About startup landscape in Dominican Republic
Dominican Republic has over 1,337 startups across the country. Of these, 103 are funded companies that have collectively raised $436M in venture capital and private equity. A total of 40 investors have participated in 130 funding rounds. In the last five years, 92 new companies have been founded. Startups in Dominican Republic have witnessed 18 acquisitions and 14 IPOs, while 212 startups wrapped up operations. Additionally, 13 companies have been founded by women.
Top Companies in Dominican Republic
Popularenlinea is the top company in Dominican Republic, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Dominican Republic:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Credit union bank | Santo Domingo (Dominican Republic) | 1963 | Unfunded | - | |
Telecomunications company providing services and products in the Dominican Republic. | Santo Domingo (Dominican Republic) | 1930 | Unfunded | - | |
Commercial bank | 2012 | Unfunded | - | ||
Provider of electrical services | Santiago De Los Caballeros (Dominican Republic) | 1999 | Unfunded | - | |
International communication services | Santo Domingo (Dominican Republic) | 2005 | Acquired | - |
Recent Funding Rounds in Dominican Republic
In the year 2023, till November 2023, $25M has been raised in 2 equity
funding rounds across Dominican Republic. In the same period last year (i.e. till June 2022), undefined had been raised across 1 round in Dominican Republic. So, 2023 has seen a NaN% drop in funding in companies of Dominican Republic as compared to 2022.
Here are some recent, important funding rounds in Dominican Republic:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
PE | 6803 | Nov 28, 2023 | ||
PE | 8782 | Aug 30, 2023 | ||
PE | 1485 | 2022 | ||
Seed | 3923 | Apr 08, 2021 | ||
Seed | 4698 | Jan 2015 | - |
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- 1.3K+ Total Companies
- $436M+ Total Funding
- 100+ Funded Companies
- 10+ IPOs
- 15+ Acquisitions
Top Investors in Dominican Republic
Europa is the top investor in companies of Dominican Republic based on number of companies invested.
Here are some top investors in Dominican Republic:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Washington (United States) | ||
Santo Domingo (Dominican Republic) | ||
Washington, DC (United States) |
Acquisitions in Dominican Republic
In the year 2025, till March 2025, 1 acquisition happened in Dominican Republic. Last year, in 2024, a total of 3 acquisitions happened in Dominican Republic.
Here are some recent, important acquisitions in Dominican Republic:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 11, 2025 | ||
Business Acquisition | Aug 02, 2024 | ||
Business Acquisition | Apr 26, 2024 | ||
Business Acquisition | Feb 23, 2024 | ||
Business Acquisition | Sep 07, 2023 |
Top News about startups in Dominican Republic
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Volvo Cars & Evergo to install 2,295 chargers in Mexicoelectrive.com•Sep 04, 2023•Evergo, Volvo Cars
•
UnionPay Acceptance Enabled in the Dominican RepublicPR Newswire•Aug 16, 2022•CardNET, UnionPay Intl
•
Insurity SI Partner Sikich Expands Support to MGA SolutionsBusiness Wire•May 11, 2021•Insurity, Sikich, MGA