelets. Utilizing a made-to-order technology platform, Gemvara allows customers to customize their jewelry with a variety of gemstones and precious metals, ensuring each piece is handcrafted to meet individual preferences. The company, previously known as Paragon Lake, Inc., rebranded in February 2010 and now functions as a subsidiary of Richline Group, Inc.

Paragon Lake

Venture Round in 2008
Paragon Lake has changed jewelry buying experiences by providing retailers and consumers a way to design one of a kind jewelry online.
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