About Eleven
Eleven is a company based in Stockholm (Sweden) founded in 2004 was acquired by Verdane in April 2018. It operates as a Direct-to-Consumer (D2C). Eleven offers products and services including Skincare Products, Makeup Products, Perfumes, and Haircare Products. Eleven operates in a competitive market with competitors including Lyko, Parfym, Skincity, Apomera and ByBloom, among others.
- Headquarter Stockholm, Sweden
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Youty Ab
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Products & Services of Eleven
Eleven offers a comprehensive portfolio of products and services, including Skincare Products, Makeup Products, Perfumes, and Haircare Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Skincare items are offered for various skin needs.
Makeup products are provided for cosmetic enhancement purposes.
Perfumes are sold for personal fragrance and appeal.
Haircare solutions are available for nourishment and styling.
Funding Insights of Eleven
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eleven
Eleven has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Verdane. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eleven
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eleven
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eleven Comparisons
Competitors of Eleven
Eleven operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lyko, Parfym, Skincity, Apomera and ByBloom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce support services are provided by Lyko in Sweden.
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| domain | founded_year | HQ Location |
Multi-category beauty care products are offered via an online platform.
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| domain | founded_year | HQ Location |
Multi-category beauty products are retailed via an online platform.
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| domain | founded_year | HQ Location |
Health and beauty products are purchased through an online platform.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in beauty products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Eleven
When was Eleven founded?
Eleven was founded in 2004.
Where is Eleven located?
Eleven is headquartered in Stockholm, Sweden.
What is the annual revenue of Eleven?
Annual revenue of Eleven is $29.17M as on Apr 30, 2019.
What does Eleven do?
Beauty and personal care products are offered by Eleven through an online platform. Various categories including skincare, makeup, perfumes, and haircare are covered. The company operates as an authorized retailer, ensuring authenticity of products. Based in Stockholm, Sweden, operations are managed under Youty AB, targeting consumers directly with a focus on quality and variety in the beauty sector.
What products or services does Eleven offer?
Eleven offers Skincare Products, Makeup Products, Perfumes, and Haircare Products.
Who are Eleven's investors?
Eleven has 1 investor. Key investors include Verdane.