Investing in the future of electric fleet mobility
WEX Venture Capital invests in early-stage companies focused on electric mobility, including fleet electrification, EV charging solutions, and energy management.
WEX is a market leader in fleet mobility
Already a trusted advisor to fleet mobility customers, including more than 19+ million vehicles serviced globally as of Q1 2024, WEX Venture Capital is focused on leading the commercial EV transition, and helping WEX customers move toward a mixed fleet future.
WEX is committed to a smarter renewable future
WEX helps its customers:
- Decide which vehicles to electrify and when
- Manage EV and mixed fleets
- Evolve the fueling and charging ecosystem
Featured investments
“The investment from WEX Venture Capital is a major step towards our goal to be the number one design partner for electrifying fleets. With WEX’s network and fleet software expertise, Chargetrip will be able to access new customers, benefit from WEX leadership’s knowledge, and grow its North American presence.”
— Gideon van Dijk, CEO and Co-Founder
"WEX Venture Capital is a great partner for ev.energy, giving us access to millions of fleet vehicles across the US and Europe. I'm excited about working with WEX to help fleet managers save thousands and reduce carbon emissions through the vehicle-grid integration of fleet EVs."
— Nick Woolley, CEO and Co-Founder
"We're honored to be a part of the WEX Venture Capital portfolio at this pivotal moment in the EV charging market. This partnership marries WEX's fleet mobility and payments expertise with our innovative charging software to accelerate electric fleet adoption. With WEX Venture Capital’s support, we'll empower fleets to electrify more efficiently and optimize their charging infrastructure."
— Tom Sun, CEO and Co-Founder
Why partner with WEX
- Access to our community of customers and partners
- WEX’s expertise in fleet mobility and payments
- Capital investment
Why now is the time to engage in the energy transition
Facing climate change and fluctuating oil prices, WEX has engaged in the transition toward sustainable energy. A March 2023 Intergovernmental Panel on Climate Change report counsels that it is still possible to hold global warming to relatively safe levels, but accomplishing this will require:
Significant capital investment
Public-private partnerships
Meaningful changes to lifestyles and workplaces
Meet the team
Carlos Carriedo
Chief Operating Officer, International, WEX
Jay Dearborn
Chief Strategy Officer, WEX
