ADP Ventures invests in strategic partner, Cocoon, for leave management

Cocoon, a provider of leave management solutions, is now available on ADP Marketplace

ADP has led the evolution of the workforce, with the employees at the center. Today marks another moment for continuing to shape the future of workforce management with Cocoon, a portfolio investment of ADP Ventures and provider of leave management solutions, officially launching on ADP Marketplace. Cocoon is designed to meet the evolving needs of mid-market employers amidst the complex regulatory landscape. Cocoon brings efficiency and innovation to the realm of leave and absence management. 

With the workforce management market becoming increasingly fragmented and regulatory requirements growing more intricate, organizations are seeking comprehensive coverage and digital solutions that help offer seamless processes, robust support, and can assist in compliance with a myriad of federal, state, and local regulations.  Cocoon helps address these challenges, offering leave coverage for various leave types as well as providing paperless processes and intuitive self-service user experiences with visibility into each leave. 

“ADP Ventures invests in startups focused on technology that enhances the human experience. We believe in Cocoon’s team and are excited about the innovative experience they have built for leave and absence. And we are also thrilled to have them join the ADP Marketplace", said Usman Khan. Integrated with ADP Workforce Now, Cocoon empowers our mid-market clients with the tools they need to navigate the complexities of leave management with ease and confidence.   

Learn more about Cocoon on ADP Marketplace.