COMPANY

F11 (Factor Eleven)

F11 (Factor Eleven) is a retail adtech platform for store-visit campaigns and creative automation.

Analyst Perspective

Factor Eleven GmbH is a German B2B advertising technology company focused on helping retailers and brands run digital campaigns that increase physical store visits. Its core offering is a drive-to-store platform that combines campaign planning, local audience targeting, cross-channel ad delivery, measurement, and reporting. The company also provides an embedded creative automation product and a managed campaign service for advertisers that prefer outsourced execution. The business generates revenue from a hybrid mix of software access and managed advertising services. Its direct customers are retail marketing teams, multi-location retailers, and brand advertisers seeking measurable local advertising outcomes, particularly footfall and store-level performance. Based on the provided financial evidence, the company was acquired by Armira Investment Holding and now operates within that ownership structure.

Analyst Signal Briefing

No strategic news signals detected in the last 90 days.

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Category Differentiation

This is a B2B retail advertising technology company, not a consumer app, retailer, or general-purpose media agency. It is specifically focused on drive-to-store advertising software and managed execution for brands and retailers.

F11 (Factor Eleven): About

Factor Eleven operates a hybrid adtech model. It provides proprietary campaign software for planning, activating, and measuring retail-focused advertising, while also offering managed services for customers that want end-to-end campaign execution. The company creates value by simplifying localised, cross-channel media activation and connecting advertising delivery to in-store traffic objectives. Revenue is created through platform usage or licensing and through service-based campaign management tied to advertiser demand.

How F11 (Factor Eleven) Works & Monetises

Business model analysis and core revenue streams

The company uses a hybrid monetisation model combining SaaS-style platform revenue with managed advertising income. The self-serve drive-to-store platform likely monetises through platform access, usage, or campaign-volume-linked pricing. The managed Brand Booster offer likely generates service fees and/or margin on media activation. Creative tooling supports retention and workflow expansion, with some creative support used as part of bundled service packaging rather than always as a standalone paid product.

Revenue Channels

Drive-to-Store PlatformSaaS / software access or usage-linked platform fees
Brand Booster managed campaignsService fee / retainer and possible media margin
AdCreator creative automationBundled software value and possible upsell

Recent Signals (F11 (Factor Eleven))

OnlineMarketing.deJun 25, 2020

Nine Executives Assess Marketing in Corona Times

Nine industry leaders from affiliate marketing, location marketing, marketing intelligence, video advertising, online marketing, and social advertising share how the COVID-19 crisis has reshaped digital marketing. In cooperation with agency schoesslers, the piece collects practical insights on budget shifts, channel dynamics, and evolving consumer behavior. The piece references the Bundesverband Digitale Wirtschaft (BVDW) findings, which showed widespread concerns about revenue declines yet highlighted resilience in certain digital areas like e-commerce. Specific data points cited include a 150% rise in mid-March 2020 publisher applications in affiliate networks, 95% campaign continuation in the retail segment, and a 25% YoY increase in affiliate commissions in April 2020. Adjust reports a 40% YoY uplift in engagement for shopping apps with lower CAC. Verizon Media notes substantial traffic gains across Yahoo News (+87%), Yahoo Lifestyle (+118%), and Yahoo Finance (+82%). Overall, the insights stress omnichannel, data-driven strategies and the need for trust and privacy-aware marketing as the crisis persists.

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OnlineMarketing.deMay 23, 2019

SMARTech Awards 2019 Winners Revealed

Jury-selected six winners across categories at the SMARTech Awards, powered by Criteo, from 100 submissions. Winners include AX Semantics; Fischer Appelt with Air Berlin; IP Deutschland with Rügenwalder Mühle and Plan.net; André Morys; Franziska von Lewinski; Factor Eleven. The ceremony occurred at the Andaz Ballroom in Munich before about 200 attendees, highlighting best practices and innovative campaigns rather than performance alone. Alexander Gösswein, Regional Manager Director at Criteo and initiator of the awards, commented on the industry’s movers beyond their own companies. OnlineMarketing.de served as media partner, and the event continues the tradition of the former Criteo Performance Marketing Awards with a renewed emphasis on innovation.

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OnlineMarketing.deApr 29, 2019

SMARTech Awards 2019 shortlist announced

CRITEO, the open Advertising platform, published today the shortlist for the SMARTech Awards – powered by Criteo. The six-category shortlist was chosen by an independent jury from nearly 100 submissions. The event will honor the most innovative and high-performing campaigns as well as leading companies and minds in the German-speaking digital market, with a ceremony set for May 22, 2019 in Munich. The jury evaluated based on KPIs and the level of innovation; startups receive a special role: the top ten startups will compete live for the last three places on the shortlist before an expanded jury. Alexander Gösswein, Regional Managing Director at Criteo and SMARTech initiator, notes trends such as programmatic campaigns, the integration of online and offline marketing, and cookie-less audience targeting. Shortlist highlights include Best SMARTech Provider: AX Semantics, Exactag, Metoda; Innovative Performance Marketing Idea: Fischer Appelt with AirBerlin, Husare with SEVERIN Floorcare, Civey with Telekom; Best Brandformance Campaign: Bonprix, Syzygy with Escada, IP Deutschland with Rügenwalder Mühle.

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F11 (Factor Eleven): Frequently Asked Questions

What is F11 (Factor Eleven)?

It is a German B2B adtech company offering a drive-to-store advertising platform, creative automation, and managed campaign services for retailers and brands.

Who uses F11 (Factor Eleven)?

Its users are retail marketing teams, multi-location retailers, brand advertisers, and creative or marketing teams that want to drive in-store traffic.

How does F11 (Factor Eleven) make money?

It makes money through a mix of platform-based software revenue and managed advertising services, likely including service fees and campaign-related media margins.

Company Facts

Founded
2014
Headquarters
Ulmenstr. 21a, 22299 Hamburg, Germany
Core Segment
AdTech Vendor
Company Size
50–200
Official Link
factor-eleven.com