When was Wright Express founded?

Wright Express was founded in 1983 and raised its 1st funding round 21 years after it was founded.

Where is Wright Express located?

Wright Express is headquartered in Portland, United States. It is registered at Fargo, North Dakota.

Who is the current CEO of Wright Express?

Melissa D Smith of Wright Express. They are also an angel investors in 1 startup.

How many employees does Wright Express have?

As of Sep 30, 2026, the latest employee count at Wright Express is 5435.

Is Wright Express a funded company?

Wright Express is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on 2004.

When was the latest funding round of Wright Express?

Wright Express' latest funding was a $***** Grant (prize money) round on May 13, 2025, with participation from 1 investor.

What is the annual revenue of Wright Express?

Annual revenue of Wright Express is more than $1B as on Dec 31, 2025

Where does Wright Express rank among its competitors?

Wright Express ranks 5th amongst 1245 active competitors, of which 97 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Wright Express, which secured an undisclosed amount in May, 2025.

Who are the top competitors of Wright Express?

Wright Express' top competitors include Samsara, Motive and Radius. Among them, Wright Express secured the most recent funding round in May, 2025.

Wright Express - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of fleet management, employee benefits, and business payment solutions. The company offers fuel cards, fleet tracking, and payment management. It also provides benefits administration, accounts, and related professional services. Additionally, the company facilitates accounts payable, supplier enablement, and payment processing.

Website: www.wexinc.com/
Social
Phone Number: +1 **********
Registered Address: Fargo, North Dakota

Key Metrics

Founded Year

1983

Location

Portland, United States

Stage

Public

Latest Funding Round

Grant (prize money), May 13, 2025, $*****

Investors

Warburg Pincus & 6 more

Ranked

5^th among 1245 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

5,435 as on Sep 30, 2026

Investment & Acquisitions

Pie & 23 more

Similar Companies

Pleo & 1696 more

Exit Details

Public

View Wright Express' full profile

Wright Express is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WEX Europe Services B.V. CIN: 0797.427.595 , Belgium, Active	Jan 01, 2023	-	-	-
WEX EUROPE SERVICES B.V. CIN: 930754668 , Norway, Active	Feb 09, 2014	-	-
WEX INC. CIN: 1309108 , United States, Active	Mar 16, 2023	$1B+ (As on Dec 31, 2025)	6100 (As on Dec 31, 2022)	-
WEX FINTECH INDIA PRIVATE LIMITED CIN: U72200TN2022PTC152703 , India, Active	May 30, 2022	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
DISCOVERY BENEFITS, INC. CIN: 900058554 , United States, Active	Dec 26, 999	-	851 (As on Dec 31, 2018)	-

Wright Express got listed on Feb 15, 2005.

Click here to take a look at Wright Express's IPO in detail

Wright Express has raised funding over 5 rounds. Its first funding round was on 2004. Its latest funding round was a Grant (prize money) round on May 13, 2025 for $*****. 1 investor participated in its latest round. Wright Express has 7 institutional investors.

Here is the list of recent funding rounds of Wright Express:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 13, 2025	9285970	Grant (prize money)	5380838	1147201	1228132	9395548
Jun 29, 2020	3084804	Post IPO	2646777	4614465	2382698	4738067
Feb 11, 2019	5409006	Conventional Debt	6003924	6348886	9026762	8922121

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View details of Wright Express's funding rounds and investors

Wright Express' employee count trend

Wright Express has 5,435 employees as of Sep 26. Here is Wright Express's employee count trend over the years:

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Top competitors of Wright Express include Samsara, Motive and Radius. Here is the list of Top 10 competitors of Wright Express, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Samsara 2015, San Francisco (United States), Public	Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners	$915M	Andreessen Horowitz, General Catalyst & 13 others	86/100
2nd	Motive 2013, San Francisco (United States), Series F	Developer of fleet management software and hardware for vehicle tracking	$567M	Greenoaks, G2 Venture Partners & 28 others	77/100
3rd	Radius 1990, Crewe (United Kingdom), Acquired	Predictive marketing and sales platform	$333M	BBVA Ventures, Founders Fund & 18 others	74/100
4th	Alight 2015, Lincolnshire (United States), Public	Provider of technology-enabled solutions for health, wealth, and human capital	$10.5M	Caterpillar, ADIA & 3 others	74/100
5th	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	Warburg Pincus, NewStar Financial & 5 others	74/100
6th	Businessolver 1998, West Des Moines (United States), Late Stage	Cloud-based employee benefits administration solution	$65.2M	JMI Management, Warburg Pincus & 4 others	73/100
7th	Uptake 2014, Chicago (United States), Series D	Cloud-based platform for predictive analytics and asset performance management	$282M	Baillie Gifford, Revolution & 13 others	71/100
8th	Nauto 2015, Palo Alto (United States), Series C	AI-powered fleet safety software using dual-facing cameras and predictive analytics	$215M	SoftBank Group, Allianz X & 17 others	71/100
9th	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	70/100
10th	Zenefits 2013, Tempe (United States), Acquired	Cloud-based platform for HR and payroll management solutions	$598M	Andreessen Horowitz, Fidelity Investments ... & 50 others	70/100

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Wright Express has made 7 investments in companies including Pie and Handle. Wright Express has also acquired 17 companies including Payzer and Benefit Express.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 15, 2026	Investments	Pie		New York (United States)
May 25, 2026	Investments	Handle	2018	San Francisco (United States)
Sep 10, 2025	Investments	Standard Fleet	2021	Walnut (United States)