
Verizon Ventures
Basking Ridge, New Jersey, United StatesFounded 2000
Verizon Ventures is the corporate venture capital arm of Verizon Communications, investing in early-stage technology companies across 5G, IoT, AI/ML, cybersecurity, and consumer sectors. It links entrepreneurs to the larger Verizon ecosystem, sharing engineering knowledge, market insights, and customer relationships to build future technologies. In September 2024, Verizon Ventures halted new investments and is now managing its existing portfolio.
Average disclosed round size is $26.0M (across 50 rounds with reported amounts).
Portfolio
48
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
MD
Mark DeFoyd
Executive Director
CG
Corey Gutshall
Corporate Development and Venture Investing
DM
Dave Monroe
President
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
55 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | $15.9M | Dec 2023 | |
| Series D | $102M | Aug 2023 | |
| Series A | $10.5M | Jul 2023 | |
| Series A | $20M | Jan 2023 | |
| Series B | $34M | Jan 2023 | |
| Series D | $102M | Jan 2023 | |
| Series D | $100M | May 2022 | |
| Series B | $65M | Mar 2022 | |
| Series A | $30M | Jan 2022 | |
| Series B | $30.7M | Sep 2021 | |
| Unknown | $16.3M | Jun 2021 | |
| SSAM Seamless Network | Series B | $20M | May 2021 |
| Series A | $14M | Feb 2021 | |
| Series A | $9.5M | Feb 2021 | |
| Series A | $1.5M | Feb 2021 | |
| Series B | $13M | Dec 2020 | |
| CCellwize Wireless Technologies Pte. Ltd. | Series B | $32M | Nov 2020 |
| Series B | $32M | Nov 2020 | |
| Series C | $80M | Oct 2020 | |
| Seed | $5M | Jul 2020 | |
| Series C | $30M | Oct 2019 | |
| Series A | $28M | Aug 2019 | |
| Series F | $25M | Jun 2018 | |
| Series B | $56.5M | Dec 2017 | |
| Series C | $15M | May 2017 |
Page 1 of 3
Top Co-Investors
Intel Capital6 shared
New Enterprise Associates5 shared
Vanedge Capital4 shared
True Ventures4 shared
Qualcomm Ventures4 shared
GV3 shared
NVentures3 shared
Lightspeed Venture Partners3 shared
Silicon Valley Bank3 shared
Horizons Ventures3 shared
Samsung Next3 shared
Techstars3 shared
In-Q-Tel2 shared
Khosla Ventures2 shared
Cisco Investments2 shared
Bessemer Venture Partners2 shared
CE Ventures2 shared
Lerer Hippeau2 shared
Y Combinator2 shared
Hearst Ventures2 shared
Last updated: 7 September 2026