One Year No Beer raises £1.8m via Seedrs to develop its technology infrastructure.
The community and behavioural change platform surpassed its target within 24 hours with backing from 512 investors.
One Year No Beer operates a community and behavioural change platform that helps individuals alter their relationship with alcohol. The business runs lifestyle support systems designed to facilitate sustained personal habits.
One Year No Beer has secured £1.8m in a seed investment campaign hosted on Seedrs, surpassing its initial target within the first day of launch. The funding was backed by a crowd of 512 investors keen to support the platform's mission. The capital will be directed towards enhancing the technological infrastructure that underpins the lifestyle support community.
The firm has built a substantial global member base since its inception, providing tools for individuals seeking to reduce or halt alcohol consumption. This latest raise builds upon previous funding milestones as the business prepares to scale its operations further.
From the founder
"We are absolutely delighted to have reached our funding target and this investment will really allow us to expand our offering and support so many more people with our products."
Ruari Fairbairns
Co-Founder and CEO at One Year No Beer
Investor perspective
"I’ve been an investor and a board member with One Year No Beer since September last year. I tried it for myself joining the one month programme and I thought it was very effective. Soon after, I met with the founders and I thought that the company was extremely interesting as an investment."
Alain Renaud
Managing Partner, Alexander Partners
Use of funds
- 01Build out infrastructure
Investors
Categories
About the company
One Year No Beer
A community and behavioural change platform dedicated to helping people redefine their relationship with alcohol.