Livingbridge were delighted to host Tracy Dorée, founder-partner of seed investing firm Kindred Capital, at this month’s Level20 Future Leaders breakfast series.
The discussion focused on the challenges and opportunities in technology investing today. Tracy outlined her career from banker to founder and now investor. This journey motivated her to co-found the ‘equitable venture’ VC company which invests seed capital into early stage companies and ideas.
The discussion revolved around the qualities of the founders of these companies, and what makes them backable. We are delighted to be part of the dialogue at such an exciting time in UK technology investing.
Tracy graduated with a first class degree in mathematics from The University of Oxford in 2007. Tracy started off her career as an analyst at Rothschild, before co-founding LLUSTRE in 2011. As CEO, she built a team of 50 people and developed a brand followed by an audience of 50,000, which she successfully sold to Fab.com in 2012 - the then fastest growing ecommerce business globally and market leader in design.
Following the acquisition, Tracy became UK managing director and was responsible for all aspects of merchandising and design in Europe, managing a team of 110 people. In 2013, Tracy was promoted to SVP Creative, making her responsible for all creative at Fab globally, managing a team based in Berlin and New York.
In May 2015, Tracy became a founding partner at Kindred Capital, a new early stage venture capital fund based in London that practices equitable venture – meaning every entrepreneur invested in becomes a co-owner of the fund.
Tracy continues to invest in passionate entrepreneurs, supporting them throughout their growth as a board advisor.
Level 20 is a not-for-profit organisation formed, seeded and nurtured by a group of 12 women working in senior roles in private equity, representing both GPs and LPs. They aim to deliver greater representation for women at all levels of the industry, and strive to do this by inspiring women to join and succeed in this dynamic industry. Their belief is that that gender diversity will lead to superior investment performance, particularly as women progress to senior levels.