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Treble Announces Expansion into San Diego to Accelerate Exits for Startups
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Treble, a tech-centric PR agency, expands its operations into San Diego, a rapidly growing startup market that attracted nearly $2 billion in venture capital in Q3 2021, reflecting a 62% growth year-over-year. The agency has facilitated 18 successful client exits since 2013, contributing to substantial shareholder valuations. Katie LeChase is appointed to lead Treble's San Diego operations, highlighting the area's diversification beyond life sciences into defense tech. Treble's scalable offerings include programs designed for startups to enhance visibility and funding success.
Positive
Treble's expansion into San Diego aligns with the area's $2 billion venture capital influx in Q3 2021, indicating strong market potential.
The agency has achieved 18 client exits since 2013, demonstrating a proven track record in securing profitable outcomes for startups.
Katie LeChase's appointment as director brings over 13 years of relevant PR experience, enhancing local operations.
Negative
None.
Tech-centric business-to-business public relations agency is a strategic partner to both venture capital firms and venture-backed startups and enterprises
San Diego has emerged as one of the fastest-growing startup markets in the U.S., with nearly $2 billion in venture capital funding in the third quarter
Treble has been a strategic partner for 18 successful client portfolio exits (acquisitions or IPOs) since 2013
AUSTIN, Texas & SAN DIEGO--(BUSINESS WIRE)--
Treble, a PR agency that accelerates exits, today announced its expansion into the San Diego market.
PR News Agency Elite Top 100 (Graphic: Business Wire)
San Diego County startups raised nearly $2 billion in venture capital funding in the third quarter of 2021, according to a PitchBook/National Venture Capital Association’s Venture Monitor report. That reflects more than 62% growth over the same quarter last year.
The region was number six nationally for money raised by startups in the quarter, behind San Francisco, New York, Boston, Los Angeles and San Jose. While life sciences and biotech firms typically dominate San Diego’s startup scene, the third quarter saw a large increase in defense tech and truck-fleet safety platform companies. Treble views the sector’s diversification as an opportunity to create strategic partnerships with a broad spectrum of technology-centric startups, enterprises and venture capital firms.
Senior Director Katie LeChase to Head Treble’s San Diego Operations
Katie LeChase, a communications and marketing strategist with more than 13 years of public relations experience primarily working with business-to-business technology firms, will head Treble’s San Diego operations. LeChase has specialized in health care, health tech and biotech public relations for the majority of her career, starting with an in-house position at University of Rochester Medical Center and moving on to provide strategic guidance and deliver high-value results to companies ranging from startups to publicly traded companies.
“San Diego is emerging as a new hub for startups based on a number of factors,” LeChase said. “From proximity to the ocean to a reasonable cost of living, there are a myriad of reasons why companies are establishing San Diego as their headquarters. Treble is an optimal partner for early-stage startups and even later-stage enterprise companies in San Diego looking to tap into the power of public relations to accelerate their business goals. It’s an exciting time for the agency as we build out our West Coast presence.”
Treble has been a strategic partner to propel 18 startups to exit since 2013, resulting in hundreds of millions of dollars in shareholder exit valuations. Most recently, former Treble client OutboundEngine was acquired by Elm Street Technology. Another former client, food tech company Benson Hill (BHIL: NYSE), recently made its public market trading debut.
“Moving from Silicon Valley to Austin a decade ago turned out to be prescient with the opportunity to establish Treble and our unique value proposition for Texas startups,” said Ethan Parker, founder and CEO of Treble. “I’ve witnessed first-hand the maturity of Austin and the broader Texas startup and venture capital ecosystems. San Diego has all of the facets of a market that stands to benefit as talent migrates from traditional hubs. We are on standby to establish relationships and win with San Diego venture capital firms and startups.”
Recently named to the Agency Elite Top 100, the PRNEWS list of the most innovative and strategic PR firms of the year, Treble offers a scalable pricing model that arms startups with brand visibility in conjunction with closing funding rounds. In addition to our long-term strategic partnerships, project-based offerings include:
VC Portfolio Funding Launch Accelerator; A five-week program that maximizes the impact of funding announcements by positioning startups to capitalize on the next phase of growth.
Portfolio: An exclusive membership program that maximizes funding launches across venture capital funds to generate public relations portfolio alpha.
Elevate: A 10-week public relations program for venture-backed startups that builds on the momentum that follows an initial funding announcement.
Treble has partnered with venture capital firms across the United States, including the growing tech hubs in New York City, Atlanta, Chicago, Salt Lake City, Phoenix, Houston, Kansas City, Boston, Madison, San Jose, San Francisco, Los Angeles, Seattle, Indianapolis, Cincinnati, Denver, Washington, D.C., and more.
About Treble
Treble is a PR agency that accelerates exits. An immersive partner for venture capital firms and venture-backed startups, we optimally align early and collectively scale with startups to drive brand differentiation, strategic partnerships, lead and revenue generation, and an accelerated path to exit. With 18 exits since 2013, Treble has deep domain expertise across the spectrum of technology in every major industry vertical. Our startup and enterprise clients specialize in artificial intelligence, blockchain, cybersecurity, DevOps, edge computing, IoT, SaaS, and more. Visit us at treblepr.com or on Twitter, Facebook or LinkedIn.
Treble has expanded its public relations operations into San Diego, aiming to leverage the area's growing startup market.
How much venture capital did San Diego startups raise in Q3 2021?
San Diego startups raised nearly $2 billion in venture capital in the third quarter of 2021.
Who is leading Treble's San Diego operations?
Katie LeChase, a seasoned communications and marketing strategist with over 13 years of experience, will head Treble's San Diego operations.
How many successful client exits has Treble achieved?
Treble has facilitated 18 successful client exits since 2013, resulting in significant shareholder valuations.
What sectors are emerging in San Diego's startup scene?
While traditionally dominated by life sciences, San Diego's startup scene is seeing growth in sectors like defense tech and truck-fleet safety platforms.
