Company Continues Strong Momentum in Managed Services Bookings
Orlando, Florida (January 5, 2021) – IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, announced today that it is off to a strong start in 2021 following the award of several new influencer marketing contracts on Monday. Among them were commitments from two Fortune 10 customers, both returning for expansion of their influencer marketing programs with IZEA. When compared against the total managed services bookings from January 2020, the combined value of these contracts in the first week of 2021 already exceeds 50% of last January’s total. These wins continue upon the surge of Managed Service bookings that IZEA saw in Q4 of 2020. Managed Services bookings increased 48% in Q4 of 2020, as compared to Q4 2019.
“We are pleased to start 2021 with a bang,” said Ted Murphy, IZEA’s Chairman and CEO. “Our team has been working diligently to navigate a complex and challenging landscape over the past nine months. These wins are reflective of our collective effort to adapt and evolve as an organization.”
“Growth is our primary focus for 2021,” continued Murphy. “We are already within striking distance of our January 2020 Managed Services bookings number on the first business day of the month. Looking ahead, we are well positioned to continue our strong positive momentum in Q1 despite the ongoing macro challenges related to the COVID-19 pandemic.”