DOMA Technologies Expands Virginia Beach, Virginia, Operations
The company will establish a new 69,000-square-foot headquarters facility.
“DOMA is proud to be a Virginia business headquartered in the great city of Virginia Beach,” said DOMA Founder and President Pat Feliciano. “It’s our vision to be the premiere software company for the city, state, and the broader region. Leveraging innovative machine learning and artificial intelligence tools to bridge the gap between our customers’ data and the decisions they need to make, we believe we are building something unique to the area. This investment is just one step of many we will take to bring that vision to reality.”
The Virginia Economic Development Partnership (VEDP) worked with the City of Virginia Beach to secure the project and will support DOMA Technologies’ job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities.
As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.
“When a homegrown company like DOMA Technologies chooses to reinvest in the City of Virginia Beach and create more than 300 new high-tech jobs, it again demonstrates that the Commonwealth is a premier location for this booming sector and has the workforce it needs to thrive,” noted Secretary of Commerce and Trade Caren Merrick. “We are pleased that the Virginia Jobs Investment Program will support DOMA Technologies’ employee recruitment and training and that DOMA has shown a commitment to hiring from our robust veteran community, which is one of the Commonwealth’s many workforce advantages.”
DOMA addresses every part of the information management lifecycle from document conversion and data extraction to analytics and automated workflows. The company is a dedicated strategic partner for the?federal?government and private sector clients.
2023 Top States for Doing Business Meet the Needs of Site Selectors
The Rise of Mid-Size U.S. Cities: The Industrial Development Boom
Front Line: Brownfields Offer Redevelopment Opportunities
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
2023 Top States Workforce Development Programs
Immigration: A Potential Fix for Labor Shortages?
Workforce Q4 2023
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers