FOR IMMEDIATE RELEASE
[Or: EMBARGOED UNTIL [00:00] [Time Zone], [Month DD, YYYY]]
[Company Name] Raises $[Amount] [Series / Seed] Round Led by [Lead Investor]
[Subheadline: what the funding will be used for, in one line]
[CITY, State] – [Month DD, YYYY] – [Company Name], [one-phrase description of the company], today announced it has raised $[Amount] in [round] funding led by [Lead Investor], with participation from [Investor], [Investor], and [Investor]. The round brings the company's total funding to $[Amount].
Round | [Seed / Series A / Series B] |
Amount | $[Amount] |
Lead investor | [Firm Name] |
Participating | [Firm Name], [Firm Name], [Individual investors, if disclosed] |
Total raised to date | $[Amount] |
Closed | [Month YYYY] |
Use of funds
[Company Name] plans to use the funding to:
- [Use, e.g. expand the engineering team from [N] to [N]]
- [Use, e.g. enter a new market or region]
- [Use, e.g. develop a named product or capability]
[Paragraph on the company's progress to date: customers, growth, or milestones that are already public.]
“[Quote from [Name], [Title] of [Company Name]. Insert only wording the speaker has approved.]” said [Name], [Title] of [Company Name].
“[Quote from [Name], [Title] at [Lead Investor]. Insert only wording the speaker has approved.]” said [Name], [Title] at [Lead Investor].
[Optional: any board changes, advisors, or legal and financial advisors on the transaction.]
About [Company Name]
[Company Name] [makes / provides] [what the company does] for [customers]. Founded in [year] and headquartered in [city], the company [one public fact]. More information is available at [website].
About [Lead Investor]
[Lead Investor] is a [type of firm] that invests in [stage and sector]. [Firm-approved boilerplate or website.]
Media contact
[Name], [Title]
[Company Name]
[email@example.com] · [Phone]
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