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In the Spotlight with Veronica Favoroso CEO, GemCloud

The Art of Jewellery

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September 2020

More businesses rely on the internet to go to market, generate sales and provide customer service.

In the Spotlight with Veronica Favoroso CEO, GemCloud

This means professional inventory management is increasingly being considered as a necessity and GemCloud, as the sector leader, has taken tremendous steps to bring the coloured gemstone industry online. The tech company has recently unveiled its new gemstone inventory management software, to help gem traders increase the efficiency of their operations and boost their sales channels. Already deployed and connecting with some of the leading names in the industry, GemCloud provides a range of services for buyers and sellers including a universal grading standard for coloured gemstones.

Users can also have exclusive access to an online marketplace providing competitive pricing, traceability, and a completely secured and vetted environment. Founded by a team of gemstone experts from key areas of the industry, we spoke to Veronica Favoroso, CEO and co-founder of GemCloud, about the company’s latest technological innovations, and its vision to become the leading marketplace and tech provider for the gemstones industry.

What is your background?

Veronica Favoroso: I’m a trained attorney but also come from a business background. I read an MBA in London after 5 years working in the booming landscape of China during the Olympic games and the expo. I learnt about gemstones with Faberg é and Gemfields where I worked for about 5 years, and where I met my husband and co-founder Philippe Ressigeac.

What led you to launch GemCloud? Tell us a little about this.

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