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New Year Kicks Off With Huge $200M Investment In Legal Tech Company

Just a few weeks ago, in my 2018 year-end round-up of the most important legal technology developments, I noted that it had been a banner year for investments in legal technology companies, with the total hitting $1 billion. Now, 2019 is off to a roaring start, with news of a $200 million strategic investment in Onit, a Houston company that provides enterprise workflow products for legal management, contract management and business process automation. The investment was made by K1 Investment Man...
Tags: New York, Law, Uncategorized, Los Angeles, Houston, Eric Smith, Beaverton, LegalZoom, Bob Ambrogi, Exterro, Elfman, Litera Microsystems, Onit, Eric M Elfman, Leeds Equity Partners K1, Sackett Group


New Year Kicks Off With Huge $200M Investment In Legal Tech Company

Just a few weeks ago, in my 2018 year-end round-up of the most important legal technology developments, I noted that it had been a banner year for investments in legal technology companies, with the total hitting $1 billion. Now, 2019 is off to a roaring start, with news of a $200 million strategic investment in Onit, a Houston company that provides enterprise workflow products for legal management, contract management and business process automation. The investment was made by K1 Investment Man...
Tags: New York, Law, Uncategorized, Los Angeles, Houston, Eric Smith, Beaverton, LegalZoom, Exterro, Elfman, Litera Microsystems, Onit, Eric M Elfman, Leeds Equity Partners K1, Sackett Group, Wolters Kluwer Today


K1 invests $200 mln in Onit

Onit Inc, a provider of enterprise workflow solutions, has secured $200 million in funding. The investor was K1 Investment Management. PRESS RELEASE Houston, January 9, 2018 – Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract management and business process automation, today announced it has secured an investment of $200 million from K1 Investment Management (K1). With the investment, Onit will scale operations to meet increasing clie...
Tags: Trends, Jaguar Land Rover, Houston, Sox, PE Deals, Elm, Capterra, Onit Inc, York Richards, Jaguar Land Rover North America LLC, Neil Malik, Onit, Eric M Elfman, Anna Lisa Corrales, Houston Business Journal Below, Houston Chronicle · Houston Business Journal