Once more, Onit is excited to announce that it has been recognized for its rapid revenue growth – this time (or rather, these two times) by the Houston Business Journal.
Onit grew its revenue by 271.51% from 2017-2019, earning a spot on the Houston Business Journal’s Fast 100 and Middle Market 50. This wouldn’t be possible without our outstanding customers as well as our employees’ dedication to innovation and excellent customer experiences.
We landed at #9 on the Fast 100 list, which ranks the fastest-growing companies in the Greater Houston area. This is the fourth year Onit has appeared on this list.
For the inaugural Middle Market 50 awards, Onit ranked #3. The list highlights the fastest-growing, top-50 for-profit public and private midmarket companies based in Houston.
The Houston Business Journal interviewed CEO Eric M. Elfman about the company’s rapid growth, which he attributed to many things including:
- The acquisition of SimpleLegal in May 2019.
- The Onit strategic alliances program launch, which provides a robust ecosystem of technology, implementation and service partners that help Onit customers meet their needs.
- The release of Onit Contract Lifecycle Management in September 2019, followed by the introduction of its Contract Lifecycle Management Quick Start Implementation Package, which allows companies of all sizes to deploy the technology in less than 30 days.
2020 Awards for Onit
This has been an active year for Onit awards. We’ve won more than 10 so far this year in addition to the Fast 100 and Middle Market 50. Many of these awards are linked to the company’s cumulative growth and increased revenue over multiple years. Inc. included Onit on its Inc. 5000 (#737) and 250 Fastest Growing Companies in Texas (#70) as well as its Private Titans list, which names the 1,000 largest iconic private companies in America. The Financial Times placed Onit as #153 on its 500 Fastest-Growing Companies in the Americas award and Growjo ranked it as #16 on its 10K Fastest-Growing Companies in Texas.
Again, thank you to our customers and employees who made this recognition possible.