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Community

One Year No Beer

Status: Funded

Aug 3rd 2021 - Sep 2nd 2021

One Year No Beer (OYNB) is a community support platform that helps people change their relationship with alcohol. It argues that despite drinking being a part and parcel of most work, social and family gatherings, excess drinking leads to 3 million deaths per year, causes 5.1% of all diseases and costs £52 billion to the UK economy alone. OYNB intends to change this by helping customers choose a plan from its subscription-based models that consist of a 28-day, 90-day and 365-day challenge to stay away from alcohol. The platform has empowered 80,000+ people in 90 countries through its challenges, earned revenue worth £2.2 million in 2020, and witnessed an 85% growth in Alcohol-Free Challenge (AFC) sales between February - June 2021. OYNB has featured in the BBC, ITV, and Men’s Health, to name a few. It also has an online presence of 230,000+ social media followers. The company states it will use the investment to consolidate its growth and improve its technology to become a stronger brand and reach millions globally.

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One Year No Beer Rating Review

Pitch rating powered by CROWDRATING

Rated on 19/08/2021

Pitch Rated

71%

overall

Management

84%

Product

76%

Investment

53%

Log in to view amount pledged

    Log in to view target

    £14,573,741
    pre-money valuation

    6.02%
    equity available

    493
    investors

    £1,892
    pledge per investor

    09626599
    company number

    Active
    company status

    06/06/2015
    incorporated 9 years

    £4.68
    share price

    Previous Funding rounds
    27 Apr 24 Crowdcube £932,654 / 187% 71.00%

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 84%

Skills 73%
The 'One Year No Beer' management team comprises skilled professionals whose published LinkedIn profiles include expertise in management, customer experience, and finance. They have an experienced team that consists of a Founder/CEO, Head of Growth, Chairman, Senior Product Manager, Head Of Finance, and Head of CX and Operations. The Founder/CEO is skilled in community management, investment banking, social media, and business strategy. The company has not appointed a Product Developer, and the responsibility for the same lies with the Founder/CEO. The Senior Product Manager can build the brand and increase brand awareness through customer service, social media marketing, analytical skills, public speaking, and event management. The company finances are managed by their Head of Finances, who specialises in forecasting, cash flow management, budgeting, and risk management

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Funding progress

Log in to view funding progress.


Log in to view amount pledged

    Log in to view target

    £14,573,741
    pre-money valuation

    6.02%
    equity available

    493
    investors

    £1,892
    pledge per investor

    09626599
    company number

    Active
    company status

    06/06/2015
    incorporated 9 years

    £4.68
    share price

    Previous Funding rounds
    27 Apr 24 Crowdcube £932,654 / 187% 71.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph