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Product launch reflects WEX Venture Capital’s strategy of turning startup innovation into customer solutions
WEX® today announced that eligible fleet customers can now access the Standard Fleet connected vehicle platform. With the launch, Standard Fleet’s modern fleet management experience is available to WEX customers, including capabilities such as digital keys, remote vehicle access, and deviceless vehicle tracking. Announced at the WEX Venture Capital Summit in Portland, Maine, the offering is a commercial solution that emerged from a previous WEX Venture Capital investment.
As fleets transition to increasingly connected vehicles, operators are looking for simpler ways to manage vehicle data and services across mixed fleets. Standard Fleet’s platform links directly with supported vehicle manufacturers, allowing eligible WEX customers to activate vehicle data and services without traditional aftermarket telematics installations.
“Making Standard Fleet available through WEX gives customers a faster, simpler way to connect supported vehicles and begin using features like vehicle data and remote access,” said Carlos Carriedo, chief operating officer, Americas Payments and Mobility at WEX. “It also demonstrates how WEX Venture Capital helps us identify emerging technologies and bring them to market faster, creating new opportunities to deliver offerings to customers that help build greater efficiencies to grow and scale their business.”
The Standard Fleet platform is available across more than 30 supported vehicle brands and can activate compatible vehicles quickly, with no installation appointments, vehicle downtime, or external devices required.
“We’re excited to bring device-free telematics to WEX fleet customers,” said David Hodge, founder and CEO of Standard Fleet. “Together, we’re helping fleets unlock the value of connected vehicle data often without the time, expense, or operational burden of installing aftermarket hardware.”
Since launching in 2023, WEX Venture Capital has invested in more than 15 companies and funds developing technologies across fleet operations, mobility, fintech, and workflow automation. WEX participated in Standard Fleet’s Series A funding round in 2025, recognizing early the company’s vision for software-defined fleet management. Today’s Standard Fleet launch demonstrates how WEX Venture Capital helps translate strategic investments into customer-ready solutions that strengthen the WEX mobility platform.
“WEX Venture Capital invests in companies that can solve meaningful challenges for our customers across the data, workflow, and fintech layers of the physical economy,” said David Klein, Head of WEX Venture Capital. “Our goal isn’t just to invest in promising startups. It’s also to bring their innovations to WEX customers across the physical economy. Standard Fleet is an example of that strategy in action.”
For more information about WEX Fleet solutions, visit wexinc.com or contact your WEX representative. For more information about Standard Fleet offerings, visit standardfleet.com.
WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility, and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.
Standard Fleet is a fleet management platform built for the connected vehicle era. By connecting directly to supported vehicle manufacturers through a universal API, Standard Fleet enables hardware-free telematics, digital key capabilities, and fleet management across mixed vehicle fleets. The platform helps fleet operators reduce complexity while gaining real-time visibility and control across connected vehicles.
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Subscribe to our Inside WEX blog and follow us on social media for the insider view on everything WEX, from payments innovation to what it means to be a WEXer.