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Poppy Gustafsson

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Person.png Baroness Gustafsson  Rdf-entity.pngRdf-icon.png
businesswoman)
Baroness Gustafsson.webp
BornPoppy Clare Veronica Prentis
24 August 1982
Alma mater University of Sheffield
Spouse Roland Joel Gustafsson
Founder ofDarktrace

Employment.png Minister of State for Investment

In office
10 October 2024 - Present
Appointed byKeir Starmer

Employment.png Member of the House of Lords Wikipedia-icon.png

In office
15 November 2024 - Present

Poppy Gustafsson, Baroness Gustafsson, is a British businesswoman and Labour Party life peer who was Minister of State for Investment since 2024.

Business career

In her early career, Gustafsson worked for the venture capital firm Amadeus Capital Partners. In 2009, she moved to Autonomy, working as a corporate controller until the company's acquisition by HP.

Gustafsson co-founded Darktrace in 2013 and initially held the position of chief financial officer. She subsequently took on the role of co-chief executive in 2016 and became the sole CEO in 2020. She led Darktrace's initial public offering in 2021, and left the company in 2024 prior to the completion of its sale to the private equity firm Thoma Bravo.[1]

Government minister

On 10 October 2024, Gustafsson was appointed to the government as Minister of State for Investment by Prime Minister Sir Keir Starmer. She was created a life peer as Baroness Gustafsson, of Chesterton in the City of Cambridge, on 15 November to allow her to sit in the House of Lords.

Reaction

Of her new position, Gustafsson said:

"It is a huge privilege to be appointed as the Minister of Investment and I am excited to get started.

"I have first-hand experience of building and scaling a business here in the UK and I am thrilled to have the opportunity to share with the international investment community what I already know to be true: the UK is a great place to do business."[2]


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References

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