Quick Take
Progyny (PGNY) has filed to raise gross proceeds of up to $100 million from a U.S. IPO, according to an S-1 registration statement, although the final figure may differ.
Progyny operates as a benefits management company, specializing in fertility and family-building benefits in the US.
PGNY is a fast-growing firm with breakeven operating and net results and a potentially highly-leveraged revenue model.
I’ll provide an update when we learn more IPO details from management.
Company & Technology
New York-based Progyny was founded in 2008 to provide US organizations and their