Qed Investors, LLC
SEC exempt reporting adviser (venture capital exemption).
- Website
- HTTP://WWW.QEDINVESTORS.COM
- HQ
- VA
Warm intros only
This firm says it does not take cold pitches. Ask someone who knows the team to introduce you.
Who to approach: NIGEL MORRIS
QED Investors is a venture firm that says it invests in pragmatic disruptors who are the future of finance. Its team includes co-founder and managing partner Nigel Morris, and partners who lead early stage, growth, and regional efforts across the U.S., Latin America, Africa and the Middle East, Europe, and Asia-Pacific. Portfolio companies named include Credit Karma, Nubank, Remitly, Flam, Finkargo, and OatFi.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Pre-seed, Seed, Series A, Series B, Growth | Not enough dated deals | Series A, Series B, Growth, Seed |
| Sectors | Fintech | Not enough dated deals | Fintech, Data analytics, Enterprise SaaS |
| Regions | Global | Not enough dated deals | CA, NY |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2007 | 2 | Data analytics, Fintech |
| 2008 | 3 | Media, Data analytics |
| 2009 | 5 | Fintech, Media |
| 2010 | 8 | Data analytics, Fintech, Enterprise SaaS |
| 2011 | 12 | Data analytics, Ecommerce, Fintech |
| 2012 | 9 | Enterprise SaaS, Fintech, Data analytics |
| 2013 | 9 | Fintech, Data analytics, Ecommerce |
| 2014 | 13 | Fintech, Marketplaces, Edtech |
| 2015 | 15 | Fintech, Marketplaces, Enterprise SaaS |
| 2016 | 13 | Fintech, Construction and proptech, Enterprise SaaS |
| 2017 | 11 | Fintech, Construction and proptech, Enterprise SaaS |
| 2018 | 16 | Fintech, AI applications, Construction and proptech |
| 2019 | 20 | Fintech, AI applications, Construction and proptech |
| 2020 | 9 | Fintech, Construction and proptech, Healthtech |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 3 | 2 | 0 |
| 2011 | 0 | 2 | 2 | 3 | 4 |
| 2012 | 0 | 4 | 1 | 0 | 4 |
| 2013 | 0 | 2 | 4 | 2 | 0 |
| 2014 | 0 | 2 | 4 | 2 | 3 |
| 2015 | 0 | 0 | 6 | 6 | 2 |
| 2016 | 0 | 1 | 3 | 6 | 3 |
| 2017 | 0 | 0 | 4 | 3 | 3 |
| 2018 | 0 | 2 | 8 | 0 | 4 |
| 2019 | 0 | 4 | 7 | 6 | 3 |
| 2020 | 0 | 2 | 4 | 1 | 1 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Fontes III, LP QED invests in pragmatic disruptors who are the future of finance, backing fintech companies that empower consumers and disrupt financial services. Inferred from the firm's website | 2024 | $10M (Form D) | Open, writing first checks |
| QED Fund VIII, LP QED invests in pragmatic disruptors who are the future of finance, backing fintech companies that empower consumers and disrupt financial services. Inferred from the firm's website | approx. 2023 | $600M to $650M (Form D and SEC adviser filing) | Open, writing first checks |
| QED Growth Fund II, LP | approx. 2023 | $250M to $508.21M (Form D and SEC adviser filing) | Open, writing first checks |
| Fontes II, LP QED invests in pragmatic disruptors who are the future of finance, backing fintech companies that empower consumers and disrupt financial services. Inferred from the firm's website | approx. 2022 | $8M to $11.57M (Form D and SEC adviser filing) | Late investment period |
| QED BF Holdings, LLC | approx. 2022 | Not reported | Late investment period |
| QED SHK HOLDINGS LLC QED invests in pragmatic disruptors who are the future of finance, backing fintech companies that empower consumers and disrupt financial services. Inferred from the firm's website | 2021 | $10M to $10.01M (Form D and SEC adviser filing) | Late investment period |
| QED MND Holdings, LLC | 2021 | $35M to $35.02M (Form D and SEC adviser filing) | Follow-ons only |
| QED Fund VII, LP | approx. 2021 | $500M to $537.74M (Form D and SEC adviser filing) | Follow-ons only |
| QED Growth Fund, LP | approx. 2021 | $450M to $508.21M (Form D and SEC adviser filing) | Follow-ons only |
| QED KFO Holdings, LLC | 2021 | $7M to $8.47M (Form D and SEC adviser filing) | Follow-ons only |
| Fontes I, LP | approx. 2021 | $12M to $16.91M (Form D and SEC adviser filing) | Follow-ons only |
| QED LFT Holdings, LLC | 2021 | $5M to $5.02M (Form D and SEC adviser filing) | Follow-ons only |
03 · People across funds
- FRANK ROTMAN, PRINCIPAL OF THE GENERAL PARTNER
Fontes III, LP (Team); QED Fund VIII, LP (Named on Form D); QED Growth Fund II, LP (Named on Form D); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Named on Form D); QED MND Holdings, LLC (Team); QED Fund VII, LP (Named on Form D); QED Growth Fund, LP (Named on Form D); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- NIGEL MORRIS, MANAGING MEMBER OF THE GENERAL PARTNER
Fontes III, LP (Named on Form D); QED Fund VIII, LP (Named on Form D); QED Growth Fund II, LP (Named on Form D); Fontes II, LP (Named on Form D); QED BF Holdings, LLC (Named on Form D); QED SHK HOLDINGS LLC (Named on Form D); QED MND Holdings, LLC (Named on Form D); QED Fund VII, LP (Named on Form D); QED Growth Fund, LP (Named on Form D); QED KFO Holdings, LLC (Named on Form D); Fontes I, LP (Named on Form D); QED LFT Holdings, LLC (Named on Form D)
- WILLIAM CILLUFFO, PRINCIPAL OF THE GENERAL PARTNER
QED Fund VIII, LP (Named on Form D); QED Growth Fund II, LP (Named on Form D); QED Fund VII, LP (Named on Form D); QED Growth Fund, LP (Named on Form D)
- Williams Cilluffo, Principal of the General Partner
QED SHK HOLDINGS LLC (Named on Form D)
- Alex Taub, Principal
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Amias Gerety, Partner, Head of U.S.
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Ana Cristina Gadala-Maria, Principal
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Bill Cilluffo, Partner and Head of Early Stage Investments
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Camila Vieira, Partner, Head of Brazil
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Enrique Hausmann, Principal
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Gbenga Ajayi, Partner, Head of Africa and Middle East
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Kshitij Jayakrishnan, Principal
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Laura Bock, Partner
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Mike Packer, Partner, Head of Growth
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Sandeep Patil, Partner, Head of Asia-Pacific
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Shruti Batra, Principal
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Victoria Zuo, Partner
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
- Yusuf Özdalga, Partner, Head of U.K. & Europe
Fontes III, LP (Team); QED Fund VIII, LP (Team); QED Growth Fund II, LP (Team); Fontes II, LP (Team); QED SHK HOLDINGS LLC (Team); QED MND Holdings, LLC (Team); QED Fund VII, LP (Team); QED Growth Fund, LP (Team); QED KFO Holdings, LLC (Team); Fontes I, LP (Team); QED LFT Holdings, LLC (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- HTTP://WWW.QEDINVESTORS.COM
- https://www.qedinvestors.com/
- https://www.qedinvestors.com/team
- https://www.qedinvestors.com/blog/seizing-the-bank-charter-moment-implications-for-fintechs-and-banks
- https://www.qedinvestors.com/companies/credit-karma
- https://www.qedinvestors.com/companies/nubank
- https://www.qedinvestors.com/companies/remitly
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026