Though the Dominican Republic’s economy relies heavily on agriculture, tourism and mining, the country has seen significant growth across more tech-enabled sectors like commerce, telecommunications and energy. Since 2010, the country has urbanized significantly, with over 80 percent of the population now living in the country’s city centers.
But more people also means more power. With the inevitable strain on the electricity sector, the government has planned a comprehensive package of reforms to increase its efficiency and accountability. These changes include access to more reliable and affordable energy from less polluting sources, with a goal to electrify the country’s tech services.
From fintech to rum production, these are the companies worth watching in the Dominican Republic.
Top Companies in the Dominican Republic
- Forward Financing
- SimplePractice
- GomezLee Marketing
- Edwards Lifesciences
- Brugal Rum
Companies in the Dominican Republic
Forward Financing is headquartered in the United States and has an operational hub located in Los Jardines of Santiago de los Caballeros. The financial services provider specializes in fast, flexible digital loans to small businesses. It aims to assist client companies that are not usually able to gain immediate access to operational cash.
SimplePractice provides a HIPAA-compliant cloud-based software for electronic health records. Its services help health and wellness professionals with paperless client intake, telehealth sessions, integrated billing, treatment plans and online booking. The company has an office in Santo Domingo that helps businesses efficiently manage their practices.
GomezLee Marketing was founded in 1990 and has offices in twelve countries throughout the Caribbean, South and Central America, including in Santo Domingo. The company is a trade marketing firm that provides global CPG and consumer electronics brands with its solutions. It offers e-learning and shopper insights, along with connecting shoppers with its marketing at the moment they check out.
Edwards Lifesciences is a structural heart innovation company that partners with healthcare stakeholders and clinicians. Its solutions for those fighting cardiovascular disease include hemodynamic monitoring, repair products and replacement heart valves that it designs and manufactures. The company serves patients in over 100 countries and has an office located in the Zona Franca Industrial in the town of Haina.
Brugal Rum has crafted its rum in Puerto Plata for over 130 years. It’s entire production process, from the cultivation of raw ingredients to bottling is executed on Dominican soil. It’s present in key markets throughout the Caribbean, Mexico, Europe and the United States. The company says it supports its community, island infrastructure and the environment.
TrueML develops financial technology that uses machine learning to adapt to consumer behavior, encouraging them to make payments through personalized communications. Its family of products includes TrueAccord and Sentry credit. The company says it’s hiring for remote engineering roles in the Dominican Republic.
