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Michelle McCarthy

Investor at Verizon Ventures

New York City Metropolitan Area

Overview

Work Experience

  • Managing Director, Verizon Ventures

    2012 - 2024

    Invested in strategically aligned startups as a leading director of the transaction team for Verizon Ventures. Served as a board member for portfolio companies with technologies that included AI, IoT, connected home, robotics, sports tech, media, fintech, and adtech. Investments spanned B2B and B2C, and included both SaaS and hardware. Partnered with Verizon BU teams to provide a bridge between external startup innovation and internal business objectives. Represented Verizon Ventures in industry associations and at CVC/VC/innovation events. Established the venture team’s operations, processes, and reporting, and oversaw events. Recognized as a Rising Star by Global Corporate Venturing.

  • Head of LIHTC Investments and Portfolio Management

    2005 - 2012

    Led new investments and managed a large, geographically diverse portfolio of Section 42 LIHTC tax credit real estate investments as well as a portfolio of commercial real estate leveraged leases. Closed more than 100 LIHTC transactions in custom designed proprietary funds with over a dozen tax credit syndicators, investing more than $1B in equity. Investments generated above market returns and were used to finance the development of affordable housing properties for low income families.

  • Director, Corporate Strategy, Development & Planning

    1998 - 2005

    During a period of tremendous industry transformation, led initiatives to pursue new business opportunities, enhancements to existing lines of business, and monetization opportunities. Managed portions of multi-billion dollar foreign and domestic acquisition target analyses and oversaw strategic planning materials for the Board of Directors. Led a team of corporate strategy directors and managers.

  • Board

    2023 - 2023

    Software-based multi-sensing platform for situation-aware AI-driven IoT

  • Board

    2021 - 2023

    Human-like Artificial General Intelligence (AGI) in General Purpose Robots (GPRs)

  • Board Member

    2021 - 2023

    Local community news, information, and engagement platform

  • Board

    2021 - 2023

    High-fidelity haptic gloves for fully immersive, professional-grade Virtual Reality (VR) and robotics

  • Board

    2021 - 2023

    Motion detection for practical applications like security, energy conservation, and fall detection by applying AI engines to wireless traffic data; no need for specialty sensors or video

  • Board

    2020 - 2023

    Sports tech real-time tracking and analytics

  • Board

    2014 - 2023

    Verizon Ventures board observer Software platform for API integration and data visualization

  • Investment Lead

    2020 - 2023

    Early Stage Funds in Female-Led Startups Investment areas include future of work, commerce tech, fintech, security, healthcare

  • Investement Lead

    2018 - 2023

    Mobile Secure Token Wallet and Engagement Platform Investment was originally in SimplyTapp, acquired by OV Loop

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