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Investing in the data, workflow, and fintech layers of the physical economy

WEX VC backs startups transforming how physical industry businesses operate and transact,
bringing capital, technology, and customer relationships to help them win.

$0B

Annual transaction volume

0+

B2B Customers

0M+

Fleet vehicles

Series0 A & B

Investment Stage

Where we invest

We focus focus on physical economy applications.

Data

From connected assets and translation of analog to digital.

Workflows

Vertical AI built around a proprietary data advantage.

Fintech

Embedded commerce and infrastructure creating defensible economics.

WHY WEX VC

Working with WEX Venture Capital

The advantages of having 40 years of experience, $250B in B2B Payments,
and a network of 20 million vehicles on your cap table.

Go-to-Market

Enterprise Distribution

WEX has industry leading distribution, we bring 300 salespeople, 600,000 customers, and 500 distribution partners to the table, creating real access to enterprise buyers across fleet, mobility, and travel.

Market Intelligence

Proprietary Data & Context

Forty years of payments and mobility data gives WEX a level of market context that takes generations to build. We understand how enterprises spend, move, and operate at a depth that benefits every company we back.

Infrastructure Access

Payments Infrastructure

WEX operates across the full payments stack: card programs, BINs, settlement, multi-currency flows, and enterprise money movement. For founders building in payments, finding an investor with that kind of firsthand experience is rare.

Platform Alignment

Integration Support

When the product fit is right, WEX works to create real integration pathways between portfolio companies and its platform. It’s the difference between a name on the cap table and a partner who actually shows up.

THE TEAM

The team here to help you win

David Klein

Founder & Head of WEX VC

Kate Murphy

Strategy

Lee Carter

Investor

Vanessa Trinh Keeling

Investor

Vlad Korshin

Investor

If you’re building the future of the data, workflows, and fintech of the physical economy, we’d like to meet you.