Catriona Wallace
Quick Facts
Biography
Catriona Wallace (born 1965/1966) is an Australian businesswoman, TV personality, former police officer, identifies as a gender non-binary grandmother (she/they) and is a leader in the Psychedelic Renaissance.
She is a specialist in the field of the metaverse, artificial intelligence and the responsible use of technology.
Wallace founded Flamingo AI in 2013 and is also the founder of Responsible Metaverse Alliance which was launched in 2022 to address potential safety and legal issues in the metaverse such as sexual harassment.
In March 2023, Wallace was announced as one of the new "Sharks" on Shark Tank on Network 10.
Career
Joining the New South Wales Police Force at the age of 19, she worked as a police officer in Kings Cross and The Rocks during the 1980s.
After almost four years of service, Wallace left the police to complete an undergraduate degree in arts as well as a master's degree and a PhD at the University of New South Wales in 2007. Her thesis explored the role of technology as a substitute for leadership.
In 2005, Wallace co-founded award winning company Fifth Quadrant and research organisation ACA Research.
Wallace founded Flamingo AI in 2014. In 2016, it became the second woman-led business ever to list on the Australian Stock Exchange. The company developed chatbots for companies such as Credit Union Australia, Chubb Limited and AMP Limited. Wallace also held the position of the company's chief executive officer until February 2019 prior to the company offloading its assets and sold to private investors in 2020.
In 2015, Wallace spearheaded a project called The Ventura, a co-working space for female-led start-up businesses under three years old and less than $1 million in revenue. Companies were required to have a woman as its founder, co-founder or chief executive officer.
Wallace won the business and entrepreneur category at The Australian Financial Review Women of Influence Awards in 2018. Wallace was also inducted into the Royal Institution of Australia acknowledging her as one of Australia’s most pre-eminent scientists.
In 2022, Wallace co-authored Checkmate Humanity: The How and Why of Responsible AI.
Wallace is an adjunct professor at the University of New South Wales' Australian Graduate School of Management a chair of Boab AI. She was previously a Director of the Garvan Institute, the Gradient Institute and was also a co-chair of Sir Richard Branson's The B Team.
She is also a regular contributor to discussions about artificial intelligence.
In March 2023, Wallace was one of five new Australian "Sharks" announced for a new series of Shark Tank, a role that she originally declined when first approached: “I said, ‘I don’t behave like a shark, so no, I don’t think it’s for me’”
Wallace succeeded the original cast of when the program returned in 2023.
Catriona is also a leading advocate in the Psychedelic Renaissance having been trained and initiated by the Shipibo people in Peru.
Personal life
Wallace is non-binary.