Goodrays raises £5m in a Series A funding round backed by Vernon Kay and Tess Daly to support its growth in the CBD market.
Jul 10, 2025•3 months ago
Amount Raised
£5 Million
Round Type
series a
Investors
Ben SkinnerEd LeighGuinness VenturesTess DalyVernon Kay
Description
Goodrays, a London-based CBD brand, has secured £5m in a Series A funding round aimed at future growth. The investment includes support from Guinness Ventures and participation from existing and new institutional investors. The company has doubled its revenue for three consecutive years, emphasizing its commitment to improving mental wellbeing. Founder Eoin Keenan highlighted the milestone this funding represents for building a leading premium functional drinks brand.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers