About
Doc2Doc is a Georgia-based lending platform that offers personal and commercial loans for doctors and physician practices.
- Atlanta, United States of America
- Legal Name: Doc2Doc INC
- Company ID:
- Year Founded: 2017
- Industry: Financial Services
- Website: https://www.doc2doclending.com/
- SEC Filings
Highlights
$50M
CF Valuation
$0
Total Raised
$2.6M
Revenue
12
Employees
Indicators
Profit Margin
-131.3%
(-9.1%)
2023: -122.2%
Current Ratio
4.53
(-97.5%)
2023: 184.58
Revenue Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,563,007 | $4,300,755 | -40% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,563,007 | $4,300,755 | -40% |
| Other Costs | -$5,929,359 | -$9,554,286 | -38% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$3,366,352 | -$5,253,531 | -36% |
| BALANCE SHEET | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,914,808 | $3,962,307 | -1% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,914,808 | $3,962,307 | -1% |
| Other Assets | $3,653,859 | $30,725,089 | -88% |
| Total Assets | $7,568,667 | $34,687,396 | -78% |
| Short Term debt | $1,672,360 | $187,922 | 790% |
| Long Term debt | $346,813 | $28,512,385 | -99% |
| Total Debt | $2,019,173 | $28,700,307 | -93% |
| Other Liabilities | $5,549,494 | $5,987,089 | -7% |
| Total Liabilities | $7,568,667 | $34,687,396 | -78% |
Revenue Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,563,007 | $4,300,755 | -40% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,563,007 | $4,300,755 | -40% |
| Other Costs | -$5,929,359 | -$9,554,286 | -38% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$3,366,352 | -$5,253,531 | -36% |
| BALANCE SHEET | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,914,808 | $3,962,307 | -1% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,914,808 | $3,962,307 | -1% |
| Other Assets | $3,653,859 | $30,725,089 | -88% |
| Total Assets | $7,568,667 | $34,687,396 | -78% |
| Short Term debt | $1,672,360 | $187,922 | 790% |
| Long Term debt | $346,813 | $28,512,385 | -99% |
| Total Debt | $2,019,173 | $28,700,307 | -93% |
| Other Liabilities | $5,549,494 | $5,987,089 | -7% |
| Total Liabilities | $7,568,667 | $34,687,396 | -78% |
| INCOME STATEMENT | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,563,007 | $4,300,755 | -40% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,563,007 | $4,300,755 | -40% |
| Other Costs | -$5,929,359 | -$9,554,286 | -38% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$3,366,352 | -$5,253,531 | -36% |
| BALANCE SHEET | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,914,808 | $3,962,307 | -1% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,914,808 | $3,962,307 | -1% |
| Other Assets | $3,653,859 | $30,725,089 | -88% |
| Total Assets | $7,568,667 | $34,687,396 | -78% |
| Short Term debt | $1,672,360 | $187,922 | 790% |
| Long Term debt | $346,813 | $28,512,385 | -99% |
| Total Debt | $2,019,173 | $28,700,307 | -93% |
| Other Liabilities | $5,549,494 | $5,987,089 | -7% |
| Total Liabilities | $7,568,667 | $34,687,396 | -78% |
| INCOME STATEMENT | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,563,007 | $4,300,755 | -40% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,563,007 | $4,300,755 | -40% |
| Other Costs | -$5,929,359 | -$9,554,286 | -38% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$3,366,352 | -$5,253,531 | -36% |
| BALANCE SHEET | 2024 | 2023 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,914,808 | $3,962,307 | -1% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,914,808 | $3,962,307 | -1% |
| Other Assets | $3,653,859 | $30,725,089 | -88% |
| Total Assets | $7,568,667 | $34,687,396 | -78% |
| Short Term debt | $1,672,360 | $187,922 | 790% |
| Long Term debt | $346,813 | $28,512,385 | -99% |
| Total Debt | $2,019,173 | $28,700,307 | -93% |
| Other Liabilities | $5,549,494 | $5,987,089 | -7% |
| Total Liabilities | $7,568,667 | $34,687,396 | -78% |
Indicators
Profit Margin
-131.3%
(-9.1%)
2023: -122.2%
Current Ratio
4.53
(-97.5%)
2023: 184.58
Efficiency Ratio
∞
(0%)
2023: ∞
Key figures
| INCOME STATEMENT | 2024 | 2023 |
|---|---|---|
| Revenue Growth | -40% | ∞ |
| Profit Margin | -131% | -122% |
| Current Ratio | 5% | 185% |
| Efficiency Ratio | 0% | 0% |
| Solvency Ratio | -167% | -18% |
| Debt Ratio | 27% | 83% |
Funding History
1 Funding Round
$1,079,767Total Raised
$50,036,800CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $1,079,767 | StartEngine | Equity | $50M valuation | — | SEC Reg CF | 115 days | Feb 03, 2025 |
