Verizon Ventures is the corporate venture capital arm of Verizon Communications, established in 1990. It focuses on investing in entrepreneurial companies that drive innovation in Verizon's consumer, business, network, and media sectors. The firm seeks early-stage technologies that are three to five years from implementation, aiming to complement Verizon's networks, service platforms, and distribution channels.

Over the years, Verizon Ventures has invested in more than 100 companies, covering a range of industries, technologies, and market segments. Notable past investments include FanDuel, which was acquired for $4.2 billion, and AdTheorant, which achieved a billion-dollar valuation. The firm offers support to its portfolio companies with technology and product development, market planning, sales, and access to Verizon's networks and platforms.

In September 2024, Verizon Ventures halted new investments and shifted its focus to managing its existing portfolio.