Which former Dragon was the founder of Red Letter Days on the British show Dragon's Den?

Rachel Elnaugh was the founder of Red Letter Days and a former Dragon on the British show Dragon's Den.

Red Letter Days sold experience gifts, such as leisure and entertainment activities, rather than conventional physical presents. Elnaugh built the business before joining the original investor panel of the BBC programme.

The company later experienced financial difficulties and entered administration in 2005. This is an important part of Elnaugh’s public business history and is often mentioned alongside her Dragon’s Den appearance.

Red Letter Days should not be confused with other experience-gift companies that later used similar marketing ideas. Elnaugh’s role on the programme is also distinct from Deborah Meaden’s property and leisure investments: both were Dragons, but they are associated with different businesses.