Loading organizations...
Key people at WEX Venture Capital.
WEX Venture Capital operates as the strategic investment arm of WEX, deploying capital into early-stage companies. The firm focuses on innovative technologies and business models within electric mobility, fleet electrification, EV charging solutions, and broader energy sectors, aligning with WEX's expertise in payments and financial technology to expand its markets.
WEX established its venture arm to actively engage the startup ecosystem, driven by the insight that strategic investments accelerate innovation and uncover future growth. This corporate initiative provides financial backing alongside operational expertise and data integration, leveraging WEX’s scale to support portfolio companies.
The firm partners with founders developing solutions in mobility and fintech, prioritizing ventures capable of creating OEM-agnostic offerings. WEX Venture Capital’s vision is to foster technological advancements within these dynamic industries, positioning WEX for sustained market leadership and innovation.
Key people at WEX Venture Capital.
WEX Venture Capital has 3 tracked investments across 3 companies. The latest tracked deal is $13.0M Series A in Standard Fleet in September 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2025 | Standard Fleet | $13.0M Series A | Nova Threshold | 8VC, C2 Investment, Canvas Ventures, Innovation Endeavors, Paradigm, Thrive Capital, Uncorrelated Ventures, Y Combinator, Elad GIL, John Collison, Patrick Collison, Apoorv Bhargava, Danny WEN, David Klein, Garry TAN, Salil Deshpande, Burst Capital, Liquid 2 Ventures, Night Capital, Olive Capital, SNR, UP2398, WEX Venture Capital |
| Jul 3, 2025 | HIVED | $42.0M Series B | Tomosaku Sohara | Elemental Impact, Future Back Ventures, Marunouchi Innovation Partners, Planet A Ventures, Rocketship.vc, Yamato Holdings |
| Jul 1, 2023 | Ev.energy | $33.0M Series B | National Grid Partners | ArcTern Ventures, Energy Impact Partners, Future Energy Ventures, Heartcore Capital, World Fund, Aviva Ventures, Mike Smeed |