Progyny, a fertility and family building benefits provider, has announced the acquisition of BenefitBump, a parental leave benefits navigation program. The acquisition expands Progyny’s service offering beyond fertility and family building to include support for families during pregnancy, parental leave, and early childhood.
“The acquisition of BenefitBump extends our ability to provide compassionate and dedicated support to give members more confidence along their parenting journey,” said Pete Anevski, Chief Executive Officer, Progyny. “BenefitBump’s high-touch, guided support integrates seamlessly into our existing patient care model and aligns with our commitment to improving member well-being through a higher standard of care.”
The enhanced service suite will include a clinical social worker-led parental wellness program, comprehensive parental leave and benefits navigation, care and resource navigation for child behavior concerns and neurodiverse care, and clinician-facilitated peer support groups.
“Navigating employee benefits and leave programs is complex and adds unnecessary stress for families. Every new parent will experience leave, yet it has been an underserved area. BenefitBump was built by listening to the challenges and needs of parents, with the goal of easing their anxiety and ensuring employers and employees get the most value from family support investments,” said Scott Liebman, Founder, BenefitBump.
The acquisition aims to address a significant need, with 90% of parents seeking greater support to manage responsibilities at work and home. The combined offering is designed to reduce member stress and improve recruitment, return-to-work, and retention rates while fostering proactive child and family health.
