Which entrepreneur replaced James Caan as a Dragon's Den investor?

Hilary Devey replaced James Caan as a Dragon's Den investor.

Devey joined the UK programme after James Caan departed the panel. She brought experience from the transport and logistics sector, particularly through Pall-Ex, the freight-distribution network she founded. That background gave her a business profile different from the retail, technology and consumer-brand expertise represented by several other dragons.

Her tenure is associated with a specific period of the show’s changing panel. Dragon's Den has regularly refreshed its investors, so a replacement fact must be tied to the correct departure and arrival rather than to a later change in the lineup.

Kelly Hoppen is a frequent source of confusion because she also served as a dragon during the programme’s later panel changes. Sara Davies and Steven Bartlett joined in still later periods, but neither replaced James Caan in the relevant transition.