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WEX

Venture Capital

Corporate venture arm of WEX Inc. investing in early-stage electric fleet mobility, EV charging, and energy management startups.

Portland, United States · 8+ investments · 8 portfolio companies

Seed
Early Stage
Growth
Clean Tech
EV charging
Electric Vehicles
Energy Management
fleet electrification
Clean Energy
Sustainability
Transportation
Headquarters
Portland, United States
Founded
2023
Website
vc.wexinc.com
AUM
$100.0M
Portfolio Companies
8
Total Investments
8
Last Investment
Jan 2026
Geographic Focus
Europe, North America, United States

Investment Thesis

Focuses on leading the commercial EV transition, backing startups in electric fleet mobility and energy sustainability that align with WEX's core payments and fleet business.

WEX is a Venture Capital firm based in Portland, United States. It has made 8 investments, including Volteras, Scubic and Synop. Focus areas include Clean Tech and EV charging.

Fund Family

WEX Venture Capital

Corporate VC · 1 investments

Portfolio8

Co-investors24

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24 co-investors across 25 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×22 · Corporate VC ×2 · 23 shared rounds

Investment History

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