Verizon Connect - About the company
Verizon Connect is a funded company based in United States, founded in 2006. It operates as a Provider of fleet management software and solutions for business optimization. Verizon Connect has raised an undisclosed amount in funding, with a current valuation of £*****. The company has 2967 active competitors, including 155 funded and 172 that have exited. Its top competitors include companies like Samsara, GoMotive and Radius.
Company Details
Provider of fleet management software and solutions for business optimization. The company offers tools for GPS tracking, asset monitoring, compliance, and electric vehicle management. It provides features such as dashboards, reports, and alerts for real-time visibility. The software aims to reduce expenses, boost safety, enhance productivity, and improve customer service.
- Website
- www.verizonconnect.com/
- Social
Key Metrics
Founded Year
2006
Location
Stage
Funding Raised
Latest Funding Round
Post Money Valuation
£***** as on Nov 02, 2021
Investors
Ranked
41st among 2967 active competitors
Employee Count
2,008 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Verizon Connect
Verizon Connect is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERIZON CONNECT UK LIMITED CIN: 5265904 , Germany, Active | Oct 20, 2004 | - | 107 (As on Dec 31, 2020) |
Sign up to download Verizon Connect's company profile
Verizon Connect's funding and investors
Verizon Connect has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Oct 01, 2021 for $*****. 1 investor participated in its latest round. Verizon Connect has 3 institutional investors.
Here is the list of recent funding rounds of Verizon Connect:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2021 | 4186261 | Grant (prize money) | 2534693 | 5121312 | 7929978 | 2341500 |
Access funding benchmarks and valuations. Sign up today!View details of Verizon Connect's funding rounds and investors
Verizon Connect's founders and board of directors
Founder? Claim ProfileVerizon Connect's employee count trend
Verizon Connect has 2,008 employees as of Jun 26. Here is Verizon Connect's employee count trend over the years:
Uncover Verizon Connect's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Verizon Connect's Competitors and alternates
Top competitors of Verizon Connect include Samsara, GoMotive and Radius. Here is the list of Top 10 competitors of Verizon Connect, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Samsara 2015, San Francisco (United States), Public | Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners | $915M | 86/100 | |
2nd |  GoMotive 2013, San Francisco (United States), Series F | AI-powered fleet management platform | $717M | 77/100 | |
3rd |  Radius 1990, San Francisco (United States), Acquired | Predictive marketing and sales platform | $333M | 75/100 | |
4th | Wright Express 1983, Portland (United States), Public | Provider of fleet management, employee benefits, and business payment solutions | - | 72/100 | |
5th | Omnitracs 1985, Dallas (United States), Acquired | Provider of cloud-based fleet management solutions | - | 71/100 | |
6th |  Element 1946, Baltimore (United States), Public | Fleet management and maintenance services | $125M | 69/100 | |
7th |  LightMetrics 2015, Bengaluru (India), Series A | Provider of video telematics solutions for telematics service providers | $10.7M | 68/100 | |
8th |  Netradyne 2015, San Diego (United States), Series D | AI-powered fleet safety camera system | $297M | 67/100 | |
9th | BeeLine 2014, London (United Kingdom), Seed | Manufacturer of devices for vehicle tracking | $2.78M | 67/100 | |
10th | Lytx 1998, San Diego (United States), Acquired | Provider of video telematics and fleet management solutions | $153M | 66/100 | |
41st | Verizon Connect 2006, United States, Funding Raised | Provider of fleet management software and solutions for business optimization | - | 59/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Verizon Connect's competitors? Click here to see the top ones
Verizon Connect's Investments and acquisitions
Verizon Connect has acquired Movildata. Verizon Connect has not made any investments as of now.Reports related to Verizon Connect
Here is the latest report on Verizon Connect's geography:
News related to Verizon Connect
Filter this listMedia has covered Verizon Connect for a total of 2 events in the last 1 year.
•
•
The future of fleet management: Inside Verizon Connect’s safety transformationThe Business Journals•Jul 07, 2025•Verizon Connect
•
•
•
•
Verizon Connect Honored as Silver Stevie® Award Winner in 2024 American Business Awards®GlobeNewswire•Jun 12, 2024•Verizon Connect
•
Verizon Connect announces European launch of Equipment Asset Tracker deviceTelecompaper•Apr 17, 2024•Verizon Connect
•
•
•
Verizon Connect improves field equipment management and maintenanceLight Reading•Apr 06, 2023•Verizon Connect
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Verizon Connect
Explore our recently published companies
- Forward Media - Germany based, Unfunded company
- Cinux - 2012 founded, Unfunded company
- St Cloud Technical - St. Cloud based, 1948 founded, Funding Raised company
- Fira - Indonesia based, 2015 founded, Unfunded company
- Antigravity Investments - Berkeley based, 2016 founded, Funding Raised company
- Clear Dynamics - Series B company
