Health In Tech Appoints Former SAP and IBM Executive Sri Rajagopalan as Chief Technology Officer to Advance AI-driven Enterprise-Grade Platform Growth

Rhea-AI Summary

Health In Tech (Nasdaq: HIT) appointed Sri Rajagopalan as Chief Technology Officer, effective Feb 23, 2026. He served as Interim CTO since November 2025 and will lead product engineering, cloud-native platform scaling, AI roadmap, data governance, and cybersecurity.

The role emphasizes modernizing enterprise-grade platform architecture to support underwriting, claims, benefits administration, and expansion to larger carrier and broker partners.

Positive

• CTO appointment effective Feb 23, 2026
• Interim CTO since November 2025 with documented platform modernization efforts
• Mandate to scale AI-enabled, cloud-native enterprise platform

Negative

• No financial or timeline metrics provided for platform ROI or partner commitments

News Market Reaction – HIT

+1.67%

1 alert

+1.67% News Effect

+$1M Valuation Impact

$68M Market Cap

0.0x Rel. Volume

On the day this news was published, HIT gained 1.67%, reflecting a mild positive market reaction. This price movement added approximately $1M to the company's valuation, bringing the market cap to $68M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q3 2025 revenue: $8,490,093 Q3 2024 revenue: $4,458,921 Q3 2025 net income: $452,176 +5 more

8 metrics

Q3 2025 revenue $8,490,093 Quarter ended Sep 30, 2025

Q3 2024 revenue $4,458,921 Quarter ended Sep 30, 2024

Q3 2025 net income $452,176 Quarter ended Sep 30, 2025

Nine-month 2025 revenue $25,818,926 Nine months ended Sep 30, 2025

Nine-month 2025 net income $1,581,399 Nine months ended Sep 30, 2025

Cash and equivalents $8,023,613 As of Q3 2025

Contra revenue Q3 $1,413,345 Carrier portfolio adjustment in Q3 2025

Refund liability $869,088 Recorded as of Q3 2025

Market Reality Check

Price: $1.41 Vol: Volume 18,577 is 0.12x th...

low vol

$1.41 Last Close

Volume Volume 18,577 is 0.12x the 20-day average of 158,819, indicating limited pre-news activity. low

Technical Shares at $1.20 are trading below the 200-day MA of $1.82 and -84.19% vs 52-week high.

Peers on Argus

HIT slipped -0.84% with low volume while peers were mixed: DUOT -1.06%, EXFY -0....

HIT slipped -0.84% with low volume while peers were mixed: DUOT -1.06%, EXFY -0.8% versus SSTI +2.26%, SVCO +1.49%, ASUR +1.01%, pointing to a stock-specific reaction.

Previous AI Reports

2 past events · Latest: Jan 12 (Positive)

Same Type Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Jan 12	AI summit agenda	Positive	-2.4%	Unveiled full hitDavos 2026 InsurTech summit agenda focused on AI themes.
Sep 05	AI leadership changes	Positive	-2.9%	Announced AI-focused leadership roles to drive innovation and enterprise revenue growth.

Pattern Detected

AI-tagged leadership and strategy updates have previously been followed by modest negative price reactions despite their growth-focused tone.

Recent Company History

Recent history for Health In Tech shows a series of leadership and AI-focused strategy announcements. On Jan 12, 2026, the hitDavos 2026 AI-centric summit news saw a -2.42% move. Earlier, on Sep 5, 2025, AI leadership changes tied to launching a next‑generation AI Engine coincided with a -2.85% reaction. Today’s CTO appointment, also framed around advancing AI and enterprise-scale platforms, fits this pattern of strategically important, technology-driven updates.

Historical Comparison

-2.6% avg move · Past AI-tagged releases, including leadership and summit updates, averaged a -2.63% move, suggesting...

AI

-2.6%

Average Historical Move AI

Past AI-tagged releases, including leadership and summit updates, averaged a -2.63% move, suggesting investors have reacted cautiously to AI strategy news.

AI-tagged history shows a progression from defining AI leadership and strategy to showcasing AI thought leadership, now extending into CTO-level execution on the AI platform roadmap.

Market Pulse Summary

This announcement reinforces Health In Tech’s focus on scaling a secure, cloud-native, AI-enabled pl...

Analysis

This announcement reinforces Health In Tech’s focus on scaling a secure, cloud-native, AI-enabled platform under an experienced CTO. It follows earlier AI leadership and summit news that framed the company’s innovation agenda. Investors may watch how this hire translates into platform modernization, underwriting and claims automation, and whether strong Q3 2025 results—revenue of $8.49M and net income of $452,176—are sustained as the technology roadmap advances.

Key Terms

ai-enabled, cloud-native, enterprise-grade, underwriting, +2 more

6 terms

ai-enabled technical

"Health In Tech, Inc. (Nasdaq: HIT), an AI-enabled InsurTech platform company"

AI-enabled describes a product, service, or process that uses artificial intelligence—software that learns from data and makes decisions or predictions—as a core feature rather than a minor add-on. For investors it matters because AI-enabled offerings can boost productivity, lower costs or unlock new revenue streams; like adding a smart autopilot to a routine task, they can change a company's growth potential and competitive edge while also bringing higher upfront investment needs and distinct regulatory or ethical risks.

cloud-native technical

"building, scaling, and optimizing the company's cloud-native, enterprise-grade platforms"

Cloud-native describes a way of creating and running applications that are designed specifically to operate smoothly on cloud computing platforms. Think of it as building a house with flexible, lightweight materials that can be easily moved, scaled, or adjusted as needed, rather than using rigid, traditional construction. For investors, it signifies technology that is more adaptable, efficient, and capable of quickly responding to changing market demands.

enterprise-grade technical

"cloud-native, enterprise-grade platforms to enhance performance, security, interoperability"

"Enterprise-grade" describes products or services built to meet the high standards of large organizations, offering exceptional reliability, security, and performance. Just as a commercial airplane is designed to operate safely and efficiently for many passengers, enterprise-grade solutions are designed to handle complex, demanding tasks consistently and securely, which is important to investors because it indicates the product’s robustness and suitability for critical business use.

underwriting financial

"across underwriting, claims, and benefits administration workflows"

Underwriting is the process where a financial institution agrees to buy and then resell new stocks or bonds to investors. It matters because it helps companies raise money quickly and smoothly, while the bank takes on the risk of selling those securities at the agreed price. Think of it like a booker guaranteeing to sell all tickets for a concert before opening the doors.

benefits administration financial

"across underwriting, claims, and benefits administration workflows"

Benefits administration is the day-to-day management of an employer’s employee benefit programs—such as health insurance, retirement plans, paid leave and other perks—covering enrollment, claims processing, vendor coordination and regulatory compliance. It matters to investors because how well a company runs these programs affects labor costs, employee retention and legal risk—similar to how efficient household budgeting and bill-paying keep a family stable and avoid unexpected expenses.

forward-looking statements regulatory

"Use of Forward‑Looking StatementsCertain statements in this press release are forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

STUART, Fla., Feb. 24, 2026 /PRNewswire/ -- Health In Tech, Inc. (Nasdaq: HIT), an AI-enabled InsurTech platform company, today announced the appointment of Sri Rajagopalan as Chief Technology Officer (CTO), effective February 23, 2026.

Mr. Rajagopalan has served as Health In Tech's Interim CTO since November 2025, during which time he has provided decisive technology leadership and advanced the company's AI-driven transformation strategy. As Interim CTO, he has strengthened architectural discipline, accelerated platform modernization, and delivered measurable execution across mission-critical technology initiatives.

As Chief Technology Officer, Mr. Rajagopalan oversees end-to-end product engineering and enterprise platform operations. He is responsible for advancing Health In Tech's next-generation technology architecture and AI development roadmap and embedding artificial intelligence, automation, and data intelligence across underwriting, claims, and benefits administration workflows. His mandate includes building, scaling, and optimizing the company's cloud-native, enterprise-grade platforms to enhance performance, security, interoperability, and scalability and position Health In Tech to execute on its long-term enterprise vision and forthcoming strategic growth initiatives.

Mr. Rajagopalan has more than two decades of enterprise-scale technology leadership, with global experience in software engineering, cloud transformation, data and AI platforms, and developing enterprise architecture frameworks that support large-scale operations.

Prior to joining Health In Tech, Mr. Rajagopalan spent the majority of his career at SAP and IBM, two of the world's leading enterprise software companies, where he held senior leadership roles in enterprise architecture and large-scale platform engineering. His experience spans global, mission-critical systems serving complex enterprise clients across multiple industries.

Since 2019, he has focused exclusively on the healthcare technology sector, serving as Senior Vice President of Software Engineering at Net Health, Senior Vice President of Platform Engineering at Zelis, and Vice President of Software Engineering & Chief Architect at Greenway Health. Across these roles, he led large engineering organizations, modernized core platforms, and scaled high-performance, transaction-intensive systems—bringing deep expertise in healthcare payments, claims technology, and data-driven platform transformation to Health In Tech.

 

"Sri's deep enterprise architecture and large-scale platform engineering experience comes at a pivotal moment in Health In Tech's evolution," said Tim Johnson, Chief Executive Officer of Health In Tech. "He has led global engineering organizations, modernized complex legacy systems, and delivered mission-critical infrastructure at true enterprise scale. As we expand our AI-enabled underwriting and benefits administration platform, Sri will strengthen our core technology foundation—enhancing scalability, data intelligence, cybersecurity, and operational resilience. We believe his leadership positions us to support larger carrier and broker partners, execute multiple strategic initiatives in parallel, and build the enterprise-grade infrastructure required for sustained long-term growth."

"Health In Tech is entering an exciting phase of technology acceleration," said Rajagopalan. "My priority is to scale a secure, cloud-native, AI-enabled platform architecture that supports high-volume transaction processing, advanced data analytics, and seamless ecosystem integrations. We will continue modernizing our engineering practices, strengthening data governance and security frameworks, and building a resilient, enterprise-class infrastructure capable of supporting rapid distribution expansion and product innovation. I look forward to leading our technology organization as we advance the next generation of Health In Tech's intelligent platform ecosystem."

Use of Forward‑Looking Statements

Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech's possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "design," "target," "aim," "hope," "expect," "could," "intend," "plan," "anticipate," "estimate," "believe," "continue," "predict," "project," "potential," "goal," or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech's actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech's control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech's operations, results of operations, growth strategy and liquidity.

About Health In Tech

Health In Tech, Inc. (Nasdaq: "HIT") is an AI-enabled InsurTech platform company, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and third party administrators. Learn more at healthintech.com.

Investor Contact

Investor Relations:
ir@healthintech.com

 

View original content:https://www.prnewswire.com/news-releases/health-in-tech-appoints-former-sap-and-ibm-executive--sri-rajagopalan-as-chief-technology-officer-to-advance-ai-driven-enterprise-grade-platform-growth-302696243.html

SOURCE Health In Tech Inc.

FAQ

Who is Sri Rajagopalan and when did Health In Tech (HIT) name him CTO?

Sri Rajagopalan was named Chief Technology Officer effective Feb 23, 2026. According to Health In Tech, he had served as Interim CTO since November 2025 and brings two decades of enterprise technology leadership.

What will Sri Rajagopalan oversee as CTO of Health In Tech (HIT)?

He will oversee end-to-end product engineering and enterprise platform operations to scale cloud-native infrastructure. According to Health In Tech, his responsibilities include AI development, data governance, security, and platform interoperability across underwriting and claims.

How does this appointment affect Health In Tech's AI and platform strategy (HIT)?

The appointment accelerates the company's AI-driven platform modernization and enterprise roadmap. According to Health In Tech, Rajagopalan will embed AI, automation, and data intelligence across underwriting, claims, and benefits workflows.

What experience does Sri Rajagopalan bring to Health In Tech (HIT)?

He brings over two decades of enterprise-scale engineering, including senior roles at SAP and IBM and healthcare platform leadership since 2019. According to Health In Tech, he led modernization and high-volume transaction systems at prior employers.

Will Health In Tech (HIT) provide timelines or financial targets tied to the CTO appointment?

No specific timelines or financial targets were provided with the appointment announcement. According to Health In Tech, the release emphasizes platform scaling, security, and strategic growth without quantified ROI or partner timelines.