QED Investors Organizes to Scale Into Fintech Opportunities

Frank Rotman becomes Chief Investment Officer; Bill Cilluffo elevated to lead early stage investments globally

QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, today announced a series of internal moves to facilitate the scaling of its unique business model.

Founding Partner Frank Rotman, formerly head of domestic investments, will take on an expanded role as Chief Investment Officer. In this position, he will provide oversight on investment portfolio composition and concentration as well as direction on the dynamics relative to the external markets and funding environment. Furthermore, he will lead the firm’s efforts in Web3 and the development of a dedicated venture studio.

Frank will also serve as a trusted mentor and advocate for QED’s investment team while continuing to cultivate strong relationships across the fintech ecosystem to build preference for QED globally.

In a corresponding move, Bill Cilluffo has been elevated from head of international investments to lead all of QED’s early-stage investments domestically and abroad, with a focus on pre-seed, seed and Series A investments.

QED Partner Chuckie Reddy has the role focused on growth-stage investments, now reporting to Managing Partner Nigel Morris. Chief Operating Officer Tommy Blanchard will continue to build out the platform function within the QED operations team and Jamie Loving will continue to serve as QED’s Chief Financial Officer.

“I’m really excited that Frank and Bill are taking on these critical roles, and I’m looking forward to working closely with Chuckie as we build our growth fund,” said Morris. “These roles play to their unique superpowers and will allow QED to grow seamlessly and to continue to produce exceptional returns for our investors. For our portfolio companies, these moves will allow us to double down on our brand promise of providing the best advice you can get anywhere in fintech.”

Founded in 2007, QED Investors has invested in more than 170 companies, including 25 unicorns, and has more than $4.6 billion under management. In September 2021, QED announced it had closed a substantially oversubscribed $1.05 billion fund, including $550 million in QED Fund VII for early stage investments and $500 million in a new Growth Fund.

About QED Investors

QED Investors is a global leading venture capital firm based in Alexandria, Va. Founded by Nigel Morris and Frank Rotman in 2007, QED Investors is focused on investing in disruptive financial services companies worldwide. QED Investors is dedicated to building great businesses and uses a unique, hands-on approach that leverages our partners’ decades of entrepreneurial and operational experience, helping their companies achieve breakthrough growth. Notable investments include AvidXchange, Bitso, Current, Creditas, Credit Karma, Kavak, Klarna, Konfio, Loft, Nubank, QuintoAndar, Remitly and SoFi.

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