Doma Technologies will spend $3.7M on new facility
Doma Technologies will spend $3.7M on new facility
Courtney Mabeus-Brown// November 16, 2023//
Virginia Beach-based Doma Technologies, a software company founded in 2000, will invest $3.7 million to expand in the city, adding about 307 jobs in the next three years and bringing its total to about 500 employees, Gov. Glenn Youngkin announced Thursday.
The expansion will include a new 69,000-square-foot facility. Doma is currently located along London Bridge Road in the city, where it employs more than 200 people.
“Doma Technologies’ decision to expand in Virginia Beach showcases Virginia’s ongoing technology sector growth,” Youngkin said in a statement. “Through significant investment, Virginia is expanding its tech talent pipeline to create an innovation ecosystem that allows companies like Doma to secure the workforce it needs to grow right here in the commonwealth.”
The Virginia Economic Development Partnership worked with the City of Virginia Beach to secure the project for Virginia and will support Doma Technologies’ job growth through the Virginia Jobs Investment Program, which provides consulting and funding to companies creating jobs to support employee recruitment and training.
Details about the expansion weren’t immediately available on Thursday. Doma is a cloud-based document management company and works with the federal government and private sector clients.
“Doma is proud to be a Virginia business headquartered in the great city of Virginia Beach,” Pat Feliciano, Doma’s founder and president, said in a statement. “It’s our vision to be the premiere software company for the city, state and the broader region.”