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Lucie Macleod

Lucie Macleod is a Welsh entrepreneur in the United Kingdom who founded the hair oil brand Hair Syrup while studying at the University of Warwick. The brand took off on TikTok, its products are stocked by retailers including Boots, and in 2025 it entered the Nordic market; that year she won The Times Young Founder of the Year award.

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Key facts

Early Life: Pembrokeshire and the University of Warwick

Macleod was born in Pembrokeshire, Wales, and speaks Welsh. She studied English literature at the University of Warwick and graduated. In 2019, aged 21, her hair was dry and damaged after years of bleaching and heat styling; after wasting money on products that did not work, she turned to natural ingredients.⁠[1][2][2][3][3][3]

A Viral TikTok Video and the Founding of Hair Syrup

Unable to find an all-natural hair oil within her tight budget, she experimented with blends in her student kitchen until she found a formula that worked. In 2020, during the UK lockdown, she posted a TikTok video showing her hair transformation; it went viral overnight with 600,000 views, and many viewers asked to buy her “magic syrup.” About six months later she decided to turn the kitchen project into a business, scaling up production, launching a website and producing social media content from her parents’ conservatory; at first she sold on EtsyEtsyEtsy (Etsy, Inc.) is a U.S. public company headquartered in Brooklyn, New York, that operates Etsy, an online marketplace centered on handmade goods, vintage items, and creative products. Founded in 2005, it listed on Nasdaq in 2015 and moved its stock listing to the New York Stock Exchange in 2025. The company acquired the music gear marketplace Reverb, the secondhand fashion marketplace Depop, and the Brazilian handmade marketplace Elo7, then sold all three between 2023 and 2026, returning to operating only the core Etsy marketplace.Open the full entry and spent almost nothing.⁠[3][3][3][3][3][3][2][2]

Hair Syrup Ltd Is Formed

On July 7, 2021, she was appointed a director of the newly formed HAIR SYRUP LTD. Over the following 18 months Hair Syrup moved into several warehouses across North Pembrokeshire, and its products were taken up by retailers including ASOS, LookFantastic, Boots and BeautyBay.⁠[4][4][3][3]

Appears on Dragons’ Den

In the two days after the episode aired, the brand’s TikTok account gained about 20,000 followers; rather than criticise the investors, she said “the Dragons were really lovely” and had taught her many invaluable lessons.⁠[6][6][6]

Sales Growth and a Regional Business Award

In April 2025 she said sales had risen 66% since the programme aired and that the company planned to open a third warehouse and double its staff; around the same time she was named Young Businessperson of the Year at the Swansea Bay Business Awards. She said: “Appearing on Dragons’ Den has completely transformed my business trajectory and my life.”⁠[8][8][8]

Joins the Welsh Accelerated Growth Programme

Hair Syrup took part in the Accelerated Growth Programme, the flagship high-growth support service of the Welsh Government’s Business Wales. She said the programme introduced the company to an HR manager and supported a brand refresh after Dragons’ Den, allowing her to refocus on brand building, innovation and international expansion; she also said she had never paid influencers to promote Hair Syrup.⁠[1][1][1][1][1][1]

Enters the Nordic Market and Wins The Times Young Founder of the Year

In 2025 Hair Syrup was ranked 13th in the Sunday Times 100 index of Britain’s fastest-growing private companies and began expanding into Scandinavia through a deal with the retailer Lyko. In September 2025, at the Sunday Times 100 awards ceremony at the British Museum, she received The Times Young Founder of the Year award, presented by Gymshark founder Ben Francis and Times business editor Jon Yeomans. She said: “When I started Hair Syrup with just £300, I never imagined it would grow into the UK’s fastest-growing beauty brand.”⁠[9][9][9][9][9][9][9]

Interviewed by The Venture Room

On September 30, 2025, The Venture RoomThe Venture RoomThe Venture Room is a UK entrepreneurial media brand centered on the YouTube channel @theventureroom. Through long-form interviews with founders and street interviews such as “Asking Millionaires How They Got Rich?”, it presents entrepreneurs’ stories and advice to aspiring business owners, and runs an entrepreneur community and brand partnerships.Open the full entry published a street-interview video filmed in Marylebone, London; she appears at 15:50, describes Hair Syrup as a viral hair care brand selling mainly pre-wash hair oil treatments, and says the company made £5 million the previous year. She said one big secret of her success was not caring what anyone says about her: she started the business from her parents’ house while at university, her parents were dead set against it and thought she would throw away her studies for a “silly little Etsy business,” and people laughed at her a year later when she said she would get the oils into Boots. She also said she had never read a business book.⁠[10][10][10][10][10][10][10][10]

Named to the Startups 100

On January 12, 2026, Hair Syrup was ranked 30th in the Startups 100 2026 index of new UK businesses and was nominated for its Marketing Award; at the time the brand had 436,300 TikTok followers, and its products were stocked by major retailers including Boots and Superdrug.⁠[5][5][5][5][5]

Advice Shared on The Venture Room

“Hire in all of your blind spots, all of your weak spots.” She said she stays out of the parts of the business she is weaker at, because stepping in would let that area down and also hurt the sales, marketing and front-facing work she thrives at. (at 17:04 in the video)⁠[10][10]

“Don’t say, do.” She believes too many ideas stay as talk and end up in the graveyard, and that you need to just get on with it. (at 17:26 in the video)⁠[10][10]

“Hustle in the background, shine in public.” She said she told no one she was running a business, even when she already had tens of thousands of followers, until it reached the level she wanted. (at 17:57 in the video)⁠[10][10][10]

Related Organizations, Websites, and Public Accounts

Hair Syrup: Official website: https://hairsyrup.co.uk/ (opens in a new window).⁠[5]

Sources

  1. From side hustle to a £6.5 million beauty sensation: How the Accelerated Growth Programme supported Hair Syrup’s meteoric rise (opens in a new window)
  2. Warwick graduate who launched hair oil business during degree now worth multi millions (opens in a new window)
  3. The Hair Syrup Story (opens in a new window)
  4. HAIR SYRUP LTD people (opens in a new window)
  5. 30. Hair Syrup (opens in a new window)
  6. Have the Dragons made their biggest ever mistake? (opens in a new window)
  7. Successful Pembrokeshire entrepreneur Lucie Macleod stirs Up Dragons’ Den with viral hair syrup (opens in a new window)
  8. Dragons’ Den reject has last laugh with 66% sales spike (opens in a new window)
  9. Pembrokeshire entrepreneur wins top Times award (opens in a new window)
  10. Asking Millionaires How They Got Rich? | London, Marylebone (opens in a new window)