CleanCo, the world’s leading independent alcohol-free spirits brand1 today announces England Cricket Captain, Ben Stokes OBE as its latest strategic investor, as part of a wider $5 million fundraise. Stokes joins CleanCo as both an investor and brand partner, as the challenger brand is set to realise cash-flow positivity this year.
Stokes’ investment in CleanCo was born from his own personal journey re-balancing his relationship with alcohol. His decision to invest stems from a deep alignment to the brand’s ethos: that not drinking doesn’t, and shouldn’t, mean missing out. Both Stokes’ and CleanCo founder, entrepreneur and Guinness World Record holder, Spencer Matthews, share similar transformative experiences with moderation and sobriety – values that
have been at the core of the CleanCo brand since its inception in 2019.
“I’m thrilled to come on board as an investor and brand partner in CleanCo” states Stokes. “Funnily enough, I had originally toyed with the idea of creating my own alcohol-free spirits brand before getting to know CleanCo. Discovering that they are the best in the game and their products are really that good, I knew that I wanted to be involved in a serious capacity. Getting to know Spencer, the team and the category potential, only fuelled my intent to be part of this pioneering brand. I was seriously impressed to learn of the market opportunity and CleanCo’s dominance in the space,”finished Stokes.
This authentic connection between the pair has evolved into a partnership grounded in shared purpose. “Moderation unlocks experience,” says Matthews. “I believe in enjoying life to the fullest but with clarity, intention and control. I’m delighted to have Ben join us and bring the CleanCo brand to millions more across the UK and beyond. I’ve really enjoyed getting to know Ben more, realising how many joint ideals we share in terms of life, athleticism and business. Ben’s investment signifies the scale of the alcohol-free category, which is now worth over $13bn2. What was once considered niche, five years ago when we started CleanCo, is now being championed by one of the biggest sports stars in the world,” he continued.
As part of the announcement Ben and Spencer came together to record an exclusive podcast for Spencer’s new podcast UNTAPPED, produced by the team at High Performance. Key soundbites from the podcast are below, and the full episode audio can be found here, and the written transcript here.
Ben Stokes on how he discovered CleanCo – “When I was trialing non-alcoholic drinks, I said to my wife Claire, maybe I should look at starting my own thing. Then I was Googling at the dinner table (shocking, I know…) non-alcoholic spirits. I came across the CleanCo website and the brand really resonated with me, the whole story behind CleanCo and Spencer’s journey. I was like, boom. Right. That’s it. That’s me. I want to speak to Spencer about this.”
Ben Stokes on alcohol culture in cricket – “When you look to the nineties and early two thousands, these lads have some unbelievable stories, you have a hard day in the dirt and, and then, you know, have a couple of beers with your mates in the dressing room and then you go again. I think it’s definitely settled down a lot over the years, especially the social side of cricket, because there’s more demand on the body than there was say, 15, 20, 25 years ago. The stigma around not drinking is different now…Nowadays it’s completely different and the younger generation, there isn’t that same mindset towards having a beer or going out. There is much more emphasis on proper preparation and better recovery. It’s different in society now too, towards everything.”
Spencer Matthews on his philosophy on non-alcoholic spirits – “I like to call it the gap between kind of desire and compromise. It’s taken products to become really good for the compromise {between alcoholic and non-alcoholic drinks} to feel less.”
Spencer Matthews on changing consumer habits – “There has been a monster shift in alcohol consumption in the younger generation, statistically, it’s an awful lot less than, than older generations. I believe that it’s primarily driven by a desire to experience things. People would