Corporate VC

Verizon Ventures

Investment Details

Investor Type
Corporate VC

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage, Growth

Geographical Focus
United States

Industries Focus

  • Technology
  • Telecommunications
  • Media
  • Software
  • E-commerce
  • Artificial Intelligence
  • Cybersecurity
  • Machine Learning
  • Cloud Computing
  • Internet of Things
  • Consumer Electronics
  • Hardware
  • 5G
  • Virtual Reality
  • Augmented Reality

Investment Size:
1,000,000 to 50,000,000 USD

Investor Details Founded: 1990

Verizon Ventures is the corporate venture capital arm of Verizon Communications, established to invest in entrepreneurial companies that drive innovation in Verizon's consumer, business, network, and media sectors. The firm focuses on early-stage technologies that are three to five years from implementation, aiming to complement Verizon's networks, service platforms, and distribution channels. Verizon Ventures has invested in over 100 companies across various industries, technologies, and market segments, including notable investments in FanDuel and AdTheorant. The firm offers support to its portfolio companies with technology and product development, market planning, sales, and access to Verizon's networks and platforms. In September 2024, Verizon Ventures halted new investments and shifted its focus to managing its existing portfolio. The team now consists of three managers overseeing the current investments. Despite this change, Verizon Ventures continues to maintain its presence and support its portfolio companies through its established resources and networks.

Verizon Ventures is headquartered at 1 Verizon Way, Basking Ridge, NJ 07920. For inquiries, they can be contacted via email at ventures@verizon.com. The firm's official website provides additional information about their investment focus, portfolio, and contact details.

Please note that while Verizon Ventures has paused new investments, it remains an active entity managing its existing portfolio and supporting its companies through Verizon's extensive resources and networks.

Requirements
  • Innovative technology solutions
  • Alignment with Verizon's strategic goals
  • Scalable business models
  • Strong management teams
  • Potential for significant market impact
Contact

[Official Website Hidden]

[LinkedIn Profile Hidden]

[HQ Location Hidden]

[Email Hidden]

Portfolio Companies
  • FanDuel
  • AdTheorant
  • PICadvanced
  • AiFi Inc.
  • Origin AI
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