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Offcall launches with $2M seed to fight physician burnout Backed by Bloomberg Beta, Roar Ventures & 26 practicing physicians Free verified compensation database for doctors From the creator of MDCalc, used by ~70% of US physicians "Financial vital signs" for the medical workforce Offcall launches with $2M seed to fight physician burnout Backed by Bloomberg Beta, Roar Ventures & 26 practicing physicians Free verified compensation database for doctors From the creator of MDCalc, used by ~70% of US physicians "Financial vital signs" for the medical workforce
Company Dossier / Health & Fintech San Francisco, CA · Est. 2024
Offcall logo

The salary data doctors were never supposed to see.

Offcall is a financial and career platform built by and for physicians - free compensation data, money tools, and a place to talk honestly about the business of being a doctor.

CAPTION - A wordmark on a navy field. Behind it: 26 doctors who wrote checks into the tool they wished they'd had, and one very old idea - that people work better when they know what they're worth.

Seed: $2M Founded: Dec 2024 HQ: San Francisco Team: ~12 Category: Health / Fintech
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The Filing

A company that sells doctors nothing, and is betting everything on it.

There is a strange fact about American medicine, which is that the people who spend a decade learning to read a patient's vital signs will then sign an employment contract knowing almost nothing about what that contract is actually worth. They will interpret a lactate level to three decimals and negotiate their own salary on a hunch. Offcall, a San Francisco company that launched in December 2024 with $2 million and a wordmark, thinks this is backwards - and it has built a database to prove it.

The pitch is deceptively small. Offcall gives physicians free access to a verified database of job and compensation data: not just pay, but patient volume, call schedules, benefits, and what the company politely calls "administrative culture," which is a clinical way of describing whether your boss is going to make your life miserable. Around that database it stacks financial resources - student debt, retirement, taxes, negotiation - and a community where doctors can say the quiet part out loud, which is how much money everyone actually makes.

That the quiet part needs saying at all is the whole business. Compensation in medicine is famously opaque. Survey data exists, but it is aggregated, lagging, and sold. The good information travels the way it always has: whispered in hallways, over coffee, between residents comparing offers. Offcall's bet is that you can write that down, verify it, and hand it back to everyone for free - and that doing so is not a nice-to-have but a treatment for a specific ailment.

The Thesis

Burnout, reframed as an information problem.

Physician burnout is usually told as a story about hours - too many shifts, too much charting, not enough sleep. Offcall tells a different version. Its cofounders argue that a large part of the misery is informational: doctors lose autonomy because they make career and money decisions blind, and blindness is expensive. If you don't know what the job down the road pays, you can't leave the one that's grinding you down. Transparency, in this telling, isn't a moral gesture. It's leverage.

Physicians would never make clinical decisions without knowing patients' vital signs. But when it comes to our own finances and where to work, we lack financial vital signs.
- Dr. Graham Walker, Cofounder
By The Numbers

The dossier, quantified.

$2M
Seed round, Dec 2024
26
Physician investors
~70%
US doctors using MDCalc*
$0
Cost to physicians
~12
Team members

*MDCalc is the earlier tool built by cofounder Dr. Graham Walker - the reach that seeded Offcall's credibility with physicians.

The Principals

A media founder and an ER doctor walk into a cap table.

Cofounder & CEO

Stanford graduate who previously cofounded Mic, the New York digital-media company, then spent years advising venture-backed healthcare startups. He is married to an emergency-room nurse, which is either a coincidence or the origin story, depending on how you tell it. At Offcall he runs the business and the pitch.

Dr. Graham Walker
Cofounder & Host, How I Doctor

A practicing San Francisco emergency physician with 16 years on the floor, and the builder behind MDCalc and theNNT - free clinical tools trusted by a large share of US doctors. He has done the "give physicians reliable data, free" thing before. Offcall is the same instinct pointed at their careers instead of their patients.

What You Can Actually Do With It

Five things sitting on one database.

Compensation Database

Search verified physician pay by specialty, plus patient volume, call schedules, benefits and administrative culture. Compare offers confidentially before you sign - the closest thing medicine has to a Glassdoor built for it.

Financial & Career Resources

High-yield guides on the stuff nobody teaches in residency: student debt, retirement planning, taxes, and how to negotiate without flying blind.

Physician Community

A digital space to connect with peers and talk candidly about money and careers - the hallway conversation, made searchable.

How I Doctor Podcast

A weekly show where Dr. Graham Walker interviews influential physicians about building a career worth staying in. Guests have ranged from Mark Cuban to Dr. Glaucomflecken.

Referrals

A clinician network aimed at making medical referrals between physicians simpler - "medical referrals, made simple," as the site puts it.

The Cap Table Tell

Who backed the $2M - and why it's unusual.

Most health-tech seed rounds are stacked with institutional funds. Offcall's is stacked with doctors. The illustrative split below reads the composition of its backers - a signal that the people closest to the problem were willing to fund it.

Physician angels
26 MDs
Bloomberg Beta
Lead
Roar Ventures
Partner

Bars illustrate the mix of investor types, not exact dollar allocations. Physician backers include Shiv Rao MD (Abridge), Joseph Habboushe MD (MDCalc) and Cheri Blauwet MD.

The Record

A short, fast history.

DEC 2024

Offcall launches publicly with $2M in seed funding from Bloomberg Beta, Roar Ventures and 26 practicing physicians.

DEC 2024

Rolls out free access to a verified physician compensation database and financial resources across iOS, Android and web.

2025

Releases The Physicians Guide to AI in partnership with MD+, and keeps shipping the weekly How I Doctor podcast.

Marginalia

Five things worth clipping out.

Cofounder Dr. Graham Walker built MDCalc, a clinical calculator used by roughly 70% of US physicians.
CEO Jake Horowitz previously cofounded the media company Mic - and is married to an ER nurse.
The How I Doctor podcast has hosted guests from Mark Cuban to Dr. Glaucomflecken.
Offcall borrows a clinical metaphor for a money problem: "financial vital signs."
Its cap table has 26 practicing doctors funding the tool they wish had existed.
Watch & Listen

Interviews & the podcast.

The Rolodex

Where to find Offcall.

SOURCES: Offcall.com, MobiHealthNews, HIT Consultant, Axios Pro, Crunchbase, FinSMEs, citybiz, Pulse 2.0. Figures approximate where noted.