The Houston Business Journal Ranks Onit Fourth on Its Middle Market 50 List By Onit June 9, 2021 Company News and Events 2 Minute Read For the second year in a row, the Houston Business Journal has ranked Onit in the top five of its Middle Market 50 awards. The award recognizes the fastest-growing for-profit public and private companies in Houston with annual revenue of $28 million to $1 billion. The rankings are based on revenue growth from 2018 to 2020. This year, Onit ranked number four on the list, with two-year revenue growth of 162.78%. Last year, the company claimed spot number three, with two-year revenue growth of 271.51%. As Onit’s CEO and co-founder Eric M. Elfman explains: “From our inception, Onit has focused on rapid growth through innovation and disruption. That has never changed, even when navigating the challenges presented by the pandemic. In 2020, we added 93 new corporate customers, 330 expansions for existing customers, 22% more employees and two acquisitions, and we are continuing to grow on all fronts in 2021.” During this past year, Onit has debuted four AI offerings for its contract lifecycle management and enterprise legal management including its AI platform Precedent, ReviewAI, ExtractAI and InvoiceAI. It also acquired AI legal technology provider McCarthyFinch and the document generation company AXDRAFT and won a listing on the Inc. 5000 for the fifth consecutive year with a three-year growth of 641%. To learn more about Onit’s platforms and products, schedule a demo online or via email at [email protected] Today's Popular Resources Webinar Accelerate Time to Revenue with AI Contract Management Read More Infographic Enterprise Legal Report Infographic – UK Read More Case Study Transforming Service Delivery Case Study Read More Subscribe Today Sign up for updates on new posts from our blog. Related Readings Business Process Management The Need for Speed: 3 Ways Legal Can Elevate Efficiency Read More Enterprise Legal Management The Ultimate Guide For Legal Departments to Directly Influence Business Materiality, Growth and Efficiency Read More Enterprise Legal Management The ROI of Legal Operations: Measuring Success and Demonstrating Value with Legal KPIs Read More Thank you for subscribing!