K1 Investment Management Invests $200M in Onit

K1 Investment Management Invests $117M in Ocelot

September 28, 2022

Education

K1 Investment Management invested $117 million in Ocelot, a Boulder-based edtech AI communications and student engagement platform. The growth capital will be used to fuel expansion, build new functionality, and develop additional solutions for colleges and universities to improve student engagement and retention.

K1 Investment Management Invests Over $150M in GoCanvas

February 21, 2019

Cloud & SaaS

K1 Investment Management has invested more than $150 million in GoCanvas, a Reston, Virginia-based provider of mobile business applications and cloud forms for data collection and workflow automation. The growth capital will be used to accelerate product enhancements, scale global operations, and expand worldwide sales and brand awareness.

K1 Investment Management Invests $21M in Eltropy

June 16, 2021

Cloud & SaaS

K1 Investment Management has made a $21 million growth investment in Eltropy to accelerate development of its messaging-based digital communications platform for financial institutions. Eltropy plans to more than double its headcount and further invest in its all-in-one communication suite to expand adoption among credit unions, banks and other financial services firms.

K1 Investment Management Invests $12M in accessiBe

May 13, 2020

Cloud & SaaS

accessiBe, an AI-powered web accessibility software provider based in Tel Aviv, closed a $12 million investment from K1 Investment Management. The growth capital will help accessiBe scale operations—particularly in North America—and support its thousands of customers and partners.

Onit Acquires Legal Files Software, Inc.

January 28, 2025

Software

Onit has acquired Legal Files Software, Inc., a long-standing provider of legal case and matter management solutions, to strengthen its workflow automation and AI capabilities for legal teams. The acquisition expands Onit's footprint into industries where Legal Files has deep penetration — including insurance, education and government — and brings Legal Files' ~500 customers and decades of domain expertise into Onit's product portfolio.

K1 Investment Management Makes $120M Growth Investment in ComplySci

June 10, 2021

Cloud & SaaS

ComplySci, a provider of regulatory technology and employee compliance software for the financial services sector, received approximately $120 million in growth capital from K1 Investment Management. The investment will be used to expand ComplySci's product platform and support growth through organic initiatives and acquisitions; existing investors will retain their stakes.