Orlando, Florida (January 12, 2021) – IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, today announced that the company was awarded a seven-figure contract from a Fortune 100 Retailer this week. The retailer is a repeat customer who has expanded its influencer marketing spend with IZEA through 2021. The contract includes both managed services and licensing of IZEA’s BrandGraph software. The award of the new contract follows an announcement of new contracts from two Fortune 10 companies, and comes just one week after IZEA reported that its Managed Services bookings increased 48% in Q4 of 2020, as compared to Q4 2019.
These expanded agreements with existing customers, combined with a spike in new customer counts over the course of December, have driven strong managed services bookings growth in recent months. Managed services bookings in the first two weeks of January 2021 have now exceeded the total of January and February 2019 combined.
“I am incredibly proud of our team,” said Ted Murphy, IZEA’s Chairman and CEO. “When the pandemic first hit, our organization made a commitment to power through the challenges rather than pull back. We doubled down on innovation. We doubled down on marketing. We doubled down on white-glove customer service. Those efforts are now being reflected and rewarded with an expansion of bookings in our managed service business as well as an increasing customer count in our SaaS business. I appreciate the hard work of Team IZEA and their efforts to start the year with swagger and momentum.”