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    Wex

    Portland, Maine, United StatesFounded 1983

    Wex Venture Capital primarily invests in early-stage companies focused on electric mobility, including fleet electrification, EV charging solutions, and energy management. Their strategy aims for both financial returns and strategic alignment, supporting the critical infrastructure for widespread commercial EV adoption and creating value for WEX's global fleet customers.

    67% of their portfolio is in Climate & Energy. They made 2 investments in the last 12 months. Their most common stage is series-b (67% of deals). Average disclosed round size is $26.6M (across 3 rounds with reported amounts).

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    Portfolio

    3

    Fund Size

    $100M

    Top Stage

    Series B

    Last 12 Mo

    2

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    3 investments
    CompanyRoundAmountDate
    HHivedSeries B$35.6MJul 2025
    Volteras logoVolterasSeries A$11.1MMay 2025
    ev.energy logoev.energySeries B$33MJul 2023

    Top Co-Investors

    NordicNinja1 shared
    Marunouchi Innovation Partners1 shared
    Elemental Impact1 shared
    Planet A1 shared
    National Grid Partners1 shared
    Aviva1 shared
    Future Energy Ventures1 shared
    ArcTern Ventures1 shared
    Edenred1 shared

    Last updated: 16 April 2026