Polyoxometalates (H3PMo12O40, H3PW12O40, H4PMo11VO40) supported on oxygen- and alkyl-functionalized graphene sheets were investigated. Discrete molecular species were directly observed by electron microscopy at loadings below 20 wt.%. The interaction between the polyoxometalates and the graphene surface was found to significantly impact their vibrational spectra and a linear correlation between the frequency of the M-O-c-M vibration and the dispersion was evidenced by FTIR While bulk-like electronic properties were observed for small aggregates (2-5 nm), UV-vis spectroscopy and cyclic voltammetry revealed changes in the electronic structure of isolated molecular species as a result of their interaction with graphene. Because of the ability to disperse alkyl-functionalized graphene in a variety of polar and nonpolar solvents, the materials synthesized in this work provide an opportunity to disperse polyoxometalates in media in which they would not dissolve if unsupported.