1 in 8 couples face fertility problems when trying to get pregnant.
Funding for women’s health startups has surged, growing more than 8 times from 2014 to 2018, and it shows no signs of slowing down.
Family planning is a booming area for healthcare startups.
This rapidly growing sector is fueled by changes in the workforce and increasing infertility rates.
Currently, over 40% of large U.S. employers—those with more than 20,000 employees—provide coverage for IVF treatment, and nearly 20% offer coverage for egg freezing.
Progyny, a healthcare company focused on fertility benefits, has emerged as a leader in this space.
Progyny is the first fertility benefits provider to go public.
What is Progyny?
Progyny is a top fertility benefits management company in the US.
Founded in 2016, Progyny partners with large employers to provide fertility benefits to their employees.
In October 2019, Progyny went public, raising $130 million and reaching a valuation of $1.3 billion.
Today, Progyny’s services are used by over 460 major employers, offering coverage to more than 6.7 million people and helping them achieve their dreams of becoming parents.
How Progyny Works
Progyny offers a comprehensive suite of services designed to support individuals and couples on their path to parenthood through fertility treatments.
3 Key Lessons from Progyny’s Success for Fertility Care Startups
Progyny solutions are built on the framework of the industry-leading fertility benefit, which has consistently delivered 8 years of superior clinical outcomes.
Their success story offers valuable lessons for other healthcare startups and companies seeking to improve the fertility care experience.
Here are 3 key factors that have contributed to Progyny’s rise: (3rd is most important)
Progyny Portal: A Cornerstone of Patient Experience
The Progyny Member Portal is a secure online platform designed to empower patients throughout their fertility journey.
Progyny App offers a range of features that promote a seamless and supportive experience.
The Progyny Portal serves as a powerful example of how technology can transform the healthcare landscape.
By prioritizing patient needs, embracing transparency, and leveraging user-centric design, fertility care startups can develop innovative solutions that empower patients and contribute to a better overall healthcare experience.
How Technology Can Empower Your Fertility Care Like Progyny
To elevate your fertility care similar to Progyny, it’s essential to incorporate a mobile application into your digital strategy.
But make sure, a well-designed app can offer more than just basic services; it should provide a comprehensive digital experience for your patient.
Want Your Fertility Startup to Raise Big Funding & Become the Next Healthcare Giant?
The future of healthcare undeniably lies in technology.
Many fertility startups are creating apps and offering services.
But what will set your idea apart if you follow the same path?
You need more than just a developer for your app.
You need someone who understands healthcare inside and out, someone who shares your passion and vision.
You need a team that can conduct market research, assess the feasibility of your idea, identify gaps, and fill them with expertise and dedication.
That’s where we come in.
We are not just developers; we at SyS Creations are an army of business analysts, compliance professionals, QA engineers, and UI/UX designers.
We pour our hearts into every project, ensuring your app not only delivers services but also makes a real difference in people’s lives.
Imagine the impact your app could have—helping couples achieve their dreams of parenthood, making fertility care accessible and stress-free.
We are here to help you turn that vision into reality.
From a spark of an idea to a celebrated startup on Nasdaq, we will be with you every step of the way.
Connect with us, and let’s embark on this journey together.