Doximity

Doximity

Digital platform for healthcare professionals

About

Doximity is a digital platform that supports healthcare professionals in the United States, including doctors, nurses, and other medical practitioners. It offers a variety of tools aimed at improving communication, collaboration, and information sharing within the medical community. Key features include a social networking platform for professionals to connect and share insights, a residency navigator that assists medical students and residents in managing their residency applications, and telehealth services that allow doctors to conduct virtual consultations with patients. Doximity differentiates itself from competitors by focusing specifically on the needs of healthcare workers and providing a comprehensive suite of services tailored to their professional lives. The company's goal is to enhance the efficiency and effectiveness of healthcare professionals by facilitating better networking, application management, and patient consultations.

Company Stage

IPO

Employees

501-1,000

Industries

Enterprise Software, Healthcare

Total Funding

$79.6M

Headquarters

San Francisco, California

Founded

2010


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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Doximity unique

  • 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.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

1%

2 year growth

1%

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

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