Acquired by

K1 Capital

About Onit

Onit markets a SaaS-based product for Enterprise Legal Management and other business process management needs. The company’s core solution is an extensible platform called AppBuilder which provides a toolset for developing custom workflows to support business processes in the enterprise. The company has a standard ELM offering which includes modules for a variety of common processes in corporate legal departments including matter management, contract administration, NDA requests, legal hold, and a range of other use cases. These standard modules can then be customized by Onit’s implementation team or by the customer to suit the needs of the business. The software is used by a variety of individuals in the enterprise, from billing clerks and administrative assistants, to staff attorneys, general counsel, and executives. In addition to the standard ELM offering, the platform also has modules for other business needs including sales effectiveness, account management, and customer engagement.