Blog Post

Prmagazine > News > News > Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups | TechCrunch
Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups | TechCrunch

Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups | TechCrunch

Frank Rotman, a prolific fintech investor and co-founder of Qed investors, said Friday that he will transition to a partner honorary role by the end of the year to focus on creating his own startup.

But these startups are not necessarily financial technology companies. exist Posts on xRotman – the man who helped launch Qed in 2007 – claimed that his plan to “get off the ground’s first business” was in the music industry. ”

He wrote: “It’s easy to call me crazy for all obvious reasons, but worth mentioning judgment until you learn more about the business that evolved in my mind and sat on the shelves for years. Building construction would be fun and actually have a huge impact on an industry that no one can imagine, without anyone.”

Rotman founded Alexandria, Virginia-based QED, which today owned $4 billion in assets with Nigel Morris and Caribou Honig two decades ago. He led the company’s investment in credit karma and played a role in QED’s investment in unicorns like Greensky, Flywire and Sofi. (In fact, QED is Credit Karma’s first institutional funding). Other companies supported by the company include Creditas, Nubank, Avidxchange and Bitso.

QED specializes in companies that build financial technology in the pre-seed to Series A stage.

Rotman, who plays the handle for Fintech Junkie on X, said he will transition to his new role on January 1, 2026. He will continue to take on a part-time consulting role in QED for the coming years.

In addition to starting a music startup, Rotman said he might plan to write a book that revolves around his “views and frameworks of the world of startups and venture capital.”

He wrote in his X post: “This won’t surprise anyone who knows me – writing is my oxygen. Even if Chatgpt and Claude are better writers than me, I can’t imagine without it.”

QED managing partner Nigel Morris pointed out in a statement that he and Rotman have worked together for more than 30 years and have previously worked at Capital One.

“Frank is an entrepreneur at the heart of the heart and I have no doubt he will do well in the next chapter,” he said.

Qed investors partner Amia Gerety will be promoted to lead the U.S. investment team to QED.

Source link

Leave a comment

Your email address will not be published. Required fields are marked *

star360feedback