Progyny Inc (PGNY is a benefits management company specializing in fertility and family building benefits solutions for the US market. The company went public in the last week of October 2019 and announced its third quarter results on December 4th 2019. I build the investment case by analyzing the company’s value proposition and show how it is superior to competitors. I also use some key financial metrics like gross profit and operating efficiency extracted from the latest Q3-2019 earnings as well as the IPO filing documents to support my view. I also consider