LI
COMPANY

LiquidM

LiquidM is a programmatic DSP technology for advertisers, agencies and trading desks.

Analyst Perspective

LiquidM Technology GmbH is a Berlin-based adtech company operating as the LiquidM DSP brand within Equativ. It provides self-service programmatic media buying technology for advertisers, agencies and trading desks, with core capabilities in campaign management, bidding, activation, reporting and optimisation across web, mobile and connected TV inventory. The company generates revenue from platform usage tied to programmatic media buying, enterprise commercial agreements and related managed services within the wider Equativ stack. Its direct customers are business users rather than consumers, especially media buyers seeking a programmatic buying interface connected to curated and omnichannel inventory.

Analyst Signal Briefing

Archived (Stand: 24 Jun 2026)

No strategic news signals detected in the last 90 days.

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Category Differentiation

LiquidM is a B2B programmatic demand-side advertising platform and legal entity within Equativ, not a consumer app or independent media owner. It is distinct from SSPs and publishers because its direct role is buying-side campaign execution for advertisers and agencies.

LiquidM: About

LiquidM operates a B2B adtech model centred on demand-side software. It creates value by giving advertisers and agencies a single platform to plan, buy, activate and optimise programmatic campaigns across multiple digital channels. As part of Equativ, the platform also benefits from integration with adjacent supply, curation and creative capabilities, which increases workflow efficiency and strengthens buyer retention.

How LiquidM Works & Monetises

Business model analysis and core revenue streams

LiquidM monetises through platform fees and programmatic take rates linked to media buying activity, typically structured through enterprise agreements based on spend, usage volume and service scope. Within the broader Equativ commercial model, additional revenue can come from managed programmatic services and value-added modules such as creative enhancements and curation workflows.

Revenue Channels

DSP platform usage tied to programmatic media buyingPercentage Take-Rate
Enterprise software access and workflow toolingSoftware Subscription
Managed campaign execution and optimisation supportService Fee
Value-added creative and curation modulesSoftware Subscription

Recent Signals (LiquidM)

Roq.ad GmbH About MonitorMar 15, 2026

Roqad: Pioneering Privacy-First Identity Solutions for AdTech

Roqad is an identity-focused adtech company that builds privacy-first identity solutions for anonymized users and cookieless environments. The About page describes the company’s mission to address multi-device fragmentation and churn by providing tools and insights for identity resolution while complying with global privacy regulations. The page profiles senior leadership and sales/execution teams, including Co-Founder & CEO Carsten Frien and other executives with backgrounds across adtech, data, and product (LiquidM, madvertise, Adjust, Quantcast, Anonos, Verve Group, Zeotap Data, Advendio). It also references a commercial/organizational change tied to Zeotap Data and emphasizes partnerships and data-product development for programmatic and social advertising ecosystems.

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VideoWeekJun 8, 2022

Smart Adserver Rebrands to Equativ

Smart Adserver, a publisher-focused ad server and SSP, has rebranded to Equativ and will operate as a unified business with LiquidM and DynAdmic, which it acquired in 2019 and 2021 respectively. The move relocates the company’s positioning from primarily sell-side to an end-to-end ad tech platform. Equativ states the brand underscores equal treatment of clients and aims to promote openness, fairness, and accountability while facilitating direct interaction between buyers and sellers in a simpler, more transparent advertising journey. Prior to the rebrand, Smart Adserver already worked closely with LiquidM (DSP) and DynAdmic (contextual targeting/CTV); the three will now formally operate as one entity, described as a relaunch of Equativ’s global presence. CEO Arnaud Créput emphasizes a unified team under the Equativ umbrella. Independence remains a core theme as Equativ positions itself as a transparent alternative to monopolistic walled gardens, with a focus on privacy and first-party data activation.

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VideoWeekJun 30, 2021

Smart Adserver Acquires DynAdmic

Smart Adserver, a French ad-tech firm operating an integrated ad server, SSP, and DSP, has announced the acquisition of DynAdmic, a French specialist in contextual targeting for video and CTV. The deal will integrate DynAdmic’s technology into Smart’s stack to offer contextual targeting and brand-safety tools for video buys, and to strengthen cookie-free targeting across Smart’s Buyer Connect DSP. DynAdmic uses audio recognition to analyze spoken content and derive contextual categories. The acquisition aims to expand Smart’s footprint in the USA, where DynAdmic generates the majority of its sales (around 60%), and DynAdmic also maintains offices in Germany, Mexico, Brazil, Colombia, Dubai, with headquarters in France. Smart has been positioning for a post-cookie era and recently signed a deal with identity specialist ID5; Arnaud Creput, Smart’s CEO, stated the acquisition complements existing cookie-free and CTV strengths.

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LiquidM: Frequently Asked Questions

What is LiquidM?

LiquidM is a Berlin-based programmatic DSP technology company operating within Equativ, providing media buying, bidding and campaign management tools for advertisers and agencies.

Who uses LiquidM?

Advertisers, media agencies, programmatic traders and trading desks use LiquidM to plan, activate and optimise digital ad campaigns.

How does LiquidM make money?

LiquidM makes money through platform fees, media-spend-linked take rates and related managed services for programmatic campaign execution.

Company Facts

Founded
2013
Headquarters
Germany
Core Segment
AdTech Vendor
Company Size
10–49
Official Link
liquidm.com