Founded in 2000, Verizon Ventures is a venture capital firm based in the United States. It operates as part of the Verizon corporation and typically invests in rounds with 4-5 participants. While Matrix Partners, Lightspeed Venture Partners, and Techstars also finance startups, Verizon Ventures has notable sponsors like Intel Capital, Techstars, and True Ventures. The firm is involved in 7-12 deals per year, with a focus on investments in the range of $10-50 million. It has a higher rate of exits compared to other companies and has been active since 2015. Verizon Ventures invests in industries such as Big Data and Machine Learning and prefers startups that are 4-5 years old. The firm provides support to its portfolio companies in technology development, market planning, and access to Verizon's networks and platforms.