QED Investors
Venture capitalAlexandria · Seed–Growth · 48 people tracked
Also known as QED INVESTORS, LLC
Investment thesis
QED Investors focuses on fintech and financial services, backing founders who are disrupting and modernizing the industry. Founded by ex-Capital One leaders, the firm leverages deep operating experience in consumer credit and data-driven financial products to identify high-potential companies. QED invests across early and growth stages, and its early conviction is exemplified by leading Credit Karma's Series A as the first institutional investor. The firm has expanded globally, making its first Latin America investment and entering Asia in 2020, and now backs numerous unicorns across financial services.
Source: firm website, verified Aug 3, 2026.
Team · 48 people
from the firm's website & public directoriesWhat they invest in
from 71 of 185 portfolio companiesFintech ×51SaaS ×29Enterprise Software ×24AI & Machine Learning ×16E-commerce ×7HR Tech ×7Marketplaces ×7Data & Infrastructure ×6
HQs:United States×48Mexico×8Brazil×5Nigeria×3United Kingdom×2Colombia×1
Investments · 185 tracked
founders shown can be your intro pathRabbet is a data management platform for real estate professionals that centralizes project and capital data to improve decision-making and operational efficiency.
Construction TechData & InfrastructureEnterprise SoftwareFintechPropTechSaaSAustin, US
Will Mitchell(Founder/CEO)in
ApplePie Capital provides franchise financing and lending solutions to franchisees and franchise brands.
FintechSan Francisco, US
Steve Pelletier(Director)Denise Thomas(Executive Officer, Director)inZaw Thet(Director)
Board seatFrank Rotman· per SEC Form D
Betterfly offers employee benefits platform with configurable benefit packages, including life insurance starting from $20,000 MXN and dental insurance from $10,000 MXN, serving Mexican employers and their workforces.
HR TechInsurTechMexico City, MX
Eduardo della Maggiora(Executive Officer, Director)Martin Molina(Director)Cristobal della Maggiora(Executive Officer, Director)
Board seatMike Packer· per SEC Form D · $65.1M raise · filed Jun 2021
Cambridge, US
MATT BURTON(Director)PRZEMYSLAW GOTFRYD(Executive Officer, Director)IGNACIO MORENO(Executive Officer)LUIS BASAGOITI(Executive Officer)MIGUEL FERNANDEZ(Executive Officer, Director)
Board seatFrank Rotman· per SEC Form D
Sao Paulo, Sp
Mike Packer(Director)Carlos Costa(Director)Marcelo Marinho Lutz Pereira da Silva(Executive Officer, Director)Roberto Monteiro de Barros Biselli(Executive Officer, Director)
Board seatMike Packer· per SEC Form D · $6.5M raise · filed Jul 2026
Houston, US
Carolyn Rodz(Executive Officer, Director)
Board seatFrank Rotman· per SEC Form D · $15M raise · filed May 2023
New York, US
David George(Director)Stuart Sopp(Executive Officer, Director)Angus Davis(Director)
BoardCharles Moldow(Director)Nigel Morris(Director)
Board seatFrank Rotman· per SEC Form D · $220M raise · filed Apr 2021
Kin is a home insurance provider that offers both self-service and agent-assisted policy purchase and management for homeowners.
InsurTechChicago, US
Sean Harper(Co-Founder and Chief Executive Officer)S. Caribou Honig(Director)Lucas Ward(Executive Officer and Director)
BoardEric Carlborg(Director)Dan Rosen(Director)
Board seatAmias Gerety· per SEC Form D
Woodland Hills, US
Ahmad Ismail(Executive Officer, Director)Tikue Anazodo(Executive Officer, Director)
Board seatAmias Gerety· per SEC Form D · $27.4M raise · filed Mar 2026
San Francisco, US
FRANK ROTMAN(Director)VIJESH IYER(Executive Officer)BENJAMIN TSAI(Director)ROBERTO SELLA(Director)GREG OWENS(Executive Officer)NIGEL MORRIS(Director)
Board seatNigel MorrisFrank Rotman· per SEC Form D · $150M raise · filed Jun 2022
Arlington, US
Nigel Morris(Director)Kevin Bennett(Executive Officer, Director)
Board seatMiles Reidy· per SEC Form D · $120M raise · filed Jul 2022
Idea London
Board seatAmias Gerety· per SEC Form D · $3.3M raise · filed Jan 2021
Ocrolus provides cash flow analytics and document processing tools for lenders and financial institutions to make funding decisions for small businesses.
AI & Machine LearningData & InfrastructureFintechSaaSNew York, US
Nick Adams(Director)David Arcara(Director)Sam Bobley(Executive Officer)
Board seatAmias Gerety· per SEC Form D
New York, US
Board seatAmias Gerety· per SEC Form D · $20.2M raise · filed Apr 2024
Austin, US
Amias Gerety(Director)Robert William Mitchell(Executive Officer, Director)Andrew Latimer(Executive Officer, Director)
Board seatAmias Gerety· per SEC Form D · $2.8M raise · filed Jul 2021
Sao Paulo
Fabio Augusto Bredda Carrara(Director)Mike Packer(Director)Scott Phillip Sobel(Director)Guillaume Christian Emmanuel Tiret(Director)Mario Mello(Director)
Board seatMike Packer· per SEC Form D · $30M raise · filed Oct 2024
San Francisco, US
Board seatFrank Rotman· per SEC Form D · $80M raise · filed Jul 2021
San Francisco, US
Jerome Selles(Director)Matheus Riolfi(Executive Officer, Director)Amias Gerety(Director)
Board seatAmias Gerety· per SEC Form D · $29.6M raise · filed Jan 2022
Treasury Prime provides embedded banking technology through APIs that enable fintechs to embed banking services in their applications.
Enterprise SoftwareFintechSaaSSan Francisco, US
Chris Dean(Founder/CEO)inJames Brusstar(Executive Officer, Director)
Board seatAmias Gerety· per SEC Form D · $50M raise · filed Sep 2022
D2C integrated commerce company.
Atomic Vest provides a white-label investment and savings platform for fintechs and financial institutions to offer wealth management, cash management, and brokerage services to their customers.
AI & Machine LearningEnterprise SoftwareFintechSaaSSan Francisco, US
David Dindi(Founder)in
AvidXchange provides AI-powered accounts payable software that automates invoice capture, approvals, and payments for mid-market businesses.
AI & Machine LearningEnterprise SoftwareFintechSaaSCharlotte, US
Michael Praeger(CEO & Co-Founder)Dan Drees(President)Matt Harris(Director)Brad Feld(Director)Karen Bertaux(Executive Officer)Ross Agre(Executive Officer)
Azibo is a property management platform that enables landlords to collect rent, screen tenants, manage leases, track maintenance, and handle accounting and tax preparation.
FintechPropTechSaaSReno, US
Christopher Hsu(Executive Officer, Director)David Weiden(Director)Gregor Watson(Director)Richard Boyle(Director)Sarah Dickens Spoja(Director)
Leawood, US
William A. Cilluffo(Director)Robert R. O'Blennis(Executive Officer)Chris K. Costello(Executive Officer, Director, Promoter)Randall AufDerHeide(Executive Officer, Promoter)Greg Smith(Executive Officer)Kevin M. Conard(Executive Officer, Director, Promoter)
Caliza provides cross-border payment infrastructure and multi-currency account management for businesses operating globally, enabling instant transfers, payouts, and compliant financial operations across North America, Asia, South America, Europe, and Africa.
Enterprise SoftwareFintech<UNKNOWN>
Caribou is an auto refinancing platform that helps drivers reduce their car loan payments by connecting them with competitive rates from local and community lenders.
Fintech
Caribou provides transfer pricing services and tax compliance support for scaling companies, handling transfer pricing design, accounting entries, VAT, permanent establishment, and R&D eligibility in a single engagement.
Enterprise SoftwareFintechSaaSLondon, GB
Juan Andrade(Founder)in
Caribou offers car loan refinancing services by connecting drivers with lenders and managing the refinancing process, including paperwork and administrative steps.
FintechDenver, US
Catena is a governance and banking platform that enables AI agents to handle financial transactions safely within human-defined policies.
AI & Machine LearningEnterprise SoftwareFintech
Beaverton, US
Eric Gregg(Executive Officer, Director)Nathan Goff(Executive Officer, Director, Promoter)Aaron Green(Executive Officer, Director)
Codoxo provides a unified generative AI-powered platform for healthcare payment integrity and cost containment that shifts focus upstream to pre-claim provider education, helping payers reduce claim denials and improve provider relationships.
AI & Machine LearningEnterprise SoftwareHealthtech
Collective provides financial management and tax optimization services for self-employed entrepreneurs and solopreneurs.
FintechSaaS
Hooman Radfar(Founder & CEO)in
Coru provides a cloud-native platform for financial institutions to optimize customer service through digital channels, with bank-level security, compliance tools for banking regulations, and personalized credit approval experiences.
Cloud ComputingEnterprise SoftwareFintech
PartnerFernando Gonzalez· led
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does QED Investors invest at?
- QED Investors invests at the Seed, Series A, Series B, Growth stages.
- What is QED Investors's typical check size?
- QED Investors typically writes checks of $30K – $25M.
- What sectors does QED Investors focus on?
- QED Investors focuses on Fintech.
- Where is QED Investors located?
- QED Investors is headquartered in Alexandria, US.
- Does QED Investors lead rounds?
- Yes, QED Investors leads investment rounds.
From the blog
visit blog ↗QED Investors has written recently on stablecoins evolving as infrastructure with emerging opportunities in compliance and newer blockchain-native solutions, fintech's role in financial inclusion and empowerment across markets, and founder sentiment showing renewed optimism about fundraising despite a tightened venture capital environment requiring greater traction to justify valuations. AI summary
Media · Podcasts & interviews
featuring the teamWhat's hot in India's fintech scene according to QED Investors' Nigel Morris
Nigel Morris · cnbc.com
Frank Rotman: The Midas List Veteran on Building Fintech Empires at Capital One and QED Investors - YouTube
Something Ventured Podcast · Frank Rotman
Nigel Morris, Co founder and Managing Partner at QED Investors Joins Live on NYSE TV - YouTube
New York Stock Exchange · Nigel Morris
We now have 'a whole generation' of fintechs preparing for IPOs, says QED Investors' Nigel Morris - YouTube
CNBC Television · Nigel Morris
Frank Rotman | Building Capital One ($58B) and QED Investors ($4B AUM) - YouTube
The Peel with Turner Novak · Frank Rotman
QED Investors' co-founder Frank Rotman on how VC investors can help companies - YouTube
Vincent Private Markets · Frank Rotman
Images
Co-investors · 152
Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.
Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.
General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.
Founders Fund is a venture capital firm that invests in technology companies across sectors, backing companies such as Anduril and Palantir.
Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.
Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.
Greylock Partners is a venture capital firm that backs founders at the earliest stages, often as their first investor before a product exists.
Index Ventures is a venture capital firm that backs founders across the globe, investing in the people behind ideas from early through later stages.
Alumni Ventures (AV) is a venture firm that gives accredited individual investors access to professionally managed, diversified venture portfolios by co-investing alongside leading lead VC firms. It offers annual funds, syndicate deal-by-deal investing, and various investor clubs.
Notable Capital is an early-stage venture firm that partners closely with founders, providing hands-on operational support through a platform team of experienced operators across hiring, sales, leadership development, storytelling, and engineering.
Felicis Ventures is an early-stage venture capital firm that has backed founders for over 20 years, leading or co-leading the majority of its investments across seed and Series A rounds.
SV Angel is an investment firm that partners with and supports founders building transformative companies, providing long-term backing and close advisory relationships.
▶140 more co-investors
Bain Capital VenturesFoundation CapitalBoxGroupEverywhere VenturesSpark CapitalSound VenturesIVP (Institutional Venture Partners)DST GlobalUnion Square Ventures (USV)Tiger Global ManagementSusa VenturesSlow VenturesNextView VenturesOak HC/FTHeadlineCaffeinated CapitalAfore CapitalSoftBank Vision FundPICUS CAPITALFloodgateMeritech Capital PartnersInovia CapitalResolute VenturesUlu VenturesBonfire VenturesF-Prime Capital PartnersBullpen CapitalRevolutionRibbit CapitalLowercase CapitalRidge Ventures01 AdvisorsDN CapitalBase10 PartnersGustoDCM VenturesM13Banana CapitalBitkraft Esports VenturesVillage Global75 & SunnyEQT VenturesWingPareto HoldingsHomebrewGeneral PartnershipCiti VenturesGeneral AtlanticCapitalGNextGen Venture PartnersDreamers VCLeft Lane CapitalICONIQ CapitalViola VenturesCherry VenturesBedrockMouro CapitalFlourish VenturesGalaxy Digital Assets FundLobby CapitalAnthemis VentureMucker CapitalCoelius CapitalNyca PartnersTusk Venture PartnersFifth Wall VenturesCommerce VenturesFikaWhite Star Capital645 Venturesfirstminute capitalGolden VenturesGreenoaksEndeavor CatalystConstruct CapitalRavelin CapitalKaszek VenturesCanaryConversion CapitalJigsaw VCSquare Peg CapitalTTV CapitalCherubic VenturesWestCapDeciensModerne VenturesDragoneer Investment GroupPortage VenturesS3 VenturesValor Capital GroupFinTech CollectiveGrotech VenturesCerity Partners VenturesAlpine VenturesAllen Institute for Artificial Intelligence Incubator (AI2)Cambrian VenturesBek VenturesNorrsken VCAlpha EdisonPatronHambro Perks3VCBeyond CapitalAtlanticoBrewer Lane VenturesWollef VenturesVentureFriendsMTECH CAPITALLaconiaManchesterStory Group, LLCAccess Venture PartnersExpaVolition CapitalAltari VenturesDeep33Primo VenturesNewMont Venturesalpha4 venturesDifferential VenturesSozo VenturesALLVPGeodesic CapitalJanuary VenturesProsus VenturesCaravela CapitalLaHausbig_betsMUFG Innovation PartnersAqua SparkFalconsValuestream VenturesAvanta VenturesNovastar VenturesQuartzOutliers VCThe Case FoundationVree VenturesGlynn Capital ManagementInMotion VenturesPact
Firms observed investing alongside QED Investors, from public investor directories.
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