Honest Brew secures £250k from More Than Angels and Turning Point to scale operations
The online craft beer retailer has secured capital from industry veterans to expand its platform and customer base.
Share allotment filed at Companies House
Honest Brew operates an online craft beer retailer and delivery service that curates selections from various independent breweries according to customer preferences.
Honest Brew has raised £250k in funding from More Than Angels and Turning Point. The online craft beer retailer will direct the capital towards expanding its team, driving customer acquisition, and enhancing its digital platform.
The company curates independent beers tailored to individual customer tastes, partnering with over 50 breweries. This injection of capital marks a key development phase for the business as it scales its operations.
From the founder
"We are thrilled to be working with More Than Angels and Turning Point as Honest Brew enters an important growth stage. The investment will see us accelerate our growth and allow more people to experience the service. The team are passionate about giving customers the best experience possible and will continue to develop our online platform to give the customer even more control."
Andrew Reeve
Founder at Honest Brew
Investor perspective
"We are delighted to be working with Andrew and the team at Honest Brew at what is an exciting time for the craft beer industry. Honest Brew is a company with massive growth potential and is truly focused on delivering what the consumer wants – quality product and a flexible service."
Keith Foreman
Founding Partner, More Than Angels
Use of funds
- 01Grow the team
- 02Fund acquisitions
- 03Continue product development