About Goodrays
Goodrays is a company based in London (United Kingdom) founded in 2016.. Goodrays has raised $6.79 million across 2 funding rounds from investors including Guinness Ventures. Goodrays offers products and services including CBD Drinks, CBD Gummies, CBD Oil, and CBD Bundles. Goodrays operates in a competitive market with competitors including Tilray, Cannaray, First Natural Brands, Original Additions and The Health Store, among others.
- Headquarter London, United Kingdom
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.79 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Goodrays
Goodrays offers a comprehensive portfolio of products and services, including CBD Drinks, CBD Gummies, CBD Oil, and CBD Bundles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Infused drinks providing relaxation and mood support.
Gummies for anxiety relief and improved sleep benefits.
Oil drops aiding mood regulation and natural wellness.
Product sets for combined relaxation and health effects.
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Funding Insights of Goodrays
Goodrays has successfully raised a total of $6.79M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(10 Jul 2025)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Debt – Conventional - Goodrays | Valuation |
investors |
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| Jul, 2025 | Amount | Series A - Goodrays | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Goodrays
Goodrays has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Guinness Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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High-growth scale-ups are backed by strategic venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Goodrays
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Goodrays
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Goodrays Comparisons
Competitors of Goodrays
Goodrays operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tilray, Cannaray, First Natural Brands, Original Additions and The Health Store, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online e-distributor offering cannabis products for medical purposes
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| domain | founded_year | HQ Location |
Provider of cannabis-based wellness products to improve health
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| domain | founded_year | HQ Location |
Brand of cannabis oil, skin care, and wellness products
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| domain | founded_year | HQ Location |
Cannabis-based wellness, personal care, and fragrance products are offered.
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| domain | founded_year | HQ Location |
Cannabis products are manufactured and distributed by The Health Store.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Goodrays
Frequently Asked Questions about Goodrays
When was Goodrays founded?
Goodrays was founded in 2016 and raised its 1st funding round 9 years after it was founded.
Where is Goodrays located?
Goodrays is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Goodrays a funded company?
Goodrays is a funded company, having raised a total of $6.79M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.79M, raised on Jul 10, 2025.
What does Goodrays do?
Goodrays was established in 2016 in London, United Kingdom. Operations are centered in the cannabis sector, with a focus on developing and distributing edibles such as gummies, tinctures like oils, beverages including drinks, and additional wellness items. Products are marketed primarily within the UK, targeting consumers interested in CBD-infused alternatives for relaxation and health support. Distribution occurs via online platforms and select retail outlets.
Who are the top competitors of Goodrays?
Goodrays's top competitors include Tilray, First Natural Brands and Original Additions.
What products or services does Goodrays offer?
Goodrays offers CBD Drinks, CBD Gummies, CBD Oil, and CBD Bundles.
Who are Goodrays's investors?
Goodrays has 1 investor. Key investors include Guinness Ventures.