We are thrilled to announce that we surpassed our goals in 2017, in terms of new opportunities created and customer wins, strategic management hires, and several awards and distinctions. Our phenomenal success in 2016 set the stage for another stellar year in 2017.
Key 2017 Milestones
- Bookings more than doubled from 2016 and annual recurring revenue increased 80%
- We landed 30 new customers, 18 of which are Fortune 500 companies or equivalent
- We increased our worldwide headcount by 96% and moved to a larger office in Pune, India
- Secured recognition as a marker leader in process automation and enterprise Apps in the Hyperion 2017 Enterprise Legal Management (ELM) Report
- Won the coveted Association of Corporation Counsel (ACC) Value Champion award with Archer Daniels Midland (ADM)
- Launched a new corporate website using design and end user experience best practices
- Unveiled a new user interface (UI) built on the ReactJS platform
- Two key management positions were filled
Awards and Other Distinctions
Our company was also recognized by various software, legal industry and financial publications and organizations for its innovation, thought leadership and entrepreneurship in 2017. This commitment to unsurpassed technological excellence and user experience garnered Onit several distinctions in 2017:
- Ranked #949 on the 5000 Fastest-Growing company list with an astounding three-year growth of 562%
- Secured a top 20 placement on the Houston Fast 100
- Won the Buying Legal Counsel Best Use of Legal Technology award with our customer Archer Daniels Midland (ADM)
- Ranked #14 on the Houston Business Journal’s Top B2B Software and App Developer list
- Recognized by Owler as having a top CEO (Eric M. Elfman)
- Recognized in Gartner’s Market Guide for Enterprise Legal Management solutions
Click here to see the full milestone release.
