Fourscore and 18 months ago (pretty much), we launched Foxe Capital to manage a portfolio of 40+ companies I’ve been working with since 2017.
We’ve also been writing and speaking publicly (a lot) about where we think the venture market is heading. It’s been great to focus on what matters to us: helping companies thoughtfully consider paid-in capital dynamics and exit optionality, while creating value for our LPs. The ZIRP-fueled venture capital supercycle is over, but investing in radical emerging technology projects is more relevant than ever.
So, what’s new? First, Dan Dall’Asta joined the team to help develop a bunch of opportunities, some of which we’re talking about publicly, and some, not yet. Advisory, board work, coaching and incubating with our favorite founders are all in scope. But we are being extremely selective about these projects, in order to make space for our upcoming rebrand.
If any of this speaks to you, please feel free to reach out. More updates to follow…
Portfolio Updates
Four Questions with Dan Dall’Asta, General Partner at Foxe Capital
Dan is a General Partner at Foxe Capital with over 15 years of experience investing in, operating, and scaling tech startups. Before leading embedded payments platform, Rize Money, Inc. through a successful exit and integration into Fifth Third Bank, he was a founding team member at Route 66 Ventures, where he played a key role in over 200 early-stage investments across fintech and insurtech.
R: What have you been up to lately?
D: While it’s been important to me to stay as active as possible in all things VC and angel investing, the past five years I’ve been pretty heads-down trying my hand at operating.
Here’s the least surprising thing I can share from my transition from fintech VC to fintech operator and bank employee (post-exit): investors and board members know just a FRACTION of what the day-to-day actually looks like for venture backed companies trying to make it, or within the large FIs that play such a critical role in the success of emerging fintechs.
Now that I’ve got my VC hat back on, I’ve mostly been reconnecting with old and new friends to share a quick update on my transition back into venture, exchange insights, and gather as much valuable perspective as I can – all while ramping up with Ruth on some exciting new projects ahead.
Other than that, the beginning of summer with young kids means more chaos at home, so listening to a lot of Taylor Swift with my 3 daughters, who take turns choosing songs from 1989, Midnights, or Fearless.
R: What are you excited about?
D: AI is shifting the sands of what it means to build new software businesses – it’s easier than ever. So I’m especially excited to focus on previously underserved founders: true experts whose stock just went way up. As AI levels the playing field on “good tech,” deep industry expertise will be a real differentiator and the key to spotting fintech’s next big winners.
R: What do you need from the Foxe Capital universe?
D: Intros, intros and more intros! I need to soak up everything I can on what has and hasn’t been working in the VC⇔founder ecosystem. Which VCs are doing a good job? Which aren’t? Why?
In return, I’m happy to share some of my experiences, including missteps we avoided on the path to success at Rize and Fifth Third (some predictable, others a total surprise).
R: What's your walk-up song?
D: Livin’ on a Prayer by Bon Jovi. Jersey strong since the mid-80s!
Foxe Capital in the News
Foxe Capital Hires Fifth Third Bank’s Dan Dall’Asta as General Partner
Ruth Foxe Blader Featured on The Insurer TV
See You Soon?
Unlock VC Emerging Manager Summer Drinks, New York City, Jul 22 – meet up with Sophie & Ruth
MoneyLIVE North America, Chicago, Sept 16 – catch Ruth on stage!
Unlock VC Summit, Paris, Oct 13-15 – catch Ruth on stage!
Get In Touch
LinkedIn | Substack | X | Email