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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?

Zocks

San Francisco, California, United States

Zocks is an AI-powered assistant specifically for financial advisors that automate routine tasks and capture client insights.

Artificial Intelligence (AI)Enterprise SoftwareFinancial ServicesSoftware
Series BJan 26, 2026
Amount Raised: $45,000,000
Cloover

Stockholm, Stockholms Lan, Sweden

Cloover provides embedded financial services, software, and energy solutions to facilitate a successful energy transition.

Embedded SystemsFinancial ServicesRenewable Energy
Series AJan 21, 2026
Amount Raised: $22,000,000
Ringg

Bengaluru, Karnataka, India

Ringg is an IT company that develops software for manufacturing industries.

AnalyticsArtificial Intelligence (AI)Business Process Automation (BPA)Cloud ComputingData VisualizationEnterprise SoftwareIndustrial AutomationManufacturingSoftware
Series AJan 20, 2026
Amount Raised: $5,281,894
Codoxo

Duluth, Georgia, United States

Codoxo leverages advanced generative and self-learning AI to enhance payment integrity in healthcare.

AnalyticsArtificial Intelligence (AI)Fraud DetectionGenerative AIHealth CareMachine LearningSoftware
Series CDec 17, 2025
Amount Raised: $35,000,000
Model ML

New York, New York, United States

Model ML provides AI tools that automate tedious tasks in finance, enabling firms to process deals and models more efficiently.

Artificial Intelligence (AI)B2BFinancial ServicesFinTechMachine Learning
Series ANov 24, 2025
Amount Raised: $75,000,000
Donnerstag.ai

Frankfurt, Hessen, Germany

Donnerstag.ai is a centralized receivables management system designed primarily for suppliers.

Artificial Intelligence (AI)Financial ServicesPayments
SeedNov 20, 2025
Amount Raised: $4,616,150
Velotax

Vila Olímpia, Sao Paulo, Brazil

Velotax is the easiest way to keep customers' income tax information in an organized and centralized way.

Series AOct 22, 2025
Amount Raised: $23,143,862
Lastro

São Paulo, Sao Paulo, Brazil

AI platform for real estate agencies

Artificial Intelligence (AI)FinTechReal EstateSaaSSoftware
Series ASep 30, 2025
Amount Raised: $15,995,484
Hala

Riyadh, Ar Riyad, Saudi Arabia

Hala is a digital financial platform for your payments.

Financial ServicesInformation TechnologyPaymentsPredictive Analytics
Series BSep 15, 2025
Amount Raised: $157,000,000
Kin Insurance

Chicago, Illinois, United States

Kin Insurance is a direct-to-consumer digital insurance provider that enhances convenience and customization in coverage options.

Financial ServicesInsuranceInsurTechProperty Insurance
Series ESep 9, 2025
Amount Raised: $50,000,000

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