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Verizon - About the company

Verizon is a public company based in New York City (United States), founded in 1983 by Tushar Chaudhary. It operates as a Provider of wireless, internet, TV, and phone services. Verizon has raised an undisclosed amount in funding. The company has 3163 active competitors, including 50 funded and 546 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.
Social
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Email ID
*****@verizon.net
Phone Number
+1 **********
Key Metrics
Founded Year
1983
Location
New York City, United States
Stage
Public
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
95,704 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 22, 2022
5601675
Grant (prize money)
1266813
6616264
3123855
2634746
Feb 17, 2021
1648696
Post IPO
4318289
8429845
4774347
Feb 06, 2019
8898129
Conventional Debt
8568963
2872972
1159354
6668091
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Verizon's founders and board of directors

Founder? Claim Profile
The founders of Verizon is Tushar Chaudhary. Dan Schulman and Kyle Malady are the CEOs of Verizon.
Here are the details of Verizon's key team members:

Verizon's employee count trend

Verizon has 95,704 employees as of May 26. Here is Verizon's employee count trend over the years:
Employee count trend for Verizon
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Verizon
Verizon
1983, New York City (United States), Public
Provider of wireless, internet, TV, and phone services
-
82/100
2nd
Logo for T-Mobile
T-Mobile
1994, Bellevue (United States), Acquired
Provider of mobile telecommunication services
-
82/100
3rd
Logo for AT&T
AT&T
1876, Dallas (United States), Public
Provider of wireless and internet services
-
82/100
4th
Logo for Vodafone
Vodafone
1982, Newbury (United Kingdom), Public
Virtual card-linked wallet for consumer payments
-
81/100
5th
Logo for MTN
MTN
1994, Fairland (South Africa), Public
Provider of mobile network services
$7.05M
81/100
6th
Logo for Optus
Optus
1981, North Ryde (Australia), Acquired
Provider of mobile internet services for home and offices
$19.7M
81/100
7th
Logo for Telia Company
Telia Company
1853, Solna (Sweden), Acquired
Provider of integrated telecom and TV services
-
80/100
8th
Logo for Zain Group
Zain Group
1983, Kuwait City (Kuwait), Public
Telecom services provider
-
80/100
9th
Logo for SoftBank
SoftBank
1986, Tokyo (Japan), Series A
Company that offers mobile phones, internet, and clean energy services
$8.99M
78/100
10th
Logo for SK Telecom
SK Telecom
1984, South Korea, Public
Provider of integrated telecommunication services
-
78/100
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Verizon's Investments and acquisitions

Verizon has made 146 investments in companies including TechSTL and AIM. Verizon has also acquired 32 companies including Starry and Frontier Communications.
Here is the list of investments & acquisitions:lockFilter this list
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)
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See all investments and acquisitions by Verizon

Reports related to Verizon

Here is the latest report on Verizon's geography:

News related to Verizon

lockFilter this list
Media has covered Verizon for a total of 435 events in the last 1 year, 293 of them have been about company updates and 27 about partnerships.
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FAQs about Verizon

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