US-based QED Investors is one of the leading venture capital firms in the world. In a recent development, the VC firm announced that it has closed an oversubscribed seventh fund (Fund VII) with capital commitments of $1.05 billion (nearly £0.76 billion).
UK expansion on cards
Notably, Fund VII of QED Investors comprises a $550 million early-stage fund and a $500 million growth-stage fund. The funds were touted to allow QED Investors to continue to invest in fintech companies primarily in the US, UK, EU, Latin America, and Southeast Asia.
“Fund VII is the largest proof point we have that proves that our model is working,” said QED Investors Managing Partner and Co-Founder Nigel Morris. “Over the past 14 years, our team has utilized its extensive experience as operators-turned-investors to help companies achieve breakthrough growth. We are certainly proud of our portfolio of companies and look forward to leaning into the significant opportunity the market has to offer. We have been doubling down on fintech since 2007 and are thrilled to continue play a key role in fintech’s future growth.”
“As we searched for an investor to lead Bitso’s Series B, we looked for someone with operational expertise that could help us navigate the complexity of building a business at scale,” said Bitso CEO and Co-Founder Daniel Vogel. “The QED team has been the perfect partner for us: long-term strategic thinking combined with preciseness to accelerate execution. QED not only excels in understanding the landscape of our industry, but they’re able to help us navigate the most complex challenge: building high-functioning and performing teams. QED’s incredible team, unparalleled fintech expertise and deep operational competence makes them one-of-a-kind investor for anyone looking to change the future of money or finance.”
Revolutionised fintech investments
QED Investors was founded in 2007 by Nigel Morris and Frank Rotman. It is known for its singular focus on fintech and its more than 250 combined years of operator experience. QED works side-by-side with CEOs and founders, applying a rigorous, hypothesis-driven approach that identifies investment opportunities that are well-positioned in the marketplace.
Since its debut, it has invested in more than 150 companies, including 20 unicorns and has over $3 billion under management. QED has invested in fintech companies and its portfolio includes some fintech behemoths such as Credit Karma, Remitly, Nubank and AvidXchange.
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