Ethical Jeweler Brilliant Earth to go Public

By John Jeffay / September 01, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Brilliant Earth, the US-based "ethical jeweler", is going public with an IPO initially set at $100m, it announced on Monday.It follows a leap in sales of almost 45 percent, to $163m in the first half of this year.The digital-first company was founded by Beth Gerstein and Eric Grossberg in San Francisco in 2005.Gerstein had failed to find ethically-produced engagement ring. She and Grossberg went on to create what they call Beyond Conflict Free Diamonds, a new and rigorous protocol for sourcing diamonds and other gems. It sells both mined and lab grown diamonds.The founders will retain control of the company and will have a majority of the shareholder voting power. Its shares will be traded on Nasdaq under the symbol BRLT.Pic courtesy Brilliant Earth

Recent News

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok