Onit Growth, Revenue, Number of Employees and Funding

Overview

Location:
Houston, TX USA
Total Funding:$231.9M
Industry:Tech Services
Founded:N/A
Lead Investor(s):K1 Investment Management
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • Onit's estimated revenue is currently $12M per year.
  • Onit received $200.0M in venture funding in January 2019.
  • Onit's estimated revenue per employee is $57416
  • Onit's total funding is $231.9M.

Employee Data

  • Onit has 209 Employees.
  • Onit grew their employee count by 45% last year.
  • Onit currently has 23 job openings.

Executive Contacts

NameTitle
John GilmanVice President of Products
Jill BlackVP, Marketing
Chris DriverVice President, Enterprise Legal Management (ELM) Sales
Sushil PatelDirector, Client Support/Success
William FirmanVP Sales Operations
Joe KazemiehVice President, ELM Sales EMEA
Rick KellyEngagement Director
Hans BengardEnterprise Sales Director
Patrick DanielsDirector of Customer Success
John RowleyDirector of Corporate Sales

What Is Onit?

Onit is the leading provider of Enterprise Legal Management (ELM) solutions for the 21st century. Brought to you by the same team that created spend management a generation ago, Onit is transforming the way legal departments drive operational and process improvements. By focusing on process, Onit's solutions help customers drive tremendous gains in efficiency, accelerate transaction velocity and reduce costs. Our solutions simplify business process automation and improve business productivity across all departments and industries. Apptitude, Onit's App Builder platform allows business users to drive efficiency and productivity by combining business process management, project management and information management into one easy to use tool so the user can create their own workflows without having to rely on IT for support. Businesses have processes for everything - whether it's hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. Using Onit solutions, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn't require any software to download or resources from IT. For more information, visit www.onit.com or contact 1-800-281-1330.

keywords:Career / Job Search,Human Resources Hr

209

Number of Employees

$12M

Revenue (est)

23

Current Jobs

45%

Employee Growth %

$231.9M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Onit News

08/15/2019 - Onit Ranks #963 on the 2019 Inc. 5000 With Three-Year ...

HOUSTON, Aug. 15, 2019 (GLOBE NEWSWIRE) -- Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal ...

09/05/2019 - Massive Growth in Legal Operations Software Market Growth ...

Top Key Players are Wolters KluwerELM Solutions Inc., Mitratech Holdings, Inc., Onit, Inc., SimpleLegal, Inc., Thomson Reuters, LexisNexis, ...

09/05/2019 - Huge Growth Analysis on Legal Operations Software Market ...

Huge Growth Analysis on Legal Operations Software Market with Top Players: Wolters KluwerELM Solutions Inc., Mitratech Holdings, Inc., Onit, ...

Onit Funding

DateAmountRoundLead InvestorsReference
2012-01-18$0.0MBAustin VenturesArticle
2014-01-07$2.3MUndisclosedAustin VenturesArticle
2016-10-28$8.2MUndisclosedLevel Equity Management LLCArticle
2018-06-27$10.0MUndisclosedSilicon Valley BankArticle
2019-01-09$200.0MUndisclosedK1 Investment ManagementArticle

Onit Executive Hires

DateNameTitleReference
2016-09-26Cole MorganVP Enterprise Legal ManagementArticle
2017-04-24York RichardsCFOArticle
2018-07-23Scott Scott KurtzVP Professional ServicesArticle
2019-03-21Eric SmithCOO & Chief Security OfficerArticle

Onit New Location/Offices

DateLocationReference
2012-10-02Austin, TXArticle