
Doximity (DOCS) is a publicly traded Clinical Workflow Platforms company founded in 2010 and based in San Francisco, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jun 24, 2021 | IPO | $494.3M | $4.6B | — |
| Apr 29, 2014 | Series C | $54M | — |
| DFJ (Draper Fisher Jurvetson), T. Rowe Price |
| Sep 5, 2012 | Series B | $17M | — | Morgenthaler Ventures |
| Mar 16, 2011 | Series A | $10.8M | — | Emergence Capital Partners, InterWest Partners |
Doximity reported fiscal Q1 2027 (ended June 30, 2026) revenue of $156.6 million, up 7% year-over-year from $145.9 million. GAAP net income fell to $24.3 million (15.5% margin) from $53.3 million (36.5% margin) in the prior year. The margin contraction reflects higher stock-based compensation ($36.8M vs. $21.9M YoY) and elevated R&D expenses, which jumped 43% to $38.5 million to support AI development. The company reported workflow active prescriber growth of over 30% year-over-year and AI Search query growth exceeding 25% quarter-over-quarter. Adjusted EBITDA declined 6% to $74.8 million with a 47.7% margin versus 54.7% prior year. Operating cash flow fell 32% to $42.0 million. Management issued Q2 guidance of $170–171 million revenue and adjusted EBITDA of $80.5–81.5 million, and updated full-year FY2027 guidance to $671–681 million revenue and $309–329 million adjusted EBITDA.
Q2 FY2027: revenue $170–171M, adjusted EBITDA $80.5–81.5M; FY2027: revenue $671–681M, adjusted EBITDA $309–329M
Doximity Dialer is a telehealth platform built specifically for physicians that enables HIPAA-compliant video visits and phone calls with patients. It integrates directly with the Doximity network, allowing doctors to connect with patients using their preferred phone number while keeping their personal number private. Used by over 100,000 physicians across the US, it streamlines virtual care without requiring patients to download a separate app.
Doximity Fax is a digital fax service designed to replace traditional fax machines in healthcare settings. It allows physicians to send, receive, and sign documents securely from their smartphone, tablet, or computer. Integrated with the Doximity network, it eliminates the need for physical fax hardware and paper, speeding up clinical workflows and referrals while maintaining HIPAA compliance.
Doximity's core professional networking platform connects over 80% of US physicians and 65% of nurse practitioners and physician assistants. It provides curated medical news, peer collaboration tools, secure messaging, and a digital directory of healthcare professionals. The platform also includes career management features such as job listings, salary benchmarking, and continuing medical education resources, serving as the digital backbone for the medical community.
Doximity AI Scribe, powered by DoxGPT, is an ambient AI documentation tool that automatically generates clinical notes from patient visits. It listens to physician-patient conversations in real time and produces structured medical documentation directly within the EHR workflow. Designed to reduce physician burnout by eliminating manual charting, it allows doctors to focus on patient care rather than administrative data entry.





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