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Our first episode of the year we're joined by Eric M. Elfman, CEO and founder of Onit. We're excited to announce that Onit has secured an investment of $200 million from K1 Investment Management (K1). With the investment, Onit will scale operations to meet increasing client demand for innovative, market-leading process automation technology and enhance its scalable platform. Additionally, the investment will help fund go-to-market strategies, accelerate new product development and enhance functionality of existing product offerings.
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Our first episode of the year we're joined by Eric M. Elfman, CEO and founder of Onit. We're excited to announce that Onit has secured an investment of $200 million from K1 Investment Management (K1). With the investment, Onit will scale operations to meet increasing client demand for innovative, market-leading process automation technology and enhance its scalable platform. Additionally, the investment will help fund go-to-market strategies, accelerate new product development and enhance functionality of existing product offerings.