2021
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Diamondere, Inc. is an online-only, custom fine jewelry brand. Customers can work directly with the designers to customize any jewelry piece, which is then manufactured and shipped directly to their doorstep. Diamondere takes pride in its ability to stay at the forefront of cutting edge technologies and approach problems with revolutionary solutions, often challenging the “traditional” way of doing things.
Recognizing that custom and personalized experiences are the way of the future, Diamondere has aggressively relied on technology such as CAD and 3D Printing to completely rethink the online shopping experience from the ground up. Traditionally, jewelry was produced by a manufacturer, then sold to a wholesaler, then to a retailer, and finally to the end customer. By offering the customer direct access to the designer right away, Diamondere is able to eliminate retail overheads and offer a completely modern and customized experience to the customer at very affordable prices.
Typically, high growth startups are known for unprofitability, however, Diamondere is amongst the select few businesses that has been able to grow 100% YoY over the past 2 years and achieve a Compounded Annual Growth Rate (CAGR) of 45% over the past 5 years. Despite the aggressive growth, Diamondere is one of the few companies that is currently profitable!
Credits
Entrant Company
Hill+Knowlton Strategies
Category
Entrepreneur - Corporation
Country / Region
Cambodia
Entrant Company
Aerial Group
Category
Entrepreneur - Small Business
Country / Region
United States
Entrant Company
Extend
Category
Company & Organization - Startup of the Year
Country / Region
United States
Entrant Company
Aerial Group
Category
Company & Organization - Small Business
Country / Region
United States