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Treble Completes Successful Inaugural Year of VC Portfolio Funding Launch Accelerator Program, Announces 2020 Availability

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  • Five-week program enables both VC firms and startups to maximize the impact of venture funding rounds; secures Tier 1 funding exclusive and broader business, tech and regional press coverage
  • PR agency completes inaugural year of funding accelerator with multiple successful funding launch collaborations with startups and VC firms including Homeward (LiveOak Venture Partners), Polarity (TechOperators) and BrainCheck (S3 Ventures)
  • Treble has been a strategic partner for 15 successful exits since 2014; value proposition includes increasing investor awareness, lead generation, strategic partnerships and solidifying market leadership

AUSTIN, Texas & SAN FRANCISCO–(BUSINESS WIRE)–#AustinTreble, an agency operating at the speed of business to meet the PR needs of technology startups and venture capital firms, today announced availability in 2020 for venture-backed startups to capitalize on the benefits of its recently launched VC Portfolio Funding Launch Accelerator Program.

Treble has been a strategic partner to propel 15 startups to exit since 2014. Successful exits across the Treble client portfolio include TrendKite (acquired by Cision), Favor (acquired by HEB), StackEngine (acquired by Oracle), Boxer (acquired by VMware) and Joyride (acquired by Google).

The 5-week accelerator program arms startups with brand visibility post-completion of signing funding term sheets, maximizing press coverage to garner both top-of-funnel interest and spark recognition among prospective future investors. Treble collaborates across the spectrum of venture-backed companies from seed-stage funding to pre-IPO enterprises to deliver impactful media relations and strategic guidance.

Headquartered in Austin, Treble has partnered with venture capital firms across the United States actively investing in startup markets including New York City, Atlanta, Chicago, Omaha, Houston, Kansas City, Boston, Madison, San Jose, San Francisco, Los Angeles, Indianapolis, Cincinnati, Denver, Washington D.C. and more.

How Treble Seeds the Market for Startups to Exit

The VC Portfolio Funding Launch Accelerator Program matches companies into seed, Series A and Series B through pre-IPO funding program PR sprints that commence ahead of Form D filings and public knowledge of the funding round to maximize media coverage. Programs are crafted based on a scalable pricing model built specifically to meet minimum marketing budget allocations while maximizing press coverage results. The end result is to create successful funding launches that set up companies on a fast-track for ongoing growth in their respective markets. The funding news is a quantitative news hook for the startup to tell the bigger picture vision around what makes it unique for its customers and strategic partners.

“2019 was a tremendous success for startups that participated in our accelerator,” said Ethan Parker, Founder and CEO of Treble. “From TechCrunch to BusinessInsider to Forbes, we locked in media coverage that accelerated the growth path and highlighted the value proposition of these companies to a very large and highly targeted audience. Heading into 2020, Treble is ready and excited to partner with companies that understand and appreciate the value of earned media as part of a broader strategic marketing program.”

Treble Funding Accelerator Startup Testimonials

“The Treble VC Portfolio Accelerator Funding Program was highly successful for Homeward,” said Tim Heyl, Founder and CEO of Homeward. “Ethan and his team worked diligently with us to craft the right message and had the unique connections to get our news in the hands of the right media outlets.”

“When we raised our last fundraising round, we reviewed multiple firms and ultimately decided to go with Treble,” said Paul Battista, Co-Founder and CEO of Polarity. “We were very happy with the decision. They ramped up fast and secured the coverage we were looking for. They are a great partner and extension of my team, and we will continue to work with them in the future.”

For additional information on process, pricing and performance goals of the Treble VC Portfolio Funding Launch Accelerator Program, venture capital firms or startups can reach us here.

About Treble

Treble is the PR agency working at the speed of business. An immersive partner for VC firms to propel exits across the spectrum of portfolio investments, we optimally align early and collectively scale with startups to drive brand differentiation, strategic partnerships and lead generation. With 15 exits and expertise in B2B and B2C tech spanning multiple verticals including enterprise, education, finance, industrials, healthcare, marketing, agriculture, legal, cybersecurity, DevOps and more, combined with our INK content bureau, Treble locks in results that accelerate exits. Visit us at treblepr.com or on Twitter, Facebook or LinkedIn.

Contacts

Treble
Ethan Parker

newbiz@treblepr.com
512.960.8222

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Business Wire

Shortages of Low-Skill, Middle-Skill, and High-Skill Workers Causing Revenue Declines and Other Headaches for Employers, TrueBlue’s Latest Study Finds

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TACOMA, Wash.–(BUSINESS WIRE)–While there has been a lot of discourse around the shortage of high-skill workers in the U.S., a new study by staffing giant TrueBlue shows a significant percentage of employers are also struggling with deficits in low-skill and middle-skill workers – and dealing with a host of business challenges as a result.

According to TrueBlue’s nationwide survey, which included nearly 1,500 managers (HR, operational, and business), skills shortages are widening across skills categories:

  • 32% of managers can’t find workers to fill low-skill positions (generally classified as those that may or may not require a high school diploma and require little to no experience)
  • 46% can’t find workers for middle-skill jobs (typically require some experience and continuing education such as college courses, an apprenticeship or certification, but don’t necessarily require a four-year college degree)
  • 35% can’t find workers for high-skill jobs (typically require a four-year degree or higher and specialized experience)

Low unemployment coupled with globalization, accelerated technology advancement, and evolving work models are creating talent deficits across all skill levels within organizations,” said Patrick Beharelle, CEO of TrueBlue. “The skills supply is not keeping up with demand, which is fueling a greater intensity in an already competitive labor market and adversely impacting productivity, service quality, and revenue growth for businesses.”

Impact of Talent Shortages on Businesses

The top three business challenges managers are experiencing due to prolonged job vacancies within their organizations include:

  • Quality – More than a third of managers (35%) reported that extended job vacancies have caused lower product or service quality.
  • Turnover – 25% have seen higher employee turnover.
  • Revenue – 23% said their companies experienced a decline in revenue.

To address talent shortages and minimize associated business impact, 2 in 5 companies (41 percent) reported that they plan to raise compensation for entry-level workers and nearly half (46 percent) plan to train and hire the long-term unemployed in the coming year.

Survey Methodology

This SurveyMonkey survey was conducted online in the U.S. by TrueBlue between September 23 and October 15, 2019. It included 1,499 managers (HR, operations and general). The survey was across regions, industries, and company sizes.

About TrueBlue

TrueBlue (NYSE: TBI) is a global leader in specialized workforce solutions that help clients achieve business growth and improve productivity. In 2018, the company connected approximately 730,000 people with work. TrueBlue’s PeopleReady segment offers on-demand industrial staffing services, PeopleManagement offers contingent and productivity-based, on-site industrial staffing and driver staffing services, and PeopleScout offers recruitment process outsourcing (RPO) and managed service provider (MSP) solutions to a wide variety of industries. Learn more at www.trueblue.com.

Contacts

Jennifer Grasz

Vice President, Corporate Communications

jgrasz@trueblue.com
(312) 840-6327

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Business Wire

Law Firm of Estey & Bomberger Reports: Uber Says Nearly 6,000 Rapes, Sexual Assaults Occurred in Two-year Period

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SAN DIEGO–(BUSINESS WIRE)–The law firm of Estey & Bomberger reported today that Uber’s long-awaited sexual assault report was released Dec. 5, with the ride-hailing company admitting that 5,981* passengers and drivers were raped or sexually assaulted between 2017-2018.

“I applaud Uber for releasing the data that acknowledges there is a problem with sexual assaults occurring in rideshare. While we believe these assaults were preventable, Uber’s report represents a tremendous step for ride-hailing safety,” said Estey & Bomberger attorney Mike Bomberger. “I think there are many positive measures Uber is taking. However, Uber still has an obligation to help the victims who have been raped and assaulted and facing a lifetime of emotional pain. They will need ongoing therapy.”

Estey & Bomberger represents more than 100 ride-hailing sexual assault victims.

“It’s important to remember when reading this report that only one in three women report their sexual assault,” Bomberger said. “Therefore, the number of women who have been sexually assaulted is certainly much higher than reported here.”

Bomberger reiterated his call for all ride-hailing trips to be digitally recorded.

“We’re pleased that Uber is now testing cameras in Texas. That’s the real solution to this problem – if drivers know they’re being recorded they won’t rape and assault,” Bomberger said.

Estey & Bomberger is asking Lyft and Uber sexual assault victims, along with former employees of the ride-sharing firms, to contact its office by calling 866-964-1708 or emailing info@lyftsexualassaultlawyers.com.

*statistic courtesy NPR “Uber Received Nearly 6,000 U.S. Sexual Assault Claims in Past 2 Years,” Dec. 5, 2019.

Contacts

for Estey & Bomberger

Ed Vasquez, 408-420-6558

ed@ejvcommunications.com

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Business Wire

Best’s Market Segment Report: AM Best Maintains Global Reinsurance Market Outlook at Stable

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OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has maintained a market segment outlook of stable on the global reinsurance industry for 2020, citing a stabilized pricing environment — albeit at levels below long-term adequacy — the continuing alignment between traditional and third-party capital and ongoing stability in the global life reinsurance segment.

A new Best’s Market Segment Report, titled, “Market Segment Outlook: Global Reinsurance,” states that although rates in the non-life reinsurance market have improved modestly, pricing has not kept adequate pace with the changing risk dynamics, as illustrated by loss development from events such as hurricanes Irma and Maria and Typhoon Jebi, and potential losses from more-recent events (e.g., Hurricane Dorian). Property catastrophe pricing still is being driven by the availability of third-party capital; however, the increasing interdependence between traditional capacity and third-party capital through joint ventures, retrocession and direct ownership should serve to more closely align return objectives for the market overall. Third-party capital also represents a benefit in the form of stabilized earnings of rated balance sheets, due to tail risk being assumed by this capital.

Overall market conditions are improving, but AM Best remains concerned about insufficient rate adequacy relating to certain U.S. casualty lines, a steady decline in the benefit of favorable reserve releases and the pervasive low interest rate environment. The collective effect of these factors requires underwriting discipline, and failure to react to these pressures could adversely affect the segment.

The report outlines other factors that are driving the stable market segment outlook, including:

  • AM Best believes alternative third-party capital will hold the line on future return expectations following the recent heavy catastrophe loss years;
  • A decline in capital consumption and earnings volatility, due in part to the increased utilization of third-party capital in retrocessionaire programs;
  • Greater emphasis on underwriting discipline due to pressure on interest rates and potential slower economic growth globally;
  • Improving pricing momentum driven by higher loss costs, coupled with lower loss reserve redundancies;
  • Increased demand for non-life reinsurance due to primary companies’ recent loss experience, as well as new risk transfer opportunities and mergers and acquisitions;
  • Stable operating performance among life reinsurers, which continue to maintain defensible market positions and offer services beyond risk transfer that create hurdles for new entrants.

To access the full copy of the overall global reinsurance briefing, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=292334.

Separate briefings on the non-life and life reinsurance segments can be viewed at:

To view a video with AM Best Associate Director Scott Mangan about the global reinsurance market segment outlook, please visit http://www.ambest.com/v.asp?v=globalreoutlook1219.

AM Best is a global credit rating agency, news publisher and data provider specializing in the insurance industry. The company does business in more than 100 countries. Headquartered in Oldwick, NJ, AM Best has offices in cities around the world, including London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2019 by A.M. Best Company, Inc. and/or its affiliates.

ALL RIGHTS RESERVED.

Contacts

Robert DeRose
Senior Director
+1 908 439 2200, ext. 5435
robert.derose@ambest.com

Greg Carter
Managing Director
+44 20 7397 0288
greg.carter@ambest.com

Michael Porcelli, FSA
Director
+1 908 439 2200, ext. 5548
michael.porcelli@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

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