Ruth Foxe Blader, a former partner at Anthemis Group, has established Foxe Capital alongside Kyle Perez and Sophie Winwood. The new venture firm will invest in fintech startups globally, leveraging Blader’s experience from funding over 50 startups like Lemonade and Branch. Foxe Capital, while initially managing Anthemis’ vehicle, plans to transition to independent fundraising.
Blader’s departure from Anthemis to found Foxe Capital was motivated by her desire for independent investing, sparked by her co-founding of WVC:E in April 2022.
The firm will initially manage Anthemis funds but aims to cease investments from these funds this year and pivot fully to raising capital independently. Blader’s history of international living informs Foxe Capital’s global investment strategy, with a strong footing in the U.S. and significant experience across Europe, India, Cameroon, and Latin America.
Anthemis has experienced significant changes, including a restructuring leading to 16 layoffs and the abandonment of a $200 million fundraising effort for its third fund. The firm also faced a failed SPAC attempt and controversies in its portfolio companies.
These events, alongside leadership changes and scandals, illustrate a period of upheaval, setting the stage for Blader’s new venture into the competitive, dynamic world of fintech investing.