Doximity, a startup that positions itself as a “LinkedIn for doctors,” today said it has signed up more than 50 percent of all U.S. physicians in three years.
After doubling in 2013, San Mateo-based Doximity said it’s growth accelerated in 2014 to now over 400,000 members, making it “the largest secure network of doctors ever created,” the company said.
Since its launch in 2011, the company, founded by CEO Jeff Tangey, has provided a platform for physicians to connect, collaborate, and collectively provide better care for their patients.To date, physicians have made 21.2 million professional connections on Doximity, averaging 53 colleagues per member, the company said.
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“We’re excited about 50 percent — it’s a huge milestone for us — but we still have a long way to go toward our vision of building a safe corner of the internet for clinicians to collaborate,” Tangney said in a statement.”As it stands today, physicians waste a third of their time on redundant paperwork, faxes, phone tag, and pagers. With our referral directory, secure email, scheduling, and collaboration tools, we’re doing our best to help.”
Doximity raised $54 million in venture funding in April 2014. That remains untouched, the company said, because it experienced its first cash-flow positive month earlier this year. Doximity said it has established business relationships with some of the most-respected leaders in healthcare, including 4 of the top 5 medical schools; over 200 hospitals; and U.S. News & World Report.
