Monday, December 1, 2025

CBD drinks brand valued at £200m after Joe Jonas backing

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Introduction to Trip, a CBD Drinks Brand

Monday 10 November 2025 8:55 am

Joe Jonas is one of several celebrities to back Trip. Credit – Getty

Trip, a CBD drinks brand, has been valued at more than £200m after a fundraising round backed by the likes of singer and actor Joe Jonas.

The London-headquartered firm has raised a further £30.3m in a move which it said makes it the most valuable UK-founded drinks brand since Innocent and Fever-Tree.

The business has also said it is now the world’s most valuable drinks company led by a female CEO and founder.

Trip was founded in 2019 by husband-and-wife team Daniel Khoury and Olivia Ferdi.

In a statement, Trip said its revenue has totalled more than £75.8m this year, which is expected to rise to over £151m next year.

Company Performance and Funding

The company has also said it is profitable, but has not provided any figures.

CBD-infused electronic cigarette with glass mouthpiece on a table, highlighting modern cannabis product trends in wellness...
Trip drinks is based in London.

Along with Joe Jonas, the funding round was backed by model Alessandra Ambrosio, actor Paul Wesley, model Ashley Graham and internet personality Sophie Haboo.

Coefficient Capital, which has previously backed Oatly, also took part.

Ferdi said: “We created Trip to make calm accessible to everyone, everywhere.

“The response from our consumers and retailers is proof that the world is ready for a new way to drink – one that prioritises balance and mental wellbeing.

“I’m proud that Trip is not just breaking records, but breaking barriers for female-founded and mission-driven businesses worldwide, and this funding will help us move faster than ever before.”

Trip Drinks Advert Banned

The fundraising round comes after an advert for Trip was banned for making unauthorised claims that it can “help you feel calm”.

The advert also claimed it could reduce stress and anxiety.

According to the Advertising Standards Authority (ASA), this was not in line with rules on marketing food or drink ingredients as having health benefits.

At the time, the company said it had removed the claims while it awaited external advice but hoped to be in a position to make the claims in the future.

According to its most recently filed accounts, Trip had shareholder funds of £4.7m at 28 February, 2024, a rise from £4m in the prior 12 months.

The results for its latest financial year are due to be filed with Companies House by the end of February 2026.

In July, City AM reported that Goodrays, a CBD brand backed by Vernon Kay and Tess Daly, had raised £5m.

The company was backed by Guinness Ventures whose portfolio includes BBC Maestro, a celebrity-led e-learning business.

The series A funding round also attracted the participation of existing and new institutional investors.

Conclusion

Trip, a CBD drinks brand, has achieved significant success and growth since its founding in 2019. With a valuation of over £200m and a profitable business model, the company is well-positioned for continued success. The recent fundraising round, backed by celebrities and institutional investors, will help the company to further expand its operations and reach new customers. Despite facing challenges, such as the banning of one of its adverts, Trip remains committed to its mission of making calm accessible to everyone, everywhere.

Frequently Asked Questions

What is Trip and what does it do?

Trip is a CBD drinks brand that offers a range of products designed to promote calm and mental wellbeing.

How much has Trip raised in funding?

Trip has raised a total of £30.3m in its latest funding round, which values the company at over £200m.

Who has invested in Trip?

Trip has been backed by a range of investors, including celebrities such as Joe Jonas, Alessandra Ambrosio, and Paul Wesley, as well as institutional investors like Coefficient Capital.

What are Trip’s plans for the future?

Trip plans to use the funding to further expand its operations and reach new customers, with a focus on making calm accessible to everyone, everywhere.

Has Trip faced any challenges?

Yes, Trip has faced challenges, including the banning of one of its adverts by the Advertising Standards Authority (ASA) for making unauthorised claims about the health benefits of its products.

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