Launching a Company out of Stealth
You might have heard the expression, “You never get a second chance to make a first impression.” That certainly is true for startups launching out of stealth.
Launching out of stealth is among the first and most important opportunities to present your company to target audiences — including media, analysts, prospects, investors, partners and even competitors.
A company launch may be the most comprehensive story you’ll ever tell about your company. It marks the debut of products and services, executives, customers and investors. It’s the first episode that sets the stage and the context for all events and stories to follow.
Your company launch will feel exhilarating as you open your doors for business and a world of possibilities, but remember: You’re not the only one launching a company. According to the U.S. Census Bureau, in recent years more than 5 million businesses have been launched annually in the United States. The stakes are also high: The U.S. Bureau of Labor Statistics states that half of small businesses fail within five years.
The launch can feel lonely too. But know that you’re not alone if you choose Bospar, a comprehensive communications partner. With public relations, analyst relations, social media and marketing expertise — and experience launching many startups from stealth — Bospar can help your launch succeed and set your company on a path to more success.
A company launch is as multifaceted as the journey you took to get to such a pivotal juncture and milestone. The launch involves the preparation and execution of nearly all forms of communication that the company will regularly use throughout its life cycle.
Half of small businesses fail within five years.
A company launch should include:
- Analyst relations: Several months before you formally launch the company and its offerings, conduct analyst briefings. Analysts are experts and influencers who can help with messaging and positioning. Your prospective customers who learn about your company from the launch also likely will ask analysts their opinions, so it’s important to establish strong relationships with analysts.
- Professional website: Your website should be developed and ready to be unveiled on launch day. Chances are that your initial website is a “stealthy” version with limited information that should be replaced with a more detailed and engaging website that conveys a company open for business. The website should provide a comprehensive view of the organization, including its mission, value proposition, products, customer profiles and quotes, and executive biographies.
- Social media: Your company may have limited or no social media presence before launch. Your launch-day and post-launch social media posts and pages need to be ready for the big day, in addition to the strategy of how to best engage on social media before, during and after the launch.
- Press release: You need a press release that encapsulates your company’s mission, value proposition, products, customer profiles and quotes, analyst quotes and executive biographies in one engaging document, which may be the first document that your audiences read about your company. For the greatest possible visibility of your launch press release, you need to set up an account with a wire service for press release distribution.
- Media relations and media training: Several weeks before launch, media who may be interested in your news should be identified and included in a media database for your launch and ongoing media relations. A few weeks before the big day and after the press release is ready, media need to be pre-pitched, given advance notice of your entry into the market and the value that you will provide. You need to conduct advance briefings with media who are interested in learning and writing about an exciting new company and product, if they like what they read and hear from you. You also need to be trained and prepared for how to conduct these media briefings. After your press release is live on a wire service, media who haven’t yet met with you or who haven’t yet published their stories need to be contacted. All of these media activities form the basis of your ongoing media relationships during and following the launch.
All of these initiatives require strategists and specialists, time and labor to ensure the best possible result for your debut. Entrust the professionals at Bospar to ideate, manage and execute these all-encompassing and critical launch activities for your company.
After all the effort that you, your cofounders, employees and investors put into the launch, make it a success with Bospar!
Since 2015, Bospar has launched dozens of startups out of stealth, resulting in spectacular media coverage and mindshare among their audiences.
For example:
- Alembic is the first company to precisely trace and prove the results of marketing programs and apply composite AI, causal AI, a graph neural network and advanced contact-tracing mathematics developed during the pandemic to marketing analytics. Bospar leveraged the company’s seed funding news to tell a larger story about its innovative technology. Results included an article by Kyle Wiggers during his tenure at VentureBeat. NVIDIA CEO Jensen Huang read Wiggers’ article and wanted to learn more, which led to NVIDIA signing as an Alembic customer. Huang later provided a quote along with quotes from investors Jeffrey Katzenberg and Joe Montana in Alembic’s series A funding press release. Overall results for Alembic included 328 media placements and 1,078,479,261 media impressions.
- Orby AI helps large enterprise companies improve productivity with automation powered by generative AI. Orby raised $30 million, but there were challenges in telling its story, including a crowd of companies announcing funding news. Also, since the company already filed its funding paperwork, details of the funding were public knowledge. Bospar focused on the pain points that Orby solved, securing interest from Michael Nuñez of VentureBeat. Bospar also positioned Orby’s offering as the first large action model for AI automation. Secured media coverage included: TechCrunch, VentureBeat, Axios, Fortune, The Wall Street Journal, SiliconANGLE, Fierce Network, Network Computing, TechStrong, Solutions Review, San Francisco Business Times and The Information.
- Varo Money was set to change banking as we know it. In July 2017, Varo applied to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) for a national bank charter, which would allow Varo to deliver on its promise of offering its customers nationwide access to a full range of products and solutions and the highest standards of consumer protection. For the bank charter announcement, Bospar generated more than 117 placements and 592 million impressions – 97% of which had a positive sentiment. The team secured coverage in major business and technology outlets, including this article by Ryan Lawler of TechCrunch, The Wall Street Journal, Reuters, BuzzFeed, Bloomberg, San Francisco Business Times, American Banker and PYMNTS. Even more important: The coverage helped the company raise a $45 million funding round.
- Parametrix Insurance pioneered the first parametric technology downtime insurance product. In its first engagement with Bospar, while it had achieved recognition and media success in Israel, Parametrix hired Bospar to plan and implement a PR strategy and program to build its U.S. media presence. Bospar newsjacked an AWS outage and a crisis in the cryptocurrency market to produce 32 pieces of coverage, totaling 32 million unique visitors per month (UVMs), including The Wall Street Journal, Protocol, Fintech Times and Benzinga. In a second engagement, Bospar newsjacked the 2024 CrowdStrike outage, resulting in more than 1,000 placements, an astounding number, including Axios, BBC News, Bloomberg, CBS News, CNN, Inc., Reuters, USA Today and The Washington Post.
- Torch Sensors provides an ultra-early wildfire detection system including sensors that can detect fires as small as 2 square feet in a 10-acre space. Bospar launched Torch Sensors out of stealth with a launch press release, newsjacks of California wildfire outbreaks and a survey regarding Americans’ perceptions and experiences of wildfires. Results included more than 50 media placements in outlets such as Forbes, SiliconANGLE and this TechCrunch article by Brian Heater.
- InShare is on a mission to grow the sharing economy by solving one of the industry’s most complex challenges – insurance. Seeing the market demand in the gig economy, InShare developed sharing-economy platforms that offer lower insurance costs and enable companies to provide affordable protection. InShare tasked Bospar with garnering media attention for its seed funding round and spreading the word on how it is transforming insurance in the gig economy, most notably how it is solving issues for single moms. Bospar created and pitched a funding press release to leading business, financial and trade media outlets, and newsjacked predictions about insurtech and the gig economy, women in tech, women in the gig economy, insurance for working mothers and insights on remote leadership. Bospar secured 13 pieces of coverage in just one month, totaling 10,344,300 unique impressions in outlets including Forbes, MergerMarket, Fortune Term Sheet, FreightWaves, The Fintech Times, Insurance Innovation Reporter, Insurance Edge, and Carrier Management. After the announcement, investors contacted the client and opened new opportunities.
- ShelterZoom challenged Bospar with launching the company and debuting its new Ethereum blockchain-based real-estate-online-offer platform at the Realtors Conference & Expo Chicago. Ahead of the conference, Bospar positioned ShelterZoom as “first on the block” with a powerful dashboard, widget and mobile app enabling buyers and buyer agents to instantly submit offers from any online real estate listing. Bospar secured interviews with top real estate, business and cryptocurrency outlets during and after the event by hosting media breakfasts at the event and on launch day to provide a behind-the-scenes look at the technology. Bospar secured over 60 placements in outlets such as Inman, Computerworld, American Banker, Block Tribune, CCN, Cryptocurrency News, Blockchain Advisor and Smartereum.
- Neurala, a software development kit for artificial intelligence, tasked Bospar with building visibility for the company and its brand with its $14 million series A announcement. It was especially challenging that the company had filed the funding form with the government, alerting media before the formal announcement. Bospar worked with Neurala to develop and package its story to make its round different from other venture rounds, leveraging its work with NASA and the key cognition problems it solves. To do so, Bospar conducted embargoed media pitching, offering new angles besides the venture round that had already been reported previously by some outlets. Both the CEO and the head of marketing were “blown away” with the results. Over 30 media outlets reported the story, from TechCrunch (John Mannes), The Wall Street Journal and VentureBeat (Paul Sawers) to key AI outlets.
- Ware2Go operates a nationwide on-demand fulfillment and integrated tech platform that enables merchants of any size to offer one- to two-day shipping. Ware2Go is also a UPS subsidiary, but Ware2Go wanted to carve its own niche in the fulfillment and distribution ecosystem. When Ware2Go first came to Bospar, it was just over a year old and having trouble getting media coverage. Bospar took on several initiatives, including highlighting customers, announcing Ware2Go’s new suite of supply chain optimization tools to help merchants reach more customers, positioning the new CEO as an industry thought leader and developing a third-party survey. Results included owing 50% of the share of voice (SOV) across the industry in 2020, coverage across supply chain, logistics, payments, and retail media, and interviews with The Wall Street Journal and Forbes. Bospar placed bylines in outlets like CIODive, Inbound Logistics, IndustryWeek, Total Retail, Entrepreneur, Supply and Demand Chain Executive, Database Trends and Applications, and Food Logistics and placed a series of bylines for the Forbes Tech Council. Bospar secured several articles, including The New York Times, CNBC and Freight Waves as a result of newsjacking efforts. One of the best results was that our efforts helped Ware2Go drive lead generation and sign one of its largest clients.
- Oxygen is a digital financial platform designed for digital natives who want a banking partner that provides a seamless user experience for their personal and business accounts and that aligns with how they live and work. As a new financial platform, Oxygen wanted to gain market traction and media awareness for its launch and reach its target audience of creators, freelancers and entrepreneurs. Bospar was tasked initially with helping Oxygen home in on messaging and announce the launch of its financial platform. Oxygen then asked Bospar to help elevate its brand awareness and executive visibility. The new company also wanted to build its thought leadership platform and to ensure its executives were delivering a regular cadence of expert commentary to media on topics related to the finance/fintech industry. Bospar elevated brand awareness for Oxygen and secured 130 pieces of online and broadcast coverage, amounting to 1.9 billion impressions for its press initiatives, in outlets such as Forbes, Business Insider, FOX News, PYMNTS, NerdWallet, American Banker and Tearsheet. To increase executive visibility, Bospar secured podcast interviews on Action & Ambition, Fintech Growth and Wharton Fintech, speaking opportunities including a Finovate conference panel, and awards like Real Simple Money Awards.
- Symend, a leading customer engagement platform, is scientifically transforming the debt recovery industry by treating individuals with empathy and dignity at the time they need it most. The company wanted to capitalize on a series B funding round of $52 million to secure coverage in business, technology, trade, and local media. Symend wanted this announcement to create exposure to new prospects, get existing pipeline to convert, assist with recruitment, and inform their customers and shareholders that it was open for business and poised to change the world. The goal was to tell the funding story in a way that would intrigue both U.S. and Canadian media, as this was the largest funding round in Alberta, Canada, in recent history and among the top 10 rounds in Canada. The Bospar team also highlighted the significant growth that the company had experienced, along with the projected growth for the coming months. Bospar secured over 70 stories across all relevant media categories, including technology, business, finance, product and local, for a total of 1.5 billion media impressions. Top placements included TechCrunch, Business Insider and VentureBeat and an in-person TV interview with CTV News Calgary. That was five times the amount of coverage other competing rounds of the same size secured during that time. The Symend marketing team reported that during the month of the funding announcement, the campaign far exceeded its goals, resulting in significant new website visitors, website leads, social media followers and career applications.
Entrust the professionals at Bospar to ideate, manage and execute your launch.
More Examples:
- Prodoscore builds employee productivity software that pulls already existing data from various business applications and generates a productivity “score” – similar to a FICO credit score – that is shared with the individual employee and their manager each day. After looking at 100 million data points across 30,000 of its users, Prodoscore found that employees were 47% more productive working at home in March and April 2020 than before pandemic shelter-in-place rules took effect. Prodoscore engaged Bospar to help it break away from the spyware and surveillance narrative and establish itself as a productivity tool. Bospar’s efforts resulted in 30 pieces of coverage over the next few weeks, including CNBC’s Eric Chemi, Forbes, MarketWatch, the BBC and HR.com, representing a 430% increase in coverage year over year.
- conDati, a marketing analytics service, tasked Bospar with announcing both the company and recent funding, in addition to the launch of its flagship service, conDati Marketing Analytics. Bospar recommended a two-fold approach: Create a company-focused press release to be pitched to business and funding media and a separate product-focused press release to be pitched to key marketing trade publications. Bospar secured 22 placements in just three months, with over 31 million unique impressions in media outlets including VentureBeat, Fortune, Inc., Marketing Land, Digital Journal and MarTech Today.
- Acesis brings medical peer review online via software-as-a-service. For its launch, Bospar promoted the company’s customer references, including UCSF Medical Center and St. Vincent Indianapolis Hospital. Bospar took Acesis through key partnership announcements with Adobe Systems and McKesson and secured coverage from The Wall Street Journal, CNN Money, Dow Jones Newswire and top-tier medical, business and technology media.
Public Relations & Media Training
What we offer
Analysts
- Media
- Customers and Partners
- Investors
- Influencers
- Bloggers
- Executive Visibility
- Newsjacking
- SEO Backlinking
- Conferences + Events
- Custom Research
- Data-centric Pitching
- Speaking Engagements
- Media Training
- Presentation Training
- KPI Reporting
- Awards
- Trade Show Support
- Crisis Management
- Reputation Management
- Public Affairs
- Global Agency Management