Doximity IPO
Doximity operates a professional network and digital platform specifically for healthcare professionals, connecting physicians and enabling secure medical communications. The company also provides telemedicine tools and serves as a platform for medical education and professional development within the healthcare community.
Key Facts
| Industry | Healthcare Technology |
| Founded | 2010 |
| Headquarters | San Francisco, CA |
| Employees | ~800 |
| Website | doximity.com |
| Funding | IPO in June 2021 at $26 per share. Total raised: ~$539M |
About Doximity
Doximity operates the largest professional medical network in the United States, connecting over 80% of U.S. physicians and 50% of nurse practitioners and physician assistants. The platform serves as a digital hub for medical professionals to collaborate on patient care, access medical news, earn CME credits, and advance their careers through job opportunities.
Beyond networking, Doximity has built a comprehensive telehealth platform that enables secure video calling, messaging, and patient communication tools. The company generates revenue through pharmaceutical advertising, recruitment services, and telehealth solutions, positioning itself as essential infrastructure for modern healthcare communication and professional development.
IPO Status
Doximity went public in June 2021 on the New York Stock Exchange under ticker DOCS, raising approximately $501 million. The company priced its IPO at $26 per share and saw strong initial demand, with shares surging significantly on the first day of trading. The stock experienced high volatility in its first year as a public company, reflecting both the enthusiasm for healthcare technology stocks and later concerns about growth sustainability. Doximity has focused on expanding its platform capabilities and growing its user base of healthcare professionals while working to diversify its revenue streams beyond traditional advertising models.
Competitors
Frequently Asked Questions
Does Doximity have a stock?
Yes, Doximity completed its IPO in June 2021. The professional healthcare network went public on the NYSE under ticker DOCS.
When is the Doximity IPO date?
Doximity already completed its IPO on June 24, 2021. The company raised approximately $501 million in the public offering.
How can I buy Doximity stock?
You can buy Doximity stock through any brokerage account as it trades on the NYSE under ticker DOCS. The stock has been publicly available since June 2021.
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