Wex

company

About

Wex is a financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$90M
Industries
Financial Services,FinTech,Payments,Software
Founded date
Jan 1, 1983
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
nyse:WEX
Legal Name
WEX Inc

WEX gives you precise financial and information management solutions to help your company strengthen its balance sheet and achieve unparalleled control and security.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$1.12B
Wex has raised a total of $1.12B in funding over 2 rounds. Their latest funding was raised on Jun 30, 2020 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 30, 2020 Post-IPO Equity $90M 1 Warburg Pincus Detail
Jun 30, 2020 Post-IPO Debt $310M 1 Warburg Pincus Detail
Feb 16, 2005 IPO $720M Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Wex is funded by 1 investors. Warburg Pincus are the most recent investors.
Investor Name Lead Investor Funding Round
Warburg Pincus Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
14
Wex has 14 current employee profiles, including Employee Anthony Hynes
Employee
Executive
Executive
Board member
Executive

Acquisition

Wex has acquired 10 organizations. Their most recent acquisition was CorporatePay on May 11, 2012. They acquired CorporatePay for 0.

Date Company Name
Industry Acquisition Type Price
May 11, 2012 CorporatePay
Financial Services Detail
Oct 8, 2012 Fleet One
Business Intelligence acquisition $ 369M Detail
Jun 16, 2014 WEX Health
Electronics acquisition Detail
Oct 15, 2015 Benaissance
SaaS acquisition $ 80M Detail
Financial Services acquisition Detail