Victoria, BC, December 13, 2018: Stellar Media, a company that helps businesses create content at any scale, announced today year-over-year revenue growth of 90% for the first two months of Q4 2018.
During the period from October 1, 2018 to November 30, 2018, the company generated 90% more revenue than during the same period in 2017. On top of that, during September of 2018, Stellar generated 147% revenue growth over September of 2017.
Through its proprietary content creation platform, Stellar operates a self-serve marketplace and provides fully managed services for enterprise customers with large-scale projects. “We’ve seen growth this year from both business units,” stated Stellar CEO, Clayton Lainsbury. “It’s a good feeling when you have two well-developed revenue streams working effectively. We’re even seeing some customers leverage both self-serve and managed services, which is great.” Lainsbury indicates the revenue split between self-serve and managed services for 2018 is approximately 50%.
Stellar credits its underlying technology platform for much of its success. In a recent press release, the company shared it has achieved industry-leading turnaround metrics and quality ratings due to several proprietary features that competing platforms or marketplaces lack, including a gamification algorithm that increases the performance of writers and editors working through Stellar.
About Stellar: Stellar is a content creation company based in Victoria, BC that helps brands and agencies create online marketing content at scale. The company is backed by well-known angel investors including Todd Dunlop (founder of Neverblue Media and RingPartner) and James DeGreef (founder of GenoLogics and Tectoria Venture Partners). For more information, visit crowdcontent.com.
Media Contact:
Eric Hoppe
Director of Marketing
Stellar Media
eric@crowdcontent.com