Top 10 Tech Companies to Work for in Richmond in 2024
Last Updated: December 26th 2024
Too Long; Didn't Read:
Richmond's tech industry is booming, contributing over 15% of local jobs and $12.8 billion annually. Top companies like Capital One, CarMax, and Dominion Energy are driving this growth with innovation and talent investment. Richmond's affordable living, strong talent pool, and tech expansion make it a prime destination for tech professionals, fostering career advancements in AI, cybersecurity, and data analytics.
Looking for the latest updates? Check out the 2025 version of this article here.
Richmond is low-key blowing up as a major tech hotspot, and it's making waves in the local economy too. According to this report, the tech industry accounts for over 15% of jobs in the area and brings in a massive $12.8 billion annually.
This surge is fueled by some big tech players who've planted roots in Richmond:
- Capital One, a Fortune 500 banking giant, has its headquarters and a major tech hub in Richmond, employing thousands of techies.
- CarMax, the used car king, is going all-in on digital transformation with a dedicated Richmond-based tech team.
- Dominion Energy, a sustainability leader, has a sizeable tech workforce in Richmond driving innovation.
- Not to mention, Richmond just got designated as an advanced pharmaceutical manufacturing tech hub by the Biden administration, unlocking major funding opportunities.
With its affordable living costs, growing talent pool from schools like VCU and University of Richmond, and thriving ecosystem, Richmond is a magnet for tech investment.
As Sarah White from the Greater Richmond Technology Council put it,
Richmond's tech scene is skyrocketing, creating incredible opportunities for established companies and startups alike.
Table of Contents
- Methodology for Ranking
- 1. Capital One
- 2. CarMax
- 3. Dominion Energy
- 4. Genworth Financial
- 5. CoStar Group
- 6. Altria
- 7. Bon Secours Mercy Health
- 8. Elephant Insurance
- 9. VCU Health
- 10. Owens & Minor
- Conclusion and Future Prospects
- Frequently Asked Questions
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Methodology for Ranking
(Up)To rank the top tech companies in Richmond for 2024, we took a close look at what really matters to people like us in the tech world. We didn't just rely on some fancy ratings or corporate hype – we dug deep into employee reviews and feedback to get the real inside scoop.
After all, who knows better than the folks actually working there?
We weren't just interested in the perks and ping-pong tables, though. We wanted to know how these companies really treat their people – are they all about creating a cool, inclusive vibe where everyone can thrive and grow? Or is it just a grind-fest with no room for balance or personal development? We took a hard look at factors like work-life balance, management quality, and opportunities for learning and advancing your career.
Speaking of growth, that was a huge factor in our rankings.
Nearly 60% of workers say having chances to level up their skills is crucial when choosing a job.
So we made sure to spotlight companies that are serious about training programs, clear career paths, and helping their tech talent reach new heights.
Of course, we didn't just rely on one source or metric.
We cross-referenced data from trusted sites like Glassdoor and PayScale, and gave more weight to companies with consistently glowing reviews across the board.
We looked at compensation and benefits too, but culture and growth potential were the real game-changers. At the end of the day, our rankings celebrate the companies that are truly investing in their people and setting them up for success in the Richmond tech scene.
1. Capital One
(Up)Let's kick things off with the big dog in Richmond's tech scene - Capital One. This financial powerhouse has been crushing it when it comes to digital transformation, opening up a sweet array of tech gigs across different areas.
They're talking over 50,000 employees worldwide, and they're all about that innovative, inclusive work vibe.
On Glassdoor, Capital One is rocking a solid 4.2 out of 5 rating from employees.
They're not holding back on the perks either, offering competitive benefits like generous paid time off, solid health insurance, and a fat 401(k) plan. But it's not just about the money - Capital One gets that work-life balance is key, with flexible schedules and wellness programs to keep you feeling fresh.
For all you tech geeks out there, Capital One has opportunities galore across different fields:
- Software Engineering: Build cutting-edge apps and systems for banking, credit cards, and financial services.
- Data Science and Analytics: Unleash the power of advanced analytics and machine learning to drive data-driven decisions and elevate customer experiences.
- Cybersecurity: Safeguard Capital One's digital fortress and protect customer data with robust security measures.
- Cloud Computing: Design and implement cloud-based solutions for scalability and operational efficiency.
Capital One is all about investing in your growth, offering comprehensive training programs, mentorship opportunities, and clear career paths.
With a focus on innovation and a commitment to diversity and inclusion, Capital One is definitely a top contender for tech pros looking to make moves in Richmond.
2. CarMax
(Up)Hitting that #2 spot is CarMax, crushing the game when it comes to bringing the auto industry into the digital age.
By 2024, they're planning to drop over $300 million on leveling up their online retail experience, giving customers that slick omnichannel vibe where everything just flows seamlessly.
It's all about empowering people with cutting-edge tech, convenience, and transparency – that's how CarMax rolls.
But it's not just about the tech – CarMax knows how to treat their employees right.
They've got that whole benefits package on lock, from competitive pay that keeps up with the industry standards, to training programs and tuition reimbursement for those looking to level up their skills.
And let's not forget about that work-life balance – flexible schedules, generous time off, and wellness initiatives to keep everyone feeling fresh. It's no wonder they're rocking a 4.2 out of 5 on Glassdoor, with reviews praising the positive, inclusive vibes at the workplace.
If you're a tech whiz looking to make moves, CarMax is on the hunt for fresh talent to drive their digital takeover.
By 2024, they're aiming to bring on over 200 software engineers, data scientists, and cybersecurity specialists to join the team. We're talking Full Stack Devs, Cloud Architects, DevOps Engineers, and Data Analytics gurus – the whole crew needed to elevate the game.
With a heavy emphasis on innovation and giving employees the power to make things happen, CarMax is serving up an experience where tech pros can truly shine and shape the future of automotive retail.
3. Dominion Energy
(Up)Dominion Energy is killin' it with their tech game! This Richmond-based energy giant is going all-in on cutting-edge innovations to level up their sustainability efforts.
Word on the street is, they're dropping a crazy $2 billion to transform their digital ops and deliver a slick customer experience while pushing hard for clean energy domination.
They've earmarked $800 mil for smart grid tech, like real-time energy monitoring and distribution optimization.
Talk about efficiency! But that's not all – these guys are betting big on renewables too. By 2026, they plan to pump $1.2 billion into solar and wind power projects, including a massive offshore wind farm off the coast of Virginia Beach.
Imagine powering over 650,000 homes with clean energy – that's insane!
But it gets better. Dominion Energy is all about that eco-friendly lifestyle, hooking their employees up with sweet perks like green office initiatives, employee resource groups focused on enviro topics, and volunteer gigs to give back to the community.
Glassdoor's giving them a solid 4.2-star rating, with employees raving about the growth opportunities and chances to level up their tech skills in sustainable roles.
One happy camper said,
"Dominion Energy values their people and invests in their growth. The company's focus on sustainable tech has opened up exciting career paths for techies looking to make a real impact."
Bottom line, if you're a tech whiz searching for a gig that's all about the future of clean energy and cutting-edge innovations, Dominion Energy is definitely one to watch.
They're doing big things in Richmond, and it's only going to get better from here.
4. Genworth Financial
(Up)As the fourth dope tech company to work for in Richmond, Genworth Financial is cutting-edge solutions. They're leading the charge in digitizing the insurance and mortgage game, and their culture of innovation has employees feeling pumped to drive that transformation.
With cloud computing, automation, and data analytics, Genworth is streamlining processes, beefing up security, and delivering top-notch customer experiences that'll make you go, "Damn!"
But it's not just about the tech.
Genworth's workplace culture is on point too.
Employees on Glassdoor are giving it a solid 4.1 out of 5 stars, raving about the collaborative vibes, diversity, and work-life balance. Their benefits package is straight fire:
- Comprehensive healthcare coverage with options for medical, dental, and vision plans
- Generous paid time off for vacations, personal days, and holidays
- 401(k) retirement plan with employer matching contributions
- Tuition reimbursement for professional development and skill enhancement
Genworth is all about that cutting-edge life, actively pursuing groundbreaking projects that'll make you go, "Whoa!" They're implementing robotic process automation (RPA) to streamline repetitive tasks, boosting efficiency and accuracy like a boss.
They're investing in machine learning algorithms to level up their risk assessment and underwriting game, delivering personalized solutions that'll make customers swoon.
If you're a tech pro looking for a dynamic career that'll keep you hyped, Genworth has got you covered across software engineering, data science, cybersecurity, and more.
They're all about that continuous learning and upskilling grind, fostering an environment where innovation thrives. As one senior exec put it,
"At Genworth, we embrace technology as a catalyst for progress, enabling us to better serve our customers while providing an inclusive and rewarding workplace for our employees."
5. CoStar Group
(Up)Let's talk about CoStar Group - the real estate tech giant that's absolutely killing it in Richmond these days. These guys are straight up transforming the entire industry with their innovative approach to digitizing properties.
They just announced plans to acquire Matterport, the global leader in immersive 3D digital twins and AI for real estate.
That's a game-changer!
But it's not just about the cutting-edge tech they're pushing out. CoStar Group is also renowned for fostering an incredible work culture that brings out the best in their employees.
According to reviews, a whopping 89% of the team would happily recommend working there to their friends. They rave about the collaborative environment and supportive management, with one employee saying,
"The best aspect of CoStar is the people – brilliant minds from diverse backgrounds working together to push boundaries."
Sounds like a solid crew, doesn't it?
If you're a tech whiz looking to take your career to new heights, CoStar Group has opportunities galore across various domains.
From developing cutting-edge software and harnessing the power of data science to crafting seamless user experiences, there's something for everyone.
And don't even get me started on their commitment to professional growth – these guys are all about upskilling their employees through robust training programs and mentorship opportunities.
It's like a tech paradise, seriously.
6. Altria
(Up)Check this out - Altria, that iconic tobacco company based in Richmond, is getting real tech-savvy these days.
As the industry landscape shifts, they know that embracing cutting-edge tech is key to driving innovation, efficiency, and growth. By 2024, Altria is aiming to be a true tech powerhouse, attracting the best talent in Richmond.
Their employees are already feeling the love, with a whopping 89% of them being satisfied with their work experience.
Altria values professional growth, work-life balance, and a supportive company culture. Plus, they offer a seriously sweet compensation package with awesome healthcare, retirement plans with employer contributions, paid time off, parental leave, and even tuition assistance programs.
Altria is ramping up their tech workforce in Richmond, with plans to increase tech-related roles by a massive 20% by 2024.
They're on the hunt for skilled pros in areas like data analytics, cybersecurity, cloud computing, and software engineering.
With their focus on employee satisfaction, competitive benefits, and growing tech footprint, Altria is shaping up to be a seriously attractive option for tech professionals seeking challenging and rewarding careers in Richmond.
7. Bon Secours Mercy Health
(Up)At number 7, Bon Secours Mercy Health is a top employer for tech pros looking to grow in the healthcare industry. As a major healthcare provider, they're seriously leveling up with cutting-edge tech.
Check out these initiatives driving their tech transformation:
- AI and Machine Learning: They're using AI and ML algorithms to analyze patient data, enabling more accurate diagnoses and personalized treatment plans.
- Telehealth and Remote Monitoring: Through secure video conferencing and wearable devices, patients can now get remote consultations and monitoring, making access to care way easier.
- Electronic Health Records (EHR): The organization has implemented a robust EHR system, streamlining patient data management and enhancing care coordination. No more messy paperwork!
Beyond the tech advancements, Bon Secours Mercy Health is all about creating a supportive and inclusive work environment for its employees.
According to recent employee reviews, the company promotes a healthy work-life balance, offers competitive benefits, and actively encourages professional development.
With a 4.2 out of 5 rating on Glassdoor, they're resonating with their positive company culture and strong leadership.
For tech pros looking to level up their careers, Bon Secours Mercy Health offers a ton of opportunities.
They're investing big in upskilling their workforce, providing training programs and certifications to ensure employees stay ahead of the tech curve. Plus, they offer structured career paths, allowing tech pros to advance into leadership roles and spearhead innovative projects.
As healthcare continues embracing digital transformation, the demand for skilled tech talent at Bon Secours Mercy Health is about to skyrocket.
8. Elephant Insurance
(Up)Elephant Insurance is a rising star in Richmond's tech world, and they're not playing around with their digital game.
These individuals are serious about transforming the insurance industry through cutting-edge tech like AI, machine learning, and cloud computing. The word is that they plan to drop over $20 million on these technologies by 2024, aiming to streamline operations and take customer experiences to a whole new level.
Despite being a relatively small player, Elephant Insurance has cultivated a tight-knit company vibe that encourages innovation and personal growth.
Employees rave about the supportive, collaborative atmosphere, where ideas are valued, and work-life balance is a top priority.
One employee nailed it, saying,
"The company truly lives by its values of transparency, accountability, and empowerment. Everyone's voice is heard, and there are ample opportunities for professional development."
- Competitive salaries: We're talking above-average pay, with annual raises based on how well you perform.
- Learning and development: Tuition reimbursement plans, access to online courses, and mentorship programs to level up your skills.
- Flexible work arrangements: Remote and hybrid options, flexible schedules, and unlimited paid time off to maintain that work-life harmony.
- Health and wellness: Comprehensive medical, dental, and vision coverage, plus mental health resources and fitness perks to keep you feeling your best.
With a laser focus on creating a supportive environment and prioritizing employee growth, Elephant Insurance is a prime destination for tech professionals seeking a dynamic, forward-thinking workplace in Richmond.
9. VCU Health
(Up)VCU Health is seriously committed when it comes to cutting-edge tech and healthcare innovation! They're always on top of the latest advancements, making the patient experience so much smoother.
Just recently, they unveiled a mobile PET/CT scanner that provides crazy detailed whole-body scans in under 17 minutes! Honestly, that's straight-up game-changing for cancer patients.
But it's not just about the flashy new gadgets.
VCU Health hosts an entire Innovation Month to celebrate the creative minds driving change across various fields.
It's a whole vibe, connecting innovators, entrepreneurs, and researchers from all over. Really shows how they value that entrepreneurial spirit and fresh ideas.
Speaking of fresh ideas, they're always working on groundbreaking research projects.
Their scientists are developing a new diagnostic test and vaccine for leptospirosis, a potentially deadly bacterial infection.
That's the kind of life-saving innovation that makes working at VCU Health so meaningful.
And let's not forget the incredible career opportunities they offer:
- Robust training programs: VCU Health provides comprehensive training to enhance skills in tech fields.
- Paths for growth: Opportunities in roles like data analysis, cybersecurity, software development, and IT support.
VCU Health is the place to be for tech-savvy problem-solvers.
It's an environment that nurtures your skills and lets you make a real impact in healthcare.
10. Owens & Minor
(Up)Owens & Minor is definitely making waves in the healthcare tech game, and honestly, their move to amp up their tech cred by 2024 sounds promising.
From what I've gathered, they're not just talking the talk, but actually investing big bucks to transform their operations with cutting-edge solutions like automation, cloud computing, and Internet of Things (IoT) tech.
It's like they're on a mission to become the ultimate healthcare supply chain bosses.
With all these tech innovations in the works, Owens & Minor is creating a ton of new tech job opportunities.
We're talking roles like data scientists, cloud architects, cybersecurity experts, and software developers – the kind of gigs that get any self-respecting tech geek all hyped up.
And let's be real, the company's reputation as an employer is on point too. Current and former employees rave about the chill work-life balance, sweet benefits, and collaborative vibes that foster continuous learning and growth.
So, if you're someone who's all about making a real impact in the healthcare space while flexing your tech muscles, Owens & Minor might just be the place for you.
With their ambitious vision and commitment to innovation, they're definitely a company to keep an eye on as they continue to shake things up in the tech and healthcare worlds.
Conclusion and Future Prospects
(Up)Richmond is totally leveling up its tech game! This city's tech scene is blowing up, and by 2024, it's gonna be straight-up fire.
We're talking a wild 15% spike in tech job openings across the board, from startups to major players. What's fueling this epic rise? A combo of a thriving startup ecosystem, big companies investing hard, and top-notch schools churning out some seriously skilled talent.
The hottest trends for 2024? AI, cybersecurity, and data analytics are set to be total game-changers.
Check these mind-blowing stats from the Richmond Tech Council:
- AI and machine learning are conjuring up over 2,500 fresh job opportunities!
- Cybersecurity firms are bracing for a 20% surge in workforce demand. Talk about job security, am I right?
- Data analytics roles are skyrocketing by 25% as companies go all-in on data-driven decision-making.
Richmond's cost of living is on point, and the city's cultural vibe is an absolute steal.
Perfect for us techies who want to ball out without going broke, ya feel me? As Jennifer Brown, the CEO of a major local startup, said, "Richmond offers the full package – a booming tech scene and an epic quality of life.
Hard to top that combo."
Richmond is primed for greatness in 2024, whether you're a fresh grad or a seasoned pro.
This city's tech landscape is a playground for innovation, career growth, and living your best life. Don't sleep on Richmond – get in on the action and be part of its epic journey to tech hub stardom!
Frequently Asked Questions
(Up)What percentage of jobs in Richmond are in the tech industry?
The tech industry accounts for over 15% of jobs in the Richmond area.
How much does the tech industry contribute to Richmond's economy annually?
The tech industry brings in a massive $12.8 billion annually to Richmond's economy.
What criteria were used to rank the top tech companies to work for in Richmond in 2024?
The rankings considered work-life balance, management quality, opportunities for career advancement, training programs, and the companies’ commitment to creating an inclusive workplace. Data from sources including Glassdoor and PayScale were also analyzed.
Which tech companies are notable employers in Richmond as of 2024?
Some of the notable tech companies to work for in Richmond include Capital One, CarMax, Dominion Energy, Genworth Financial, and CoStar Group.
What are some future trends impacting job growth in Richmond's tech industry?
Future trends include a significant increase in job opportunities related to AI, cybersecurity, and data analytics. Richmond is expected to see a 15% growth in tech job openings by 2024.
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Chevas Balloun
Director of Marketing & Brand
Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.