HIT News & Events

Health In Tech files $300M mixed securities shelf

Health In Tech reiterated guidance for 2026 annual revenue ranging between $45M-$50M, representing year-over-year growth of approximately 35% to 50%. As of March 31, 2026, the company's contracted revenue for the remaining three quarters of 2026 totaled $22.9 million, which the company believes provides useful visibility into 2026 full year revenue. Health In Tech's revenue outlook is based on management's current expectations and assumptions, including continued strong demand for the company's AI-enabled underwriting marketplace across the self-funded health insurance segment and successful deployment of new features. Actual results may differ materially due to risks and uncertainties described in Health In Tech's filings with the SEC.

Reports Q1 revenue $8.8M, consensus $7.46M. Tim Johnson, Chief Executive Officer of Health In Tech, commented, "In the first quarter of 2026, we continued to execute on strategic priorities to scale our innovative AI-powered self-funded health insurance marketplace and drive revenue growth. In March, we successfully completed a private investment in public equity financing, which provided the Company with approximately $7 million in gross proceeds. We intend to allocate a portion of these proceeds to growth initiatives, including expanding our sales team, broadening our marketing activities, delivering new marketplace offerings, and enhancing the technology architecture and data analytics that underpin our disruptive platform. Through these measures we aim to increase the number of brokers, agencies, third party administrators, and carriers that utilize our efficient, cost-effective ecosystem."

Health In Tech files to sell 5.6M shares of Class A common stock for holders