Verizon

Verizon

Signal active

Investment Firm

Overview

Verizon Communications is a broadband and telecommunications company that operates 4G LTE and 3G networks as well as provides information and entertainment services.

The company serves mass market, business, government, and wholesale customers by delivering broadband and other wireline and wireless communication innovations. Verizon Communications Wireless operates America’s largest wireless network that serves nearly 102 million customers nationwide. Its wireline operations include Verizon Business and Verizon Telecom.

Founded in 1983, Verizon Communications is headquartered in New York.

Highlights

Founded

1983

Industry

Information Technology

Employees

10001+

Investment

19

Lead Investment

12

Exits

3

Stages

Late Stage Venture, Seed

Investor Type

N/A

Location

New York, New York, United States, North America

Contact Information

Social

Profile Resume

Verizon, established in 1983 and headquartered in New York, New York, United States, North America., specializes in Late Stage Venture, Seed investments across Information Technology, Mobile, SaaS, Messaging, Mobile Apps, A/B Testing, Enterprise Software, Financial Services, Venture Capital, Finance. The organization boasts a portfolio of 19 investments, with an average round size of $9.4M and 3 successful exits. Their recent investments include Airship, True Ventures, Foundry Group, Intel Capital, Salesforce Ventures. The highest investment round they participated in was $5.1B. Among their most notable exits are Airship and True Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Dick Lynch

Dick Lynch

EVP / CTO

imagePlace Sam Bastia

Sam Bastia

Vice President/Executive Director, Strategy

imagePlace Hans Vestberg

Hans Vestberg

Chairman & CEO

imagePlace Martha Keeth

Martha Keeth

Board of Directors

imagePlace Desiree Flynn

Desiree Flynn

Vice President, Global Advanced Solutions

imagePlace Shankar Arumugavelu

Shankar Arumugavelu

Senior Vice President and Global CIO

Investment portfolio

Verizon has made 19 investments. Their most recent investment was on Dec 12, 2023, when Minnesota High Tech Association raised $100.0K.

Verizon has made 4 diversity investments. Their most recent diversity investment was on Apr 01, 2024, when Kipp DC Public Schools raised $50.0K.

investments

19

Diversity investments

4

Lead investments

12

Number of exits

3

Investments

19

Annouced DateOrganization NameIndustryMoney Raised
Nov 08, 2023
Greater Philadelphia Hispanic Chamber of Commerce Greater Philadelphia Hispanic Chamber of Commerce
Non Profitnull
Dec 05, 2023
TechSTL TechSTL
Information Technology100.0K
Dec 12, 2023
Minnesota High Tech Association Minnesota High Tech Association
Information Technology100.0K
Apr 01, 2024
Kipp DC Public Schools Kipp DC Public Schools
Education50.0K

Exits

3

Funding Timeline

Funding rounds

19

Investors

4

Funds

0

Funding Rounds

19

Verizon has raised 19 rounds. Their latest funding was raised on Apr 01, 2024 from a Grant - Kipp DC Public Schools round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Nov 08, 2023
Grant - Greater Philadelphia Hispanic Chamber of Commerce Grant - Greater Philadelphia Hispanic Chamber of Commerce
-0-
Dec 05, 2023
Grant - TechSTL Grant - TechSTL
-100.0K-
Dec 12, 2023
Grant - Minnesota High Tech Association Grant - Minnesota High Tech Association
-100.0K-
Apr 01, 2024
Grant - Kipp DC Public Schools Grant - Kipp DC Public Schools
-50.0K-

Investors

10

Verizon is funded by 10 investor(s). U.S. Department of Defense and Connect Maryland Kantor are the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
-No
Post-IPO Equity - Verizon
21271.9M
-No
Grant - Verizon
11.8M
Connect Maryland Connect Maryland
Yes
Grant - Verizon
78.0K
U.S. Department of Defense U.S. Department of Defense
Yes
Grant - Verizon
11.5M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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