Progyny is a benefits management company that provides fertility, family building, and women's health benefits solutions to large self-insured employers, labor organizations, and government agencies in the United States. The company's core offering is an integrated fertility benefits solution featuring proprietary treatment bundles called Smart Cycles, an actively managed network of fertility specialists, care management services delivered by trained advocates, and a complementary pharmacy benefits service that provides access to fertility medications. Progyny generates revenue through bundled case rates paid by clients for each fertility treatment cycle completed, per-employee-per-month fees for access to care advocates and digital tools, and direct member cost-sharing payments; the company serves hundreds of employers representing millions of covered lives across diverse industries and is expanding into adjacent women's health areas including pregnancy, postpartum care, and menopause support.