History
The company was launched in March 2011 by co-founders Nate Gross, [4] Jeff Tangney [5] and Shari Buck. [6]
In 2013, founder Jeff Tangney remained CEO [7] while the company was based in San Mateo, California. [8]
By 2013, it became one of the largest networks for U.S. healthcare professionals, with approximately 10 percent of U.S. doctors as members. [9] [10] [11]
By the beginning of 2014, 40 percent of U.S. physicians became members. [12] [13] In 2016, it began offering a free service for doctors to call patients using their work number on their mobile phones. [14] In 2018, the company announced that it had reached 1 million members, accounting for more than 70 percent of U.S. physicians. [15] In 2021, Doximity served more than 2 million registered members, including over 80 percent of U.S. physicians and over 50 percent of nurse practitioners and physician assistants. [16]
In 2016, the company was ranked #6 on the Deloitte Technology Fast 500 list. [17]
In November 2019, Doximity was listed on the Deloitte Technology Fast 500 list for the fourth consecutive year. [18]
In May 2020, the company added video. [14] Dialer Video, a video telehealth app, allows physicians to video call patients through personal smartphones. [19]
In June 2020, Doximity Acquires THMED and launches the Curative Brand. Curative is a staffing and recruiting company offering permanent and Locum/Temporary placement services. [20] [21]
In May 2021, Doximity, a professional network for physicians with telehealth and scheduling tools, filed for an initial public offering (IPO) seeking to raise $100 million. Morgan Stanley, Goldman Sachs and J.P. Morgan Securities were the lead underwriters for the IPO. Doximity raised nearly $606 million in its IPO. [22] [23] In its June 2021 IPO on the NYSE, gave it a market cap shortly after its debut of $9.4 billion. [14]
In 2021 August, CNBC reported that the site's news feed was "inundated" with vaccine misinformation shared among physicians, despite Doximity's community guidelines banning medical misinformation. [24] AT the time, 80% of its revenue came from ads paid by pharmaceutical firms and hospitals, and directed at physicians on the site. [25]
By 2022, it was based in San Francisco, California. [26]
In November 2023, Doximity released DocDefender, a free service that removed a physician's personal phone numbers and addresses from public websites. Doximity continued to be used by around 80% of US doctors. [27]
Acquisition
In June 2020, Doximity acquired THMED, a healthcare company. Following the purchase, THMED changed its name to Curative and started concentrating on customized medical-personnel queries. [34]
In February 2022, Doximity acquired Amion, an on-call doctor scheduling company. [35]
In August 2025, Doximity acquired Pathway Medical, a Canadian startup specializing in medical AI and evidence-based clinical reference tools. [36]
US$475.4 million (2024)
US$1,079.4 million (2024)