Which company founder became the first female investor on the original British Dragon's Den panel?

The story behind the answer

Rachel Elnaugh became the first female investor on the original British Dragon's Den panel.

Elnaugh was an entrepreneur best known for founding Red Letter Days, a company that sold experience gifts such as driving, travel and leisure activities. She joined the launch panel when the British series began in 2005.

Her position was notable because the original panel had five investors and Elnaugh was its only woman. She later left the regular panel, after which other female investors, including Deborah Meaden, joined the programme.

Red Letter Days later experienced financial difficulties and entered administration. The company was subsequently associated with Peter Jones, who acquired its assets. That later business history is separate from Elnaugh's role as the original female dragon.

Source: Wikipedia · fact-checked Oct. 2026

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