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 ensures 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

N/A

Founded

N/A


Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as a TIME100 Most Influential Company and CNBC Disruptor 50 highlights Progyny's strong market position and growth potential.
  • The acquisition of Apryl allows Progyny to offer expanded global services, potentially increasing its client base and revenue.
  • Progyny's consistent superior clinical outcomes can lead to higher client satisfaction and retention.

What critics are saying

  • The highly specialized nature of Progyny's services may limit its market to employers willing to invest in fertility benefits.
  • Integration challenges with newly acquired companies like Apryl could disrupt operations and delay service enhancements.

What makes Progyny unique

  • Progyny specializes in comprehensive fertility and family-building benefits, setting it apart from general healthcare benefit providers.
  • The company's focus on superior clinical outcomes and seamless integration into existing benefits ecosystems provides a unique value proposition.
  • Progyny's recent acquisition of Apryl expands its global reach, enhancing its ability to serve multinational employers.

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Growth & Insights
Headcount

6 month growth

13%

1 year growth

23%

2 year growth

67%

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