WEX Venture Capital
Profile, fund size and portfolio
WEX Venture Capital is the corporate venture arm of WEX, a financial services company. It was founded in 2023 and is based in Portland, United States. It invests from Series A to Series B. Sectors it names: mobility and automotive, fintech, climate and energy.
- Commitment by parentS3
- USD 100M
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Series A to Series B |
| Sectors | Mobility and automotive, Fintech, Climate and energy |
| Geography | North America, Europe |
| Offices | Portland, United States |
Sources: S1 WEX Venture Capital: home, team and portfolio.
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 100M | Commitment by parent | Stated by the firm or its parent | S3 |
| Companies on the firm's portfolio page | 13 | companies | Counted from the firm's own list | S1 |
Sources: S3 WEX press release: WEX Venture Capital seeks to invest up to $100M (2023-07-31); S1 WEX Venture Capital: home, team and portfolio.
Where it invests and who leads it
LeadersS1S2
- David KleinFounder & Head of WEX VCFind on LinkedInFirm page
- Kate MurphyStrategyFind on LinkedInFirm page
- Lee CarterInvestorFind on LinkedInFirm page
- Vanessa Trinh KeelingInvestorFind on LinkedInFirm page
- Vlad KorshinInvestor, WEX VCFind on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | WEX (NYSE: WEX) | Single source | S3 |
| Parent industry | Banking and financial services | Single source | S3 |
| Founded | 2023 | Single source | S3 |
| Headquarters | Portland, United States | Single source | S3 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S3 |
| Headline size | USD 100M (Commitment by parent) | Single source | S3 |
| People on the team page | 4 | Single source | S1 |
| Stages | Series A, Series B | Single source | S1 |
Recent rounds
Fund vehicles
| Vehicle | Size | Year | Source |
|---|---|---|---|
| WEX Venture Capital | USD 100M | 2023 | S3 |
Portfolio
The firm's portfolio page lists 13 companies.S1
Every company on the WEX Venture Capital list
13 companies, as listed on the firm's own website: 11 active, 2 listed.S1 Read the firm's list.
Active 11
- AmpUp
- Chargetrip
- Energize Capital
- ev.energy
- Gravity Climate
- Hived
- Leap
- Maniv
- Standard Fleet
- Synop
- Volteras
Listed 2
- Handle
- Pie
History
- WEX announced WEX Venture Capital with a USD 100M authorisation and first investments in Chargetrip and ev.energyS3
About WEX
Official pages
Read the firm's own pages for current information.
Sources
- S1WEX Venture Capital: home, team and portfolioFirm
- S2WEX Venture Capital: vc.wexinc.com siteFirm
- S3WEX press release: WEX Venture Capital seeks to invest up to $100M (2023-07-31)Parent company
- S4Volteras Series A press release (2025-05-29)Press
- S5SEC EDGAR: WEX filer record (business address Portland, Maine)Filing
- S6Reuters: Ansa, WEX back carbon accounting firm Gravity in funding roundPress
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by WEX Venture Capital or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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