Orlando, Florida (January 18, 2019) – IZEA Worldwide, Inc. (NASDAQ: IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, today announced that it continues to expand its direct relationship with a Fortune 10 customer. The customer began working directly with IZEA in 2017 after a successful pilot program with an agency partner. Direct spend grew 380% from 2017 to 2018, and in 2018 the customer’s aggregated commitment reached the high-seven figure mark. In the first few weeks of 2019, IZEA has received additional commitments from this customer, and Q1 2019 spend is already above the total spend in Q1 2018.
“Our investment in developing best-in-class technology, and commitment to customer service excellence, is being rewarded with repeat business by the companies that set the highest bars in both of these areas,” said Ted Murphy, Founder and CEO of IZEA Worldwide. “We are thrilled to be working with some of the world’s leading companies who value our thought leadership, embrace our mission to champion the creators, and trust their multi-billion dollar brands to IZEA and our network.”
“Becoming an approved partner for a company of this size requires an extensive review and vetting process,” continued Murphy. “But even more challenging is growing the relationship in a hyper-competitive and fast changing environment. I am pleased with our progress with this customer and excited by the growth we are seeing with other Fortune-ranked companies as well.”
IZEA recently reported record bookings of $11.2 million for Q4 2018, up 115% YoY. The company expects to report financial results for the fourth quarter of 2018 on March 28, 2019.