Stature will deliver a year-long campaign to promote Smarkets, and also run a full-service press office and provide content strategy.
Alex Wheldon, chief marketing officer at Smarkets, said: "Having now reached the £1bn milestone, it made sense to engage a PR agency. Stature PR’s creative initiatives, overall strategy and understanding of our brand impressed and we look forward to cementing a strong working relationship with them over the coming months."
Duncan Purves, managing director of Stature PR, said: "We are thrilled to be working with Smarkets at this pivotal point. Helping them reach the next phase of their brand development is a hugely exciting prospect."