Doximity

San Francisco, CA Healthcare IT Public

Doximity is the leading digital platform for U.S. medical professionals, operating a verified clinical membership network that includes over 80% of U.S. physicians across all specialties and practice areas. The platform provides workflow tools built for medicine, including secure messaging, digital faxing, telehealth (Doximity Dialer), career management, scheduling, and curated medical news. Doximity monetizes primarily through pharmaceutical manufacturer marketing solutions, hospital recruiting, and telehealth subscriptions. The company went public on the NYSE in June 2021 under the ticker DOCS.

Public Company

Doximity is publicly traded

IPO'd on June 24, 2021

DOCS NYSE

This company is no longer available on our private secondary market. Shares can be traded publicly under DOCS.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Employees

830–919

Total Funding

$81.8M

3 rounds

Last Private Valuation

$0.08B

April 29, 2014

Funding

Total raised $81.8M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series B

Date

October 11, 2012

Amount

$17M

Valuation

$0.08B

Lead Investors

Morgenthaler Ventures
DateRoundAmount RaisedValuationLead Investors
April 29, 2014 Series C $54M Draper Fisher Jurvetson, T. Rowe Price
October 11, 2012 Series B $17M $0.08B Morgenthaler Ventures
March 16, 2011 Series A $10.8M $0.04B Emergence Capital Partners, InterWest Partners

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2012 Doximity

Entry · Series A

$0.0B

Mar 2011

Doximity today

$0.1B

Oct 2012 · latest mark

Doximity multiple

2.1x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Jeff Tangney

    Co-Founder, Chief Executive Officer & Chairperson

    LinkedIn
  • Nate Gross

    Co-Founder & Chief Strategy Officer

  • Shari Buck

    Co-Founder & SVP, People & Operations

  • Matt Sonnefeld

    Chief Financial Officer

  • Steve Zatz

    President

  • Jey Balachandran

    Chief Technology Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Sermo

    Global peer-to-peer physician social network focused on clinical case discussions, second opinions, and paid medical surveys for HCPs.

  • Figure 1

    Mobile-first medical image-sharing and case discussion platform for healthcare professionals worldwide.

  • Medscape

    WebMD-owned clinical reference, medical news, and CME platform with a large physician audience, competing for HCP advertising spend.

  • LinkedIn

    General professional network owned by Microsoft; competes with Doximity for physician recruiting and HCP-targeted marketing.

  • PulsePoint

    Health-focused programmatic advertising and audience data platform for pharma marketers reaching HCPs and consumers.

Doximity Investment FAQ

Doximity FAQ

Yes, Doximity is publicly traded under the ticker symbol DOCS on the NYSE. The company went public in June 24, 2021.

Doximity trades under the ticker symbol DOCS on the NYSE. It began trading in June 24, 2021.

Doximity (DOCS on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker DOCS to place an order.

Doximity went public in June 24, 2021 via ipo, with an offering valuation of approximately $0.08B. Doximity completed its IPO on the NYSE on June 24, 2021 under ticker DOCS, pricing an upsized offering of 23.3M Class A shares at $26.00 (above the $20-23 range). Shares opened at $41.17 and closed the first day at $53, more than doubling the IPO price and giving the company a market cap of approximately $9.4 billion on day one. The IPO raised approximately $605.8 million in gross proceeds. The company trades publicly on NYSE as DOCS.

Doximity raised $81.8M across 3 disclosed funding rounds prior to its public listing.

Doximity was co-founded by Jeff Tangney, Nate Gross, and Shari Buck in 2010.

Doximity is headquartered in San Francisco, CA.

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