Tim Levene

Tim graduated in Russian Studies from The University of Manchester and joined Bain & Company in Moscow, Boston, Sydney and London. Tim embarked on an entrepreneurial path and left Bain in early 1998 and created a new retail concept when he opened his first Juice bar (Fresh n Smooth) in 1999 in Canary Wharf. The business has since evolved into a 31-store business across London called Crussh.

In the summer of 1999, Tim joined 3 former colleagues from Bain & Company and launched Flutter.com. In early 2000, Flutter raised over $24m in venture capital from Index Ventures, Benchmark Capital, amongst others, and helped it become one of the highest profile internet businesses in the UK. Flutter merged with Betfair.com in 2001 and Tim became the Commercial Director of the newly merged business and launched Betfair globally.

In 2009, Tim returned to London to start his next venture. He founded Augmentum Capital with the backing of RIT Capital and Lord Rothschild. The team is focused on finding talented entrepreneurial teams in the Fintech industry that are bringing fundamentally disruptive products or platforms to the European market.

Although the fund is largely focused on Series A opportunities, Tim has personally backed a number of Fintech focused seed businesses. These include Brolly, Wrisk, Loot, Railsbank and Bizequity amongst many others. Tim was made a Young Global Leader by the World Economic Forum in 2012 and advises The Royal Foundation of The Duke and Duchess of Cambridge and Prince Harry on digital strategy and innovation. Tim was elected in March 2017 to The Court of Common Council in the City of London to represent the Ward of Bridge. (as an Independent). Tim is also a Governor of The City of London School.

Outside of the office, Tim has a young family and has been a Chelsea FC season ticket holder since 1979. He remains a keen footballer, golfer and skier although operating at a more sedate pace than in recent years.

Latest Tweets

7 days
RT @TechCityUK : The UK once again held top place for #tech funding in 2017, with a record €7.1 billion raised, a 115% YoY increase. Six sta…
7 days
RT @obussmann : Ripple Backs Global Regulations For Cryptocurrency Exchange buff.ly/2GbN2Jy