Allen Klee

Kim Malice

- **Health In Tech (HIT)** has expanded its **Enhanced Do-It-Yourself Benefit System (eDIYBS)** to now serve the **mid- and large-employer market**, moving beyond its established small-employer base.  **[2019505_20250922CN80564:0]** 
- This upgrade enables brokers for employers with **150 or more employees** to upload claims files for AI-driven processing, resulting in **accurate, bindable quotes** delivered in **10-14 days**, a significant reduction from the previous several months.  **[2019505_20250922CN80564:0]** 
- The expansion is expected to **significantly increase HIT's total addressable market** by unifying underwriting for all employer sizes on one seamless platform.  **[2019505_20250922CN80564:0]**

Health In Tech Expands eDIYBS to Large Employer Market

- Health In Tech (HIT) reported strong financial results for the first half of 2025, with **Q2 revenue of $9.3 million**, an **86% year-over-year increase**, and **H1 revenue of $17.3 million**, achieving **89% of its full-year 2024 revenue**.  **[2019505_2145539_2]** 
- Profitability also saw significant growth, with **Q2 adjusted EBITDA at $1.6 million**, a **134% year-over-year increase**, and **H1 adjusted EBITDA of $2.8 million**, exceeding its entire 2024 adjusted EBITDA.  **[2019505_2145539_2]**  The company's cash position was **$8.1 million** as of Q2 2025, reflecting positive operating cash flow.  **[2019505_2145539_3]** 
- The company is expanding its platform to target **medium to large-sized businesses** (150 to 1,000 employees), with a project launch expected in **Q3 2025** to reduce the insurance shopping cycle for these groups from three months to two weeks.  **[2019505_2145539_4]** 
- Health In Tech anticipates maintaining a **50% year-over-year growth rate** for 2025, leveraging its digitally enabled insurtech platform that uses machine learning and AI to provide faster, more affordable, and customizable healthcare plans for small businesses.  **[2019505_2145539_1]** **[2019505_2145539_5]**