Tim Levene
Tim began life as an entrepreneur when he opened his first juice bar in Canary Wharf in the late 90s following a successful career with Bain and Company in Moscow, Sydney and London.
Crussh now has 25 stores throughout London and Tim remains an active shareholder in the business. In 1999 he became the founding employee in London, of Flutter.com and later became Commercial Director in 2001 following the merger with Betfair.com. The combined entity revolutionised the gambling industry by building the world�s largest sports betting exchange.
Today, Betfair manages more than �40 billion in transactions each year, and facilitates more transactions each day than the rest of the European stock exchanges combined. Betfair has become one of Europe�s most successful internet businesses and has been richly rewarded by being the only company to have won the CBI Business of the Year twice. Tim led the internationalisation of the business, and laid the foundations across Asia, Europe and the rest of the world. He moved to Asia in 2004 to launch the business in Asia, and today remains an active shareholder and supporter of the business.
In 2009, Tim returned to London to embark on his next venture. He formed Augmentum Capital with the backing of RIT Capital and Lord Rothschild, and focuses relentlessly on finding entrepreneurs who have businesses that are disruptive technologically and reinvigorate markets that are lacking in fresh innovation.
Over the years, Tim has advised and personally invested in a number of exciting and innovative businesses, including Codilink, Borro.com, Crussh and Betfair.com.
Outside of the office, Tim has a young family and is a dedicated Chelsea FC season ticket holder. He remains a keen footballer, skier and golfer, although operating at a more sedate pace than in recent years.
