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QED Investors

North America, Virginia, United States, Alexandria

Description

QED Investors is a prominent venture capital firm headquartered in Alexandria, Virginia, renowned for its deep specialization in the financial technology (fintech) sector. Founded in 2008 by Nigel Morris and Frank Rotman, both co-founders of Capital One, the firm leverages its founders' extensive operational experience to identify and nurture high-growth companies. QED's investment thesis centers on supporting disruptive businesses that are reshaping the financial services landscape globally.

The firm's investment strategy is distinguished by its hands-on approach, providing not just capital but also strategic guidance and operational expertise to its portfolio companies. QED invests across various stages, from seed and Series A rounds to later-stage growth equity, demonstrating flexibility in its capital deployment. While based in the United States, QED has a significant global footprint, actively investing in fintech innovators across Latin America, Europe, India, and other emerging markets, reflecting a broad geographic ambition.

QED Investors has built an impressive portfolio, backing some of the most successful fintech companies worldwide. Notable investments include industry giants like Credit Karma, SoFi, Klarna, Remitly, and Nubank, many of which have achieved unicorn status or successful exits. The firm's commitment to its portfolio is evident in its long-term partnerships and its ability to help companies scale rapidly and navigate complex regulatory environments.

Demonstrating its continued growth and commitment to the fintech ecosystem, QED Investors recently closed its eighth fund, QED Fund VIII, at a substantial $950 million. This latest fund brings their total capital under management to over $4.6 billion, underscoring their significant financial capacity and influence in the venture capital landscape. To date, QED has invested in over 180 companies across 15 countries, solidifying its position as a leading global fintech investor.

Investor Profile

QED Investors has backed more than 342 startups, with 29 new investments in the last 12 months alone. The firm has led 137 rounds, about 40% of its total and boasts 40 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Brazil, United Kingdom.
  • Strong thematic focus on Financial Services, FinTech, Software.
  • Led 18 rounds in the past year.
  • Typical check size: $1M – $20M.

Stage Focus

  • Series A (33%)
  • Series B (21%)
  • Seed (19%)
  • Series C (11%)
  • Series Unknown (6%)
  • Series D (4%)
  • Pre Seed (2%)
  • Debt Financing (1%)
  • Series E (1%)
  • Private Equity (1%)

Country Focus

  • United States (57%)
  • Brazil (12%)
  • United Kingdom (9%)
  • Mexico (7%)
  • India (3%)
  • Colombia (2%)
  • Ireland (1%)
  • Canada (1%)
  • Chile (1%)
  • South Africa (1%)

Industry Focus

  • Financial Services
  • Fintech
  • Software
  • Finance
  • Payments
  • Banking
  • E-commerce
  • Information Technology
  • Saas
  • Real Estate
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does QED Investors frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 13
Quona Capital
North America, District of Columbia, United States, Washington
Co-Investments: 16
FJ Labs
North America, New York, United States, New York
Co-Investments: 15
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 14
VEF
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 10
DST Global
Europe, England, United Kingdom, London
Co-Investments: 11
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 12
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 18
Valor Capital Group
North America, New York, United States, New York
Co-Investments: 17
Kaszek
South America, NA - Uruguay, Uruguay, Montevideo
Co-Investments: 30

Which angels does QED Investors often collaborate with?

KA
North America, New York, United States, New York
Shared Deals: 2
EL
North America, Florida, United States, Miami Beach
Shared Deals: 2
Carlos Julio Garcia
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 3
AL
North America, California, United States
Shared Deals: 2
David Vélez
South America, Sao Paulo, Brazil, São Paulo
Shared Deals: 3
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
RS
North America, Colorado, United States, Denver
Shared Deals: 5
Florian Hagenbuch
South America, Sao Paulo, Brazil
Shared Deals: 2
SB
North America, New York, United States, New York
Shared Deals: 2
ML
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by QED Investors?

april

New York, New York, United States

April offers embedded tax planning and filing tools that integrate into financial platforms to power smarter, real-time tax decisions.

Financial ServicesFinTechInformation TechnologyTax ConsultingTax Preparation
Series BJul 23, 2025
Amount Raised: $38,000,000
Spinwheel

Oakland, California, United States

Transform how your business and your customers see, understand, and act on debt with our industry-leading debt APIs and drop-in modules.

Financial ServicesFinTechMobile PaymentsPaymentsSoftware
Series AJun 23, 2025
Amount Raised: $30,000,000
Payabli

Miami, Florida, United States

Payabli is a payments infrastructure and monetization platform that helps software companies integrate payments into their business models.

Developer APIsFinancial ServicesFinTechPaymentsSoftware
Series BJun 17, 2025
Amount Raised: $28,000,000
Fermat Commerce

San Francisco, California, United States

Fermat Commerce develops an influencer-driven e-commerce platform.

E-CommerceShoppingSocial Media Marketing
Series BJun 11, 2025
Amount Raised: $45,000,000
OatFi

New York, New York, United States

OatFi provides the end-to-end infrastructure for B2B payment platforms to launch embedded working capital tools.

FinanceFinancial ServicesFinTechLending
Series AJun 3, 2025
Amount Raised: $24,000,000
Wander

Austin, Texas, United States

Wander is a luxury rental company that provides smart home travel services.

LeisureRentalSmart HomeTourismTravel Accommodations
Series BMay 28, 2025
Amount Raised: $50,000,000
Stitch

Cape Town, NA - South Africa, South Africa

Stitch is a payments infrastructure company that helps businesses seamlessly connect to the financial system

Financial ServicesFinTechPayments
Series BApr 11, 2025
Amount Raised: $55,000,000
Félix

San Francisco, California, United States

Félix is ​​a chat-based platform that enables Latinos in the US to send money abroad.

Artificial Intelligence (AI)BlockchainFinTechNatural Language ProcessingPayments
Series BApr 3, 2025
Amount Raised: $75,000,000
Hydrolix

Portland, Oregon, United States

Hydrolix is a data management company that specializes in providing solutions for storing, managing, and analyzing large-scale data.

Cloud Data ServicesDatabaseInformation TechnologyInternetOutsourcing
Series CApr 3, 2025
Amount Raised: $80,000,000
NymCard

Abu Dhabi, Abu Dhabi, United Arab Emirates

NymCard is an API-first finance platform providing payment infrastructure, card issuance, transaction processing, and digital lending.

BankingFinancial ServicesFinTechPayments
Series BMar 18, 2025
Amount Raised: $33,000,000