Kenneth Allen Fox is an American entrepreneur and investor.

Early life and education

Fox grew up in the suburbs of

Philadelphia, Pennsylvania Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...

, where he started his first business at the age of 15, later graduating from

Pennsylvania State University The Pennsylvania State University (Penn State or PSU) is a Public university, public Commonwealth System of Higher Education, state-related Land-grant university, land-grant research university with campuses and facilities throughout Pennsyl ...

, with a B.S. in economics. He led the formation of The Fox Challenge at Pennsylvania State University. He completed his first IPO at 29.

Career

Stripes

In 2008, Fox founded Stripes, LLC, a

Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...

-based growth equity firm that invests in

software-as-a-service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...

(SaaS), and branded consumer products companies. He is actively involved with Stripes portfolio companies Monday, ON Running, A24, Island, Stella & Chewy’s, SpectroCloud, Khaite, Erewhon, Snyk, Axonius, Fireblocks, Pleo and Collectors Universe.

ICG

Fox co-founded the

Internet Capital Group Actua Corporation was a venture capital firm. During the dot com bubble, the company had a market capitalization of over $50 billion. The company was originally known as Internet Capital Group, Inc. and changed its name to Actua Corporation in S ...

(ICG) in 1995 and ICG Asia, a Hong Kong-listed company later sold to

Hutchison Whampoa Hutchison Whampoa Limited (HWL) was an investment holding company based in Hong Kong. It was a Fortune Global 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL was an international corporation with a dive ...

Safeguard Scientifics

Fox worked as Director of West Coast operations for Safeguard Scientifics, Inc. from 1994 to 1996.Kenneth A. Fox III, A.C.A., A.C.I.I., A.C.I.S.; Bloomberg
He is also a co-founder of A10 Capital, a

commercial mortgage A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or ...

lender.

Honors and awards

Fox was named the Ernst and Young Entrepreneur of the Year in 2000. He won the Golden Plate Award from the American Academy of Achievement, and was named by the Industry Standard as the Most Innovative B2B Executive.

Personal life

Fox is a board member of the TEAK Fellowship, a Development Partner of Acumen, and a supporter of code.org.

References

External links

* {{DEFAULTSORT:Fox, Ken American financiers Businesspeople from Philadelphia Living people Year of birth missing (living people)