PGNY

Progyny, Inc. provides fertility and family building benefits solutions to employers across the United States. Headquartered in New York City, the company operates a comprehensive fertility benefits platform that integrates clinical expertise, network management, and personalized patient support. Progyny's core offering includes access to a nationwide network of fertility specialists, in vitro fertilization (IVF) coverage, fertility preservation services, and adoption and gestational carrier support. The company serves approximately 430 employer clients representing over 4 million covered lives as of 2024, including Fortune 500 companies and other large self-insured employers seeking specialized reproductive health benefits. Progyny's business model centers on a Smart Cycle approach that bundles fertility services into comprehensive treatment episodes rather than traditional insurance claim structures, allowing for more predictable costs and improved clinical outcomes. The company employs Patient Care Advocates who provide dedicated support throughout members' fertility journeys. Recent developments include consistent member growth and expanding service offerings beyond traditional fertility treatments to include menopause management and broader women's health services. Progyny differentiates itself through high member satisfaction rates, strong reimbursement relationships with fertility clinic networks, and proprietary technology that streamlines treatment coordination. The company went public in 2019 and has established itself as a leading specialized benefits manager in the fertility benefits sector.