CVC  WEX Venture Capital

https://vc.wexinc.com/





     Office Locations:

1 Hancock Street
Portland, ME 04101

Phone: 207-773-8171

 

Stages:

  • Early


 

Industries:

  • Energy & Clean Tech
  • Transportation & Distribution

  •  

    Description:

    WEX Venture Capital invests in early-stage companies focused on electric mobility, including fleet electrification, EV charging solutions, and energy management. WEX Venture Capital is the corporate venture division of WEX (NYSE: WEX), a global commerce platform. Already a trusted advisor to fleet mobility customers, including more than 18 million vehicles serviced globally as of Q2 2023, WEX Venture Capital is focused on leading the commercial EV transition, and helping WEX customers move toward a mixed fleet future.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Carlos Carriedo COO
    David Klein Head of WEX Venture Capital
    Jay Dearborn Chief Strategy Officer

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      09/26/2024


      AmpUp


      CA


      $15,000,000


      Series A


     

    Portfolio companies include:


      AmpUp
        web link


      Chargetrip


      ev.energy
        web link


     

    Recent News: