Cocoon
Cocoon, formerly known as Glasswing, is a San Francisco-based company providing leave management software designed to streamline compliance, claims, and payroll processes for People teams and employees, primarily in the United States and Canada.
Company Overview
Cocoon, formerly known as Glasswing, is situated in San Francisco, CA, USA. The company operates primarily within the United States of America and America/Canada regions. Cocoon specializes in the consumer social industry, providing leave management software designed to streamline and automate the complexities of compliance, claims, and payroll for People teams and their employees. With a current team size of six, Cocoon aims to deliver a seamless employee experience while also offering private group spaces to stay connected.
Y-Combinator W19 Batch
Cocoon participated in the Y-Combinator W19 batch. This program is known for helping startups accelerate their growth by providing mentorship, resources, and funding opportunities. Participation in Y-Combinator signifies a credible boost in the company's formative years, contributing to its subsequent development and operational strategies.
Leave Management Software
Cocoon offers robust leave management software that automates the intricacies of compliance, claims, and payroll functionalities. The software ensures compliance with FMLA and state leave laws, dispatches the required notices, and reduces risks for distributed companies. This platform significantly enhances the employee experience by enabling seamless leave planning, precise claim filing, and accurate payroll tracking. On average, Cocoon's solutions save People teams hours of administrative work and recoup approximately $12,515 per leave in benefits payments.
Private Group Connectivity
In addition to its leave management solutions, Cocoon provides a unique platform that offers a private space for groups to gather and stay connected. This feature targets the consumer social industry by enabling intimate and secure communications among group members, thus fostering a closer and more engaged community.