Startup Scouting & Market Intelligence

Verizon: Scaling Startup Scouting and Innovation at Enterprise Scale

Verizon uses SwitchPitch to centralize startup scouting, automate discovery, and manage a high-volume pipeline of emerging technologies, giving a lean innovation team the reach of an organization many times its size.

Company Verizon
Industry Telecommunications
Use Case Startup Scouting & Market Intelligence
600+
startups evaluated annually

Enterprise ambition. Lean team. Too much signal to process.

Verizon's innovation team is responsible for identifying and evaluating emerging technologies across a massive, fast-moving startup landscape. The challenge is one of scale: the relevant startup universe is enormous, it moves quickly, and the team tasked with covering it is small.

Manual scouting, conference attendance, and inbound outreach cannot cover enough ground. Companies get missed. Evaluations happen late. And when every team member is spending time on sourcing, there is less capacity for the deeper work of evaluation, relationship-building, and moving promising technologies toward proof of concept.

600+
startups evaluated annually
Lean
team operating at enterprise scale
PoC
to product pipeline, structured end to end

Automated discovery that multiplies team capacity

SwitchPitch gives Verizon's innovation team an always-on discovery layer that surfaces relevant startups continuously, without requiring manual research for every new area of interest. Trackers monitor the startup landscape across defined technology domains and route new, qualified companies into the team's pipeline automatically.

The result is that the team can focus its time on evaluation and relationship-building, the work that actually requires human judgment, while SwitchPitch handles the breadth of sourcing that would otherwise consume the majority of their capacity.

From sourcing to partnership in a structured pipeline

1
Automated Discovery
SwitchPitch trackers monitor defined technology domains and surface new startups that match Verizon's innovation priorities, feeding the pipeline continuously without manual sourcing effort.
2
High-Volume Evaluation
The team evaluates 600+ startups annually using SwitchPitch's structured profiles, IRL scores, and funding and traction data, enabling rapid triage without losing rigor.
3
Pipeline Management
Promising companies move into a tracked pipeline with clear stage gates, from initial review through outreach, deeper diligence, and proof of concept scoping.
4
Proof of Concept
Selected startups enter structured PoC engagements with Verizon's business units, testing the technology against real operational requirements before committing to deeper integration.
5
Product Integration
Technologies that clear the PoC stage are integrated into Verizon products and services, creating a direct line from startup discovery to commercial deployment.

What a multiplied team can do

600+ startups evaluated annually across Verizon's technology priorities
Automated discovery multiplies the team's effective reach without adding headcount
Structured pipeline from sourcing through PoC to commercial partnership
Technologies identified through SwitchPitch integrated into Verizon products
Lean innovation team operates at a scale that would otherwise require a much larger organization

A small team finding unique companies much faster

Verizon's innovation team now operates with a level of reach and throughput that the team's headcount alone could not sustain. SwitchPitch acts as a force multiplier, handling the breadth of startup discovery so the team can focus its attention on depth, evaluation quality, and moving the best companies toward real commercial outcomes.

Key Outcome
By automating discovery and centralizing the pipeline, Verizon's lean innovation team evaluates hundreds of startups annually, identifies technologies that make it into products, and operates at enterprise scale without enterprise headcount.