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 3165 active competitors, including 50 funded and 545 that have exited. Its top competitors include companies like AT&T, T-Mobile 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
1st among 3165 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
95,704 as on May 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 | $1B+ (As on Dec 31, 2025) | 117100 (As on Dec 31, 2022) | - |
VERIZON DATA SERVICES INDIA PRIVATE LIMITED CIN: U72300TN2001PTC046551 , India, Active | Feb 02, 2001 | ₹1,000+ Cr (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 | €0 - €1M (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 19 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 | 4903908 | Grant (prize money) | 9542946 | 1977542 | 2576250 | 6518229 |
Feb 17, 2021 | 2769028 | Post IPO | 6843709 | 8522526 | 5522454 | |
Feb 06, 2019 | 2012991 | Conventional Debt | 7601972 | 5071990 | 3847410 | 6015646 |
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:
- Tushar Chaudhary: Former Founder of Verizon and founder of 1 other company.
- 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 95,704 employees as of May 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 AT&T, T-Mobile 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 | Verizon 1983, New York City (United States), Public | Provider of wireless, internet, TV, and phone services | - | 82/100 | |
2nd | AT&T 1876, Dallas (United States), Public | Provider of wireless and internet services | - | 82/100 | |
3rd | T-Mobile 1994, Bellevue (United States), Public | Provider of mobile telecommunication services | - | 82/100 | |
4th | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 81/100 | |
5th | MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
6th | Provider of mobile internet services for home and offices | $19.7M | 81/100 | ||
7th | Telia Company 1853, Solna (Sweden), Acquired | Provider of integrated telecom and TV services | - | 81/100 | |
8th | Zain Group 1983, Kuwait City (Kuwait), Public | Telecom services provider | - | 80/100 | |
9th | Company that offers mobile phones, internet, and clean energy services | $8.99M | 78/100 | ||
10th | SK Telecom 1984, South Korea, Public | Provider of integrated telecommunication services | - | 78/100 |
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 32 companies including Starry and Frontier Communications.Here is the list of investments & acquisitions:
Filter 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) |
See all investments and acquisitions by Verizon
Reports related to Verizon
Here is the latest report on Verizon's sector:
News related to Verizon
Media has covered Verizon for a total of 442 events in the last 1 year, 295 of them have been about company updates and 29 about partnerships.
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Verizon Accelerates AI-Native Telecom Networks with 70 Million Autonomous Network ActionsTelecomLead•Jun 29, 2026•Verizon
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Verizon’s Growth Highlights How CX Drives Retention and Revenue for EnterprisesDesignRush•Jun 22, 2026•Verizon
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Aster Capital Management DIFC Ltd Makes New $472,000 Investment in Verizon Communications Inc. $VZAmerican Banking News•Jun 17, 2026•Verizon, BT Group
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Ericsson and Verizon Expand Private 5G Service Globally for Multinational EnterprisesTahawulTech.com•Jun 16, 2026•Ericsson, Verizon
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ARK Venture Fund Invests in AI GPU Marketplace Startup Hydra HostInvesting•Jun 16, 2026•Hydra, Ark Invest ETFs, Kindred Ventures, ARK Investment Management and 3 others
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