Onit
Onit, Inc. is a developer of enterprise workflow software and artificial intelligence platforms, primarily focused on enhancing legal and compliance operations within various industries, including technology, insurance, healthcare, and finance. Founded in 2011 and headquartered in Houston, Texas, with additional offices in Austin, New Zealand, and India, the company provides a suite of applications designed to streamline business process automation. Its offerings include Enterprise Legal Management, Matter Management, Legal Spend Management, Contract Lifecycle Management, and Legal Holds, each aimed at improving efficiency and productivity in managing legal operations. Onit's no-code platform allows users to create custom applications without relying on IT support, enabling the automation of typically manual and cumbersome processes. This capability not only helps organizations reduce costs but also facilitates centralized data collection and immediate notifications to relevant parties.
Top Stages
Past deals in Legal
Legal Files
Acquisition in 2025
Legal Files Software, Inc. specializes in developing case and matter management software tailored for the legal industry. Their solutions enhance efficiency and workflow for legal professionals, serving a diverse range of clients including corporate legal departments, law firms, insurance companies, and educational institutions worldwide. The company ensures all development, customization, and support are handled in-house, providing non-technical users the flexibility to design the software to their specific needs.
SecureDocs
Acquisition in 2022
SecureDocs (formerly Appfolio) is designed for businesses looking for a highly secure virtual data room to store and share sensitive corporate documents. This SaaS solution can be used for: -Audits -Fund Raising -M&A (Mergers & Acquisitions) -Business Document Repository & Corporate Archive -409A Valuations -Equity Investment Rounds -Debt Financing Rounds -IP (Intellectual Property) And Patent Management
Bodhala
Acquisition in 2021
Bodhala, Inc. is a technology company that specializes in developing an artificial intelligence-based legal platform aimed at optimizing corporate legal spending. Founded in 2013 and headquartered in New York, with an additional office in Ann Arbor, Michigan, Bodhala employs data science and machine learning to provide actionable insights into legal expenditures. Its platform features proprietary benchmarking metrics and rate review algorithms, which deliver detailed analysis of legal services to enhance transparency and efficiency. Users benefit from an on-demand dashboard that facilitates the interpretation of legal data, enabling organizations to make informed and cost-effective decisions regarding their choice of legal service providers. By streamlining legal processes and offering affordable counsel options, Bodhala aims to improve operational efficiency and reduce overall legal costs for its clients.
Axdraft
Acquisition in 2020
AXDRAFT Inc., established in 2017 and headquartered in Kyiv, Ukraine, specializes in Software-as-a-Service (SaaS) solutions for automating legal document drafting. The company's platform enables enterprises to generate legal documents up to ten times faster while minimizing errors. AXDRAFT offers a unique advantage by providing tailored automation solutions at no cost to customers within one week. Its client portfolio includes prominent international brands such as Carlsberg and British American Tobacco, demonstrating the platform's reliability and efficiency in streamlining complex legal processes. As of December 2020, AXDRAFT operates as a subsidiary of Onit Inc.
McCarthyFinch
Acquisition in 2020
McCarthyFinch is a subsidiary of Onit, Inc., specializing in artificial intelligence solutions designed to enhance contract management processes. The company's innovative platform significantly accelerates contract reviews and approvals, achieving speed improvements of up to 70%. Additionally, McCarthyFinch's technology boosts user productivity by over 50%, streamlining workflows and reducing the time spent on administrative tasks. By leveraging advanced AI capabilities, McCarthyFinch aims to transform traditional contract management practices, making them more efficient and effective for its clients.
SimpleLegal
Acquisition in 2019
SimpleLegal, Inc. is a Software-as-a-Service company that specializes in developing an enterprise-level legal operations software platform tailored for in-house counsel and corporate legal departments. Founded in 2013 and based in Mountain View, California, SimpleLegal provides a comprehensive suite of tools for matter management, spend management, vendor management, knowledge management, and reporting and analytics. The platform is designed to help legal departments streamline their operations and enhance decision-making through improved business insights. Originally established as Orthoprocess, Inc., the company rebranded to SimpleLegal and has since become a subsidiary of Onit Inc.
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