QED InvestorsInvestor Index fintech portfolio in accounting and finance software
Ranked #15 of 129January 2020 – September 2026
QED Investors backed 11 accounting and finance software companies in 18 rounds between January 2020 and September 2026, ranking #15 in the Investor Index. It led 7 of the rounds. The rounds it backed raised US$547m in total. Its most frequent area was bookkeeping, with 5 rounds.
18Rounds
7Led
US$547mRaisedin its rounds
#15Rank
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Rounds each quarter
Rounds led or joined
Q1 20200
Q2 20200
Q3 20202
Q4 20200
Q1 20210
Q2 20212
Q3 20211
Q4 20212
Q1 20221
Q2 20221
Q3 20221
Q4 20220
Q1 20231
Q2 20230
Q3 20231
Q4 20231
Q1 20241
Q2 20240
Q3 20241
Q4 20240
Q1 20250
Q2 20250
Q3 20251
Q4 20251
Q1 20260
Q2 20261
Q3 20260
Where it invests
Rounds by product area
Bookkeeping5
Payroll4
Spend management4
Payables and receivables2
Tax and compliance2
Treasury1
Portfolio companies
11 accounting and finance software companies it backed, A to Z
| Company | Backed | Role | Latest |
|---|---|---|---|
| April | 2 rounds | Led 1 | Jul 2025 |
| Astrada | 1 round | Led 1 | May 2026 |
| BHub | 1 round | Joined | Dec 2021 |
| Cobre | 2 rounds | Joined | Sep 2024 |
| Collective | 3 rounds | Led 1 | Jul 2023 |
| Donnerstag.ai | 1 round | Joined | Nov 2025 |
| Finch | 1 round | Joined | Feb 2023 |
| Payhawk | 3 rounds | Led 1 | Mar 2022 |
| Proper | 1 round | Led 1 | Jul 2021 |
| Remofirst | 2 rounds | Led 1 | Mar 2024 |
| Worky | 1 round | Led 1 | Jul 2020 |
Every round
Largest first, as announced
Download all All 925 rounds since 2020| Company | Amount | Round | Role | When |
|---|---|---|---|---|
| Payhawk | US$112m | Series B | Joined | Nov 2021 |
| Payhawk | US$100m | Series B extension | Joined | Mar 2022 |
| Collective | US$50m | Funding round | Joined | Jul 2023 |
| Finch | US$40m | Series B | Joined | Feb 2023 |
| April | US$38m | Series B | Led | Jul 2025 |
| Cobre | US$35m | Series B | Joined | Sep 2024 |
| April | US$30m | Series A | Joined | Jun 2022 |
| Remofirst | US$25m | Series A | Joined | Mar 2024 |
| Payhawk | US$20m | Series A | Led | Apr 2021 |
| Collective | US$20m | Series A | Joined | May 2021 |
| BHub | US$20m | Series A | Joined | Dec 2021 |
| Remofirst | US$14.1m | Seed round | Led | Sep 2022 |
| Cobre | US$13m | Funding round | Joined | Oct 2023 |
| Proper | US$9m | Series A | Led | Jul 2021 |
| Collective | US$8.65m | Seed round | Led | Sep 2020 |
| Donnerstag.ai | €4.3m | Seed round | Joined | Nov 2025 |
| Astrada | US$3.8m | Seed round | Led | May 2026 |
| Worky | US$3m | Seed round | Led | Jul 2020 |
How it’s compiled
- Every funding round announced
- Rounds led or joined by the firm
- Rounds as announced, totals in US$
Get the funding report and the Investor Index on the 1st of each month, with the accounting technology briefing for finance professionals.
