STAT July 7, 2021
Erin Brodwin

Doximity exploded onto the public markets last month with an IPO that saw share values of the physician social networking startup double in 24 hours.

The company raised $500 million — and the eyebrows of many industry observers — with its stock market debut, its first public fundraise since 2014. More than 10,000 physicians participated in the IPO, making them the biggest collective Doximity shareholder, according to Nate Gross, the company’s co-founder and chief strategy officer.

One secret to the company’s success going from startup to stock market darling: It frequently pulls ideas from physician users and the members of its scientific advisory board, who regularly participate in company brainstorming sessions and events, Gross told STAT. That’s how Doximity came...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Investments, Physician, Primary care, Provider, Trends
Emergency Physicians Decry Surprise Air-Ambulance Bills
Optum to buy struggling Steward Health Care's physician group under proposed deal
Why Stark law remains in the spotlight
What hospital-at-home leaders can learn from hospitalists
Opinion: Primary care physicians should be at the heart of treating Alzheimer’s

Share This Article