Verizon - About the company
Verizon is a public company based in New York City (United States), founded in 1983. It operates as a Provider of wireless, internet, TV, and phone services. Verizon has raised an undisclosed amount in funding. The company has 3651 active competitors, including 52 funded and 572 that have exited. Its top competitors include companies like T-Mobile, AT&T and Vodafone.
Company Details
Provider of wireless, internet, TV, and phone services. The company delivers mobile and home internet solutions, including Fios Home Internet and 5G Home Internet. It offers a range of accessories, including phone cases, screen protectors, and chargers. The company provides prepaid plans, smartphones, tablets, and smartwatches. It supports communities through digital inclusion programs, workforce development, and environmental responsibility initiatives.
- Website
- www.verizon.com
- Email ID
- *****@verizon.net
- Phone Number
- +1 **********
Key Metrics
Founded Year
1983
Location
New York City, United States
Stage
Public
Latest Funding Round
Investors
Ranked
5th among 3651 active competitors
Annual Revenue
$138B as on Dec 31, 2025
Employee Count
100,389 as on Mar 31, 2026
Exit Details
Public
Legal entities associated with Verizon
Verizon is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERIZON COMMUNICATIONS INC CIN: 732712 , United States, Active | Oct 06, 1983 | $138B (As on Dec 31, 2025) | 117100 (As on Dec 31, 2022) | - |
VERIZON DATA SERVICES INDIA PRIVATE LIMITED CIN: U72300TN2001PTC046551 , India, Active | Feb 02, 2001 | $708M (As on Mar 31, 2025) | 6862 (As on Mar 31, 2024) | |
VERIZON DENMARK A/S CIN: 17889087 , Denmark, Active | Jun 30, 1994 | - | - | |
Verizon Estonia OÜ CIN: 11586606 , Estonia, Active | Feb 04, 2009 | $23.2K (As on Dec 31, 2023) | - |
Verizon's IPO details
Verizon got listed on Nov 25, 1983.
Click here to take a look at Verizon's IPO in detail
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Verizon's funding and investors
Verizon has raised funding over 8 rounds. Its first funding round was on Feb 09, 2006. Its latest funding round was a Grant (prize money) round on Sep 22, 2022 for $*****. 1 investor participated in its latest round. Verizon has 18 institutional investors.
Here is the list of recent funding rounds of Verizon:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 22, 2022 | 6936703 | Grant (prize money) | 1686198 | 9198155 | 9923850 | 9696265 |
Feb 17, 2021 | 9257895 | Post IPO | 9903918 | 8785336 | 3167732 | |
Feb 06, 2019 | 7697603 | Conventional Debt | 3464413 | 1301309 | 4556951 | 9088620 |
View details of Verizon's funding rounds and investors
Verizon's founders and board of directors
Founder? Claim ProfileHere are the details of Verizon's key team members:
- Dan Schulman: Co-CEO of Verizon. Contact Info: 4 email addresses
View details of Verizon's Founder profiles and Board Members
Verizon's employee count trend
Verizon has 100,389 employees as of Mar 26. Here is Verizon's employee count trend over the years:
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Verizon's Competitors and alternates
Top competitors of Verizon include T-Mobile, AT&T and Vodafone. Here is the list of Top 10 competitors of Verizon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | T-Mobile 1994, Bellevue (United States), Acquired | Provider of mobile telecommunication services | - | 84/100 | |
2nd | AT&T 1876, Dallas (United States), Public | Provider of wireless and internet services | - | 82/100 | |
3rd | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 82/100 | |
4th | MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
5th | Verizon 1983, New York City (United States), Public | Provider of wireless, internet, TV, and phone services | - | 81/100 | |
6th | Provider of mobile internet services for home and offices | $19.7M | 80/100 | ||
7th | Telia Company 1853, Solna (Sweden), Acquired | Provider of integrated telecom and TV services | - | 80/100 | |
8th | Zain Group 1983, Kuwait City (Kuwait), Public | Telecom services provider | - | 79/100 | |
9th | SK Telecom 1984, Seoul (South Korea), Public | Provider of integrated telecommunication services | - | 77/100 | |
10th | Telecom Italia 1994, Rome (Italy), Public | Integrated telecom service provider | - | 77/100 |
Looking for more details on Verizon's competitors? Click here to see the top ones
Verizon's Investments and acquisitions
Verizon has made 146 investments in companies including TechSTL and AIM. Verizon has also acquired 33 companies including Starry and Frontier Communications.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 08, 2025 | Acquisition | 2014 | Boston (United States) | |
Sep 05, 2024 | Acquisition | 1935 | Norwalk (United States) | |
Dec 06, 2023 | Investments | 2013 | St. Louis (United States) |
See all investments and acquisitions by Verizon
News related to Verizon
Media has covered Verizon for a total of 455 events in the last 1 year, 326 of them have been about company updates and 27 about partnerships.
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Get a free pair of Meta Ray-Bans with this Verizon Fios Home internet dealZDNet•Apr 17, 2026•Meta, Verizon, Truemed
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Lbp Am Sa Acquires 286,053 Shares of Verizon Communications Inc. $VZMarketBeat•Apr 16, 2026•Verizon, , S&P Global, AE Wealth Management
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Farther Finance Advisors LLC Acquires 5,432 Shares of The Goldman Sachs Group, Inc. $GSMarketBeat•Apr 16, 2026•Farther, Goldman Sachs, Verizon, Kbc and 1 other
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Verizon to Power Unforgettable Fan Experiences at the FIFA World Cup 2026™GlobeNewswire•Apr 16, 2026•Verizon, Fifa
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mmWave 5G Performance in the U.S.: Ultra-Fast Speeds, Limited Reach Drive Strategic DeploymentsTelecomLead•Apr 13, 2026•Verizon, AT&T
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Verizon shares insight on eliminating retail's phantom inventoryRetailCustomerExperience•Apr 13, 2026•Verizon
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Verizon Wireless Pricing Disclosures Found Adequate by National Advertising DivisionGlobeNewswire•Apr 08, 2026•Verizon, T-Mobile
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