vcspine

QED

QED last closed a fund in July 2025 — 16 months ago.

Next fund
No rhythm to call

It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now.

Funds on file
15
Capital raised
$2.41B+
Latest close
July 2025
Based in
VA

Vehicles on file

VehicleFirst closeAmount Filings
QED KN Holdings, LLCJuly 2025$1M0002078741 ↗
QED Growth Fund II, LPApril 2023$250M offered0001966519 ↗
QED Fund VIII, LPApril 2023$600M offered0001966518 ↗
QED Sun Holdings, LLCMay 2022$2M0001866669 ↗
QED BF Holdings, LLCJanuary 2022not stated0001905868 ↗
QED MND Holdings, LLCSeptember 2021$35M0001880029 ↗
QED Growth Fund, LPAugust 2021$450M offered0001869244 ↗
QED Fund VII, LPAugust 2021$500M offered0001869242 ↗
QED KFO Holdings, LLCJune 2021$7M0001864334 ↗
QED LFT Holdings, LLCMarch 2021$5M0001849558 ↗
QED Fund VI, LPFebruary 2020$350M0001800847 ↗
QED WS Holdings, LPMay 2019$1M0001777083 ↗
QED LatAm Fund, LP—$30M offered0001686996 ↗
QED Fund V, LP—$150M offered0001742524 ↗
QED LatAm Fund II, LP—$25M offered0001756313 ↗

1 of these filed no amount (an “Indefinite” offering), so the total above is a floor.

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Nigel Morris, Frank Rotman, William Cilluffo, Matt Risley, Bill Cilluffo, Ciara Burnham, J. Miles Reidy, J. Reidy

What QED invests in

Typical fund
$35M median, seed to early stage
Median of this firm’s filed fund sizes on Form D.
Says it invests in
fintech
“The wind is at our back and we have never been more excited to continue to invest in the founders who are bringing transparency and fairness to financial services.” — its own site, read September 2026
Website
qedinvestors.com
As filed by the adviser on Form ADV, April 2026.

Sector and stage are quoted from the firm’s own website, not inferred, and dated.

Service providers

Fund administrator
Carta (9 funds)
Auditor
Frank Rimerman (8 funds)

From Form ADV filed by QED INVESTORS, LLC CRD 284908 ↗, latest filing April 2026, covering 9 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.