Press Kits
Verizon Ventures Press Kit
About Verizon Ventures
Verizon Ventures seeks and invests in promising entrepreneurial companies to drive innovation in Verizon Communications. Verizon Ventures’ portfolio focuses on new products, technologies, applications and services that complement Verizon networks, service platforms and distribution channels. Deal size ranges from seed capital to $5 million depending on the needs and opportunities. Verizon Ventures often co-invests with other venture firms and strategic partners. It undertakes an in-depth due diligence process and typically requires board observer rights.
Investment Criteria
The goal is to find interesting and promising opportunities to grow great entrepreneurial businesses by looking for:
- Disruptive technologies or business models
- Great new ideas
- Potential to capture significant share in a large addressable market
- Talented and experienced entrepreneurs
Relationship with Verizon
Verizon Ventures works with its portfolio companies to engage with Verizon’s internal resources to foster technology and product development as well as market planning and sales support. Among the key Verizon initiatives and strategies supported by this investment activity are:
Investments
Since 1990 Verizon Ventures has invested in more than two dozen companies covering a range of industries, technologies and market segments. Among these companies are:
Bios
- Daniel Keoppel, executive director
- Mark Smith, executive director
- Michelle Russey McCarthy, director
- Jeff Black, director
