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Onit Security
Houston, US · Founded 2007 · Delaware corporation · 22 employees on LinkedIn · 2 known investors
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Onit is a Decision-Based Exposure Management platform that uses AI agents to automatically triage, prioritize, assign ownership, and resolve security vulnerabilities across an organization's existing tools. It targets enterprise security teams looking to reduce vulnerability backlogs and remediation time without adding headcount.
Founders & leadership
Onit Security was founded in 2007 by Eric M. Elfman and Eric A. Smith.
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Eric M. ElfmanCo-founderEric M. Elfman is an executive officer and director at Onit, a Decision-Based Exposure Management platform using AI agents for security vulnerability management. He has background in enterprise software, e-commerce, and venture capital, and holds a degree from Rice University.
Board
SS
SARAH SOMMERBoard director
JT
John ThorntonBoard directorGeneral Partner at Austin Ventures
DE
Doug ErwinBoard director
Investors · 2
Funding
SEC filings, press & company announcements$36.8M disclosed across 5 rounds · 2012–2026
▶$8.2MraisedOct 2016 · 16 investors · Other TechnologyRule 506(b)
▶$8.2MraisedOct 2016 · 16 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- SARAH SOMMERDirector
- JOHN THORNTONDirector
- ERIC M ELFMANExecutive Officer, Director
- DOUG ERWINDirector
- Offering amount
- $9.2M
- Amount sold
- $8.2M
- First sale
- Dec 2013
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.3MraisedJan 2014 · 3 investors · Other TechnologyRule 506(b)
▶$2.3MraisedJan 2014 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Douglas J. ErwinDirector
- John ThorntonDirector
- Eric A. SmithExecutive Officer
- Eric M. ElfmanExecutive Officer, Director
- Offering amount
- $2.3M
- Amount sold
- $2.3M
- First sale
- Dec 2013
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4.2MraisedJan 2012 · 18 investors · Other TechnologyRule 506(b)
▶$4.2MraisedJan 2012 · 18 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- John ThorntonDirector
- Eric A. SmithExecutive Officer
- Eric M. ElfmanExecutive Officer, Director
- Douglas J. ErwinDirector
- Offering amount
- $4.2M
- Amount sold
- $4.2M
- First sale
- Jan 2012
- Incorporated
- Corporation, Delaware, 2007
- Federal exemptions
- 06
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
OnitOnit 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.
OnticOntic provides a corporate investigations platform that consolidates data from multiple sources into a unified case management and intelligence system for security teams. The solution helps investigators at Fortune 100 companies and government agencies detect threats, resolve cases faster, and automate routine investigative tasks.
Companies working in the same space as Onit Security.
In the news
Frequently asked questions
- What does Onit Security do?
- Onit is a Decision-Based Exposure Management platform that uses AI agents to automatically triage, prioritize, assign ownership, and resolve security vulnerabilities across an organization's existing tools. It targets enterprise security teams looking to reduce vulnerability backlogs and remediation time without adding headcount.
- Who founded Onit Security?
- Onit Security was founded by Eric M. Elfman, Eric A. Smith in 2007.
- Who are Onit Security's investors?
- Onit Security's investors include Brightmind, Hetz Ventures.
- How much funding has Onit Security raised?
- Onit Security has disclosed $36.8M raised across 5 rounds.
- Where is Onit Security headquartered?
- Onit Security is headquartered in Houston, US.