October 28, 2016 11:24 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Gemvara, Inc.

Company Overview

Gemvara, Inc. manufactures and sells custom-made fine jewelry for women and men through an online store. Its product categories include gemstone and diamond engagement rings; wedding rings and jewelry; and created rings, necklaces, and diamond studs. Gemvara, Inc. was formerly known as Paragon Lake, Inc. and changed its name to Gemvara, Inc. in February 2010. The company was founded in 2006 and is based in Boston, Massachusetts. As of April 27, 2016, Gemvara, Inc. operates as a subsidiary of Richline Group, Inc.

141 Tremont Street

Boston, MA 02111

United States

Founded in 2006





Key Executives for Gemvara, Inc.

Chief Executive Officer and Director
President and Chief Operating Officer
Founder and Chairman of the Board
Age: 31
Chief Architect
Chief Merchandising Officer
Compensation as of Fiscal Year 2016.

Gemvara, Inc. Key Developments

Gemvara Launches Online Stone Resetting

Gemvara unveiled Stone Reset by Gemvara, a new service that will change the way consumers look at their jewelry. Through a simple online platform, customers can securely send in a gemstone or diamond to be reset into a new piece. Each reset piece is customer-styled and handcrafted by Gemvara's expert jewelers and stone-setters. Customers create new jewelry that retains the history of a special stone that is delivered at a fraction of the cost of a new piece.

Gemvara, Inc. Announces Executive Changes

Matt Nichols, formerly chief financial officer for Gemvara, Inc., has been promoted to CEO. Nichols joined Gemvara in 2011 and was previously principal at Highland Capital, focusing on information technology investments. He was also previously a member of the corporate development team at Google Nichols succeeds Janet Holian as CEO. Holian, a former Vistaprint executive, had joined Gemvara in 2011 as chief operating officer.

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