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WEX
NYSE: WEXalso invests · investor profileSouth Portland, US · Delaware corporation · 3 known investors
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WEX provides business payment solutions, including corporate payments, mobility/fleet payments, and employee benefits offerings. It serves businesses globally across payments and mobility sectors.
Founders & leadership
JY
Jeff YoungExecutiveJeff Young held executive roles at Great Plains Software (including VP of sales, marketing, and services), was VP of business applications at Microsoft, served as CEO of Stack Sports for six years, and founded Evolution1, a healthcare technology company acquired by WEX in 2014. He holds a degree from the University of Jamestown.
RS
Roberto SimonExecutiveHe brings experience in finance, supply chain management, ERP systems implementation, and cross-functional operations across multiple countries and business units, with background in private equity and consumer goods sectors.
MS
Melissa SmithCEO and President
CC
Carlos CarriedoChief Operating Officer, Americas Payments & MobilityCarlos Carriedo led the International business at WEX and previously headed the European B2B division at American Express, where he managed operations across multiple countries in Europe, the US, Latin America, and Canada.
JD
Jay DearbornChief Operating Officer, InternationalHe joined WEX in 2016 after serving as a principal at McKinsey & Company advising organizations on strategy and operational improvements, and previously held roles in corporate strategy and merchant marketing at American Express. He holds an MBA and bachelor's degree from the Wharton School of the University of Pennsylvania, and a master's degree in law and diplomacy from Tufts University's Fletcher School.
RD
Robert DeshaiesChief Operating Officer, BenefitsRobert Deshaies is Chief Operating Officer of Benefits at WEX, Inc., bringing over 30 years of executive experience across global P&L management, corporate development, product management, and operations across cloud and mobility sectors.
SD
Sachin DhawanChief Technology OfficerChief Technology Officer at WEX, Inc., Sachin Dhawan previously held technology leadership roles at Visa (infrastructure and operations), StitchFix (consumer personalization products), PayPal (digital wallet and commerce), Blackhawk Network (payments platform), and Microsoft (search advertising and personalization systems). He has expertise in building large-scale distributed systems, payments infrastructure, machine learning, and cloud platforms.
AD
Ann DrewChief Risk & Compliance OfficerAnn Drew leads risk and compliance at WEX, a publicly traded financial services and payments company, bringing expertise in regulatory strategy, financial crime prevention, and enterprise risk management from her career in global financial services.
SK
Sandy KuohnChief People OfficerShe has led HR strategy and M&A integration efforts across multiple organizations, including significant roles building scalable HR teams during periods of rapid company growth and managing talent acquisition, compensation, and organizational transformation initiatives.
KS
Karen StroupChief Digital OfficerKaren Stroup is Chief Digital Officer at WEX, leading product management, digital go-to-market, design, and data analytics. She previously held Chief Digital Officer and senior product leadership roles at Thomson Reuters, Capital One Financial Services, and Intuit, with an MBA from Tuck School of Business at Dartmouth.
Investors · 3
Reported raises · per SEC filings
Form D private placements$355M disclosed across 1 round · 2016
▶$355MraisedJul 2016 · 1 investors · Other Banking and Financial ServicesRule 506(b)
▶$355MraisedJul 2016 · 1 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Jeff YoungExecutive Officer
- George L. McTavishDirector
- Ronald T. MaheuDirector
- Eric DupratDirector
- Stephen CrowleyExecutive Officer
- Regina O. SommerDirector
- Melissa D. SmithExecutive Officer, Director
- Kirk P. PondDirector
- Michael D. DubyakDirector
- Shikhar GhoshDirector
- Roberto SimonExecutive Officer
- Rowland MoriartyDirector
- George W. HoganExecutive Officer
- Kenneth W. JanosickExecutive Officer
- Hilary A. RapkinExecutive Officer
- Nicola MorrisExecutive Officer
- Jim PrattExecutive Officer
- Jack Van WoerkomDirector
- Offering amount
- $355M
- Amount sold
- $355M
- First sale
- Jul 2016
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
5 people who came through WEX went on to found or lead other companies.
Related companies · 5
Lively, Inc.Lively provides AI-powered customer service and support for the benefits administration industry, combining intelligent technology with human representatives to resolve employee and customer inquiries. The platform serves benefits administrators and employees seeking faster, more personalized service for health and financial benefits management.
IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
SmartAssetFisher Investments is a global money management and financial advisory firm that provides portfolio management, financial planning, and retirement planning services primarily to high-net-worth individuals and institutional clients. The firm manages investments across equities, fixed income, and blended accounts using an active, forward-looking investment approach.
WageworksLeader in administering Consumer-Directed Benefits (CDBs) trading on NYSE under WAGE
ADPADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.
Companies working in the same space as WEX.
Frequently asked questions
- What does WEX do?
- WEX provides business payment solutions, including corporate payments, mobility/fleet payments, and employee benefits offerings. It serves businesses globally across payments and mobility sectors.
- Who are WEX's investors?
- WEX's investors include Advection Growth Capital, Genstar, North Atlantic Capital.
- How much funding has WEX raised?
- WEX has disclosed $355M raised across 1 round.
- Where is WEX headquartered?
- WEX is headquartered in South Portland, US.