Fundraising Fox

Onit

543 employees on LinkedIn · 5 known investors

Find your way into Onit

139 people in our graph share verified history with the Onit team — schools, employers, funds. One of them is your warm intro.

Skyla McDonaldunlockedknows Nick Whitehouse · together at Spark New Zealand (overlapped)
×3knows the team · via Rice University
×6knows the team · via US Navy
×2knows the team · via Spark New Zealand

Onit provides software solutions for legal operations and contract management, including Enterprise Legal Management and Contract Lifecycle Management platforms designed to help organizations streamline legal workflows and improve compliance across industries such as pharma, finance, insurance, and technology.

AI & Machine LearningEnterprise SoftwareLegalTech

Founders & leadership

EEEric Elfman
Eric ElfmaninCo-founder & Vice ChairmanEric Elfman graduated from Rice University and brings experience in enterprise software, e-commerce, and venture capital to his role as founder of Onit, which provides legal operations and contract management software.
NWNick Whitehouse
Nick WhitehouseinChief AI OfficerNick Whitehouse founded McCarthyFinch, which was acquired, and previously held a leadership role at MinterEllisonRuddWatts. He currently leads Onit's AI Center of Excellence, where he works on AI research and product integration in legal technology.

Investors · 5

Elsewhere PartnersAustin · $20M – $50M
Level EquityNew York · $30M
Texas HALO FundHouston
ZillionizePalo Alto · $200K
Hetz VenturesreportedTel Aviv · $3.6M – $90M

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

3 people who came through Onit went on to found or lead other companies.

Oleg ZarembaDirector of Software EngineeringFounded AiSDR +1Yuriy ZarembaManaging DirectorFounded AiSDR +1Eric M. ElfmanFounderFounded Onit +1

In the news

Onit Security raises $11M to fix vulnerability backlogs after Iranian cyberattack exposed a broken security system - Tech Startupstechstartups.com · Mar 2026Onit Security Raises $11 Million for Exposure Management Platform - SecurityWeeksecurityweek.com · Mar 2026Onit Security Raises $11M Seed to Reshape Exposure Management After Bottlenecks Exploited by Iranian State-Sponsored Cyberattackprnewswire.com · Mar 2026Onit Security Raises $11M in Seed Fundingfinsmes.com · Mar 2026Cyber startup Onit raises $11 million Seed round to tackle vulnerability management | Ctechcalcalistech.com · Mar 2026Onit Security Raises $11 Million for AI That Fixes Vulnerabilities - Business Insiderbusinessinsider.com · Mar 2026

Frequently asked questions

What does Onit do?
Onit provides software solutions for legal operations and contract management, including Enterprise Legal Management and Contract Lifecycle Management platforms designed to help organizations streamline legal workflows and improve compliance across industries such as pharma, finance, insurance, and technology.
Who founded Onit?
Onit was founded by Eric Elfman.
Who are Onit's investors?
Onit's investors include Elsewhere Partners, Level Equity, Texas HALO Fund, Zillionize, Hetz Ventures.