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.

How many employees does Goodrays have?

As of Sep 30, 2026, the latest employee count at Goodrays is 25.

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 round, raised on Jul 10, 2025.

When was the latest funding round of Goodrays?

Goodrays' latest funding was a $***** Conventional Debt round on Jul 11, 2025, with participation from 0 investor.

Where does Goodrays rank among its competitors?

Goodrays ranks 2nd amongst 37 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Goodrays, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Goodrays?

Goodrays' top competitors include Tilray, Cannaray and The Health Store. Among them, Goodrays secured the most recent funding round in July, 2025.

Goodrays - 2026 Company Profile, Funding & Competitors

Company Details

Website: www.goodrays.com/
Social

Key Metrics

Founded Year

2016

Location

London, United Kingdom

Stage

Series A

Total Funding

$6.79M in 2 rounds

Latest Funding Round

Conventional Debt, Jul 11, 2025, $*****

Investors

Guinness Ventures

Ranked

2^nd among 37 active competitors

Employee Count

25 as on Sep 30, 2026

Similar Companies

Tilray & 1452 more

View Goodrays' full profile

Goodrays has raised a total funding of $6.79M over 2 rounds. Its first funding round was on Jul 10, 2025. Goodrays has 1 institutional investor.

Here is the list of recent funding rounds of Goodrays:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2025	4088980	Conventional Debt	7369237	8327884	4759980	7764960
Jul 10, 2025	8071208	Series A	4690720	2711633	3786791	Guinness Ventures

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View details of Goodrays's funding rounds and investors

Goodrays' employee count trend

Goodrays has 25 employees as of Sep 26. Here is Goodrays's employee count trend over the years:

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Top competitors of Goodrays include Tilray, Cannaray and The Health Store. Here is the list of Top 10 competitors of Goodrays, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tilray 2013, Leamington (Canada), Public	Online e-distributor offering cannabis products for medical purposes	$50.4M	Privateer Holdings, Cavendish Privateers & 5 others	70/100
2nd	Goodrays 2016, London (United Kingdom), Series A	Brand of cannabis gummies, oils, drinks, and other products	$6.79M	Guinness Ventures	48/100
3rd	Cannaray 2018, London (United Kingdom), Seed	Provider of cannabis-based wellness products to improve health	$78.1K	Maf Management, The Schwartz 2020 Family Grantor Retained Annuity Trust ... & 51 others	35/100
4th	The Health Store 1932, Nottingham (United Kingdom), Acquired	Manufacturer and distributor of cannabis products	-	-	32/100
5th	Original Additions 1978, Hayes (United Kingdom), Acquired	Brand of cannabis based wellness, personal care, fragrance, and other products	$3.84M	Obs2011, LDC	32/100
6th	First Natural Brands 1974, United Kingdom, Funding Raised	Brand of cannabis oil, skin care, and wellness products	-	Santander	32/100
7th	Harmony 2014, London (United Kingdom), Seed	Provider of hemp-based wellness products to improve health	$1.06M	Kima Ventures	29/100
8th	Bradley's Brand 2014, Watford (United Kingdom), Acquired	Manufacturer & distributor of hemp oil and nicotine electronic cigarette liquids	-	-	22/100
9th	Woodies 2019, London (United Kingdom), Unfunded	Brand of CBD kombucha, oil, and other products	-	-	21/100
10th	B3 Labs 2019, Wythenshawe (United Kingdom), Unfunded	Brand of cannabis tinctures, vape cartridges, and gummies	-	-	18/100