At a Glance
| Detail | Onit | Wordsmith |
|---|---|---|
| Category | Legal Ops & Spend | Legal Ops & Spend |
| Total raised | $212M | $114M |
| Rounds tracked | 3 | 4 |
| Latest round | Undisclosed, $200M · Jan 2019 | Series B extension, $14M · Aug 2026 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | K1 Investment Management, Level Equity Management, Austin Ventures | Intact Private Capital, Highland Europe, Index Ventures |
| Built for | In-house teams | In-house teams |
| Headquarters | US | United Kingdom |
Funding, Side by Side
Onit rounds
- Jan 2019Undisclosed$200M
- Oct 2016Growth$8.3M
- Jan 2012$4.1M
Wordsmith rounds
- Aug 2026Series B extension$14M
- Jun 2026Series B$70M
- Jun 2025Series A$25M
- Jun 2024Seed$5M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Onit or Wordsmith?
- Onit has raised $212M in disclosed funding, compared with $114M for Wordsmith.
- Do Onit and Wordsmith share investors?
- No. None of the investors we track have backed both companies.
- What is Onit best for?
- Onit provides enterprise legal management software for matter management, legal spend and legal operations workflows.
- What is Wordsmith best for?
- Wordsmith is an AI platform for in-house legal teams to draft, review and research contracts and handle legal requests.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.