Progyny

Progyny

Fertility benefits management for employers

About

Progyny provides fertility benefits management services to employers, helping them offer comprehensive support for employees seeking fertility treatments and family-building options. Their services include intrauterine insemination (IUI), in vitro fertilization (IVF), fertility preservation, adoption assistance, and surrogacy support. Progyny partners with employers to integrate these benefits into their existing employee packages, aiming to improve clinical outcomes and reduce costs associated with fertility treatments. Unlike many competitors, Progyny focuses on delivering superior clinical results that exceed national averages and offers a seamless integration into benefits systems. The company's goal is to meet the growing demand for fertility and family-building benefits, supporting employees' reproductive health and well-being.

Company Stage

IPO

Employees

501-1,000

Industries

Financial Services, Healthcare

Total Funding

$95.6M

Headquarters

New York City, New York

Founded

2008


Simplify Jobs

Simplify's Take

What believers are saying

  • Increasing employer demand for fertility benefits drives growth in Progyny's sector.
  • Acquisition of Apryl expands Progyny's global reach to over 100 countries.
  • Recognition as a TIME100 Most Influential Company underscores Progyny's strong market position.

What critics are saying

  • Investigation into potential federal securities law violations could lead to legal challenges.
  • Integration challenges from Apryl acquisition may affect service delivery and satisfaction.
  • Increased competition from initiatives like #FertilityCovered badge could impact market share.

What makes Progyny unique

  • Progyny offers comprehensive fertility benefits, including IVF, IUI, and surrogacy support.
  • The company partners with employers to integrate fertility benefits into existing packages.
  • Progyny's clinical outcomes consistently exceed national averages, enhancing its value proposition.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

25%

2 year growth

70%

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