Startup Launch Press Release Template

[CITY, STATE], [DATE] — [COMPANY NAME] today emerged from stealth / launched publicly with a mission to [core mission in one sentence]. The company has developed [PRODUCT NAME], a [product category] that [value proposition]. [PROBLEM STATEMENT: One paragraph about the problem and why existing solutions fail.] [PRODUCT DESCRIPTION: One paragraph explaining how your product solves the problem differently.] "[Founder quote about why they started the company and what they're building toward]," said [FOUNDER NAME], CEO of [Company Name]. "[Quote continuation or second sentence]." Since [launching privately / beginning private beta] in [MONTH/YEAR], [Company Name] has [TRACTION: e.g., attracted 500 customers / processed 10,000 transactions / been adopted by companies including X, Y, Z]. [Company Name] is [PRICING/AVAILABILITY: free to try / available at $X/month / launching in early access]. [INVESTOR INFO if applicable: The company has raised $X from [investors].] About [Company Name] [Boilerplate] Press Contact: [Name] | [Email] | [Phone]