Verizon Connect
Atlanta, Georgia, United States
Valuation
$776.9M
2024 Revenue
$134.8B
Funding
$0
YOY
0.6%
Team
99.6K
Founded
2004
How Verizon Connect CEO Peter Mitchell grew to $134.8B revenue with a 99600 person team in 2024.
Verizon Connect is a fleet management software and telematics technology company based in Atlanta, Georgia. The company provides a range of solutions to help businesses manage their mobile workforces, including GPS fleet tracking, mobile workforce management, and field service management software. Verizon Connect was created in 2018 when Verizon Communications merged its Verizon Telematics division with Fleetmatics Group and Telogis.
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Verizon Connect Revenue
In 2024, Verizon Connect's revenue reached $134.8B. The company previously reported $134B in 2023. Since its launch in 2004, Verizon Connect has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Verizon Connect Hit $134.8b revenue in December 2024 | |
| 2023 | Verizon Connect Hit $134b revenue in December 2023 | |
| 2022 | Verizon Connect Hit $136.8b revenue in December 2022 | |
| 2004 | Launched with $0 revenue |
Verizon Connect Valuation, Funding Rounds
Verizon Connect's most recent disclosed valuation is $776.9M.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Verizon Connect yet.
Verizon Connect Employees & Team Size
Verizon Connect employs approximately 99.6K people as of 2026. It serves 146M customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 99.6K employees (December 2024) |
Frequently Asked Questions about Verizon Connect
What is Verizon Connect's revenue?
Verizon Connect generates $134.8B in revenue.
Who founded Verizon Connect?
Verizon Connect was founded by Peter Mitchell.
Who is the CEO of Verizon Connect?
The CEO of Verizon Connect is Peter Mitchell.
How much funding does Verizon Connect have?
Verizon Connect raised $0.
How many employees does Verizon Connect have?
Verizon Connect has 99.6K employees.
Where is Verizon Connect headquarters?
Verizon Connect is headquartered in Atlanta, Georgia, United States.
Compare Verizon Connect to the industry
Verizon Connect operates across multiple industries. Browse revenue, funding, and growth data for Verizon Connect in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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