Doximity

Digital platform for healthcare professionals

San Francisco, California, United States

About Doximity

Doximity is a digital platform that supports healthcare professionals in the United States, including doctors and nurses. It offers a variety of tools aimed at improving communication and collaboration among medical practitioners. The platform includes a social networking feature that allows users to connect and share medical insights, a residency navigator to help medical students track their residency applications, and telehealth services for virtual patient consultations. Doximity stands out from competitors by focusing specifically on the needs of healthcare workers and generating revenue through targeted advertising, premium subscriptions, and telehealth usage fees. The company's goal is to enhance the professional lives of healthcare providers by streamlining their communication and access to important resources.

San Francisco, CaliforniaHeadquarters
2010Year Founded
$79.6MTotal Funding
IPOCompany Stage
Enterprise Software, HealthcareIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Family Planning Benefits
Paid Vacation
Paid Holidays
Wellness Program

Risks

Increased competition from platforms like Teladoc could erode Doximity's market share.
Class action lawsuits may damage Doximity's reputation and financial standing.
Workforce reduction by 10% could impact Doximity's operational efficiency and innovation.

Differentiation

Doximity connects over 70% of U.S. physicians, offering unparalleled networking opportunities.
The platform integrates telehealth, networking, and career management tools for medical professionals.
Doximity's residency navigator aids medical students in organizing and tracking applications.

Upsides

Increased telehealth adoption post-pandemic boosts demand for Doximity's virtual consultation services.
AI integration in healthcare offers Doximity opportunities for enhanced service delivery.
The shift towards value-based care increases demand for Doximity's communication solutions.

Funding

Total raised$79.57 M
Latest valuation$9.50 B
StageIPO