This February, 10up wrapped its ninth year with much to celebrate. The company saw continued team and financial growth, with our most significant expansions across our European division, productized Managed Services offerings, and strategic Audience & Revenue consulting services. We also doubled down on our contributions to a broader open web community, and team culture.
The result: We continued to expand our client roster with some of our most impressive wins to date. In 2019, we welcomed some of the most respected brands and organizations in the world into our portfolio, and expanded existing relationships with industry leading clients like Google and Microsoft.
Consistent Revenue And Team Growth
10up’s eighth anniversary celebrated significant financial and team growth, which continued into our ninth year. We achieved 18% revenue growth and gained 48 new clients across verticals including healthcare, publishing, government, high tech, architecture, and financial services. We’re especially pleased by the increased diversification of that revenue across pillar accounts, which we see as vital to a healthy, sustainable workplace in the services sector. While in 2018, 20% of our revenue came from a single client, 2019 included five seven-figure clients, with the largest accounting for only 9% of company-wide revenue.
The growth of our client portfolio along with our commitment to exceptional client delivery drove the expansion of Team10up to 200 full-timers. This includes two full-time, in-house recruiters and 10uppers spread across six continents and twenty-four countries (tell Antarctica we’re hiring). The executive team also expanded, as we welcomed our first full time Chief Financial Officer, Chuck Barlett, and made three internal promotions:
- Sarah Williams, VP, Client Delivery
- Phil Crum, VP, New Client Strategy
- Martha Schmidt, VP, Account Strategy