Health In Tech, Inc. Class A (HIT)

In March 2026, Health In Tech closed a $7.0 million private placement and reported its Fourth Quarter and Full Year 2025 financial results, with full-year revenues up 71% and Adjusted EBITDA up 81%; the stock price underperformed the S&P500 Index by -56.34% over the past six months. In February 2026, Sri Rajagopalan was appointed as Chief Technology Officer, and the stock price surged by 6.56% on February 26, 2026. In January 2026, Zain Hasan was appointed as Chief Growth Officer, and the hitDavos 2026 Independent InsurTech Summit agenda was unveiled; shares were down 35% in January 2026. In December 2024, Health In Tech raised $9 million in an IPO, issuing 2,300,000 shares at $4.00 per share.

Demand for Health In Tech, Inc.'s products and services exhibits seasonality. The second and third quarters (Q2 and Q3) are typically slower sales seasons due to employer health insurance renewal cycles predominantly occurring in the fourth quarter (Q4) and first quarter (Q1).

Health In Tech, Inc. (HIT) is an AI-enabled InsurTech platform company founded in 2014 and headquartered in Stuart, Florida. It operates in the Technology sector, specifically in the Software - Application industry, offering a marketplace for customized healthcare plan solutions. Its major products and services include reference-based pricing, group insurance captives, community health plans, association health programs for small businesses, Enhance Do It Yourself Benefit System (eDIYBS), Health Intelligence (HI) card, HI performance network, and ancillary products. The company's business model is capital-light, as it does not take on insurance risk directly.

As of December 31, 2025, Health In Tech, Inc. operates in 40 states, serving 795 employer clients and 22,515 covered employees. The company works with 583 brokers, 12 Third-Party Administrators (TPAs), and 263 additional third-party agencies across these states.

In the past year, Health In Tech has focused on strategic collaborations and platform advancements, which generally contribute positively to its brand reputation. Key events include a strategic collaboration with Amazon Web Services (AWS) Advanced Tier Service Partner Ciklum, the inaugural Independent hitDavos InsurTech Summit, leadership appointments, and strong revenue growth.

Health In Tech, Inc. has a mixed ownership structure. Individual insiders hold a significant majority, with approximately 74.28% to 76% of the company's stock. The largest individual shareholder is CEO Tim Donald Johnson, owning 41.38% to 56% of the company. Julia Qian is the second-largest shareholder, owning 19% of common stock. Institutional investors hold a smaller percentage, ranging from approximately 0.19% to 3.72% of the stock. Retail investors hold approximately 22.72% to 37.12% of Health In Tech, Inc. Class A stock.