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Legion Announces $50M Series C To Expand Ai-Powered Workforce Management Platform

May 11, 2021•about 4 years ago

Amount Raised

$50 Million

Round Type

series c

Redwood City

Description

Legion, the AI-powered workforce management company redefining how enterprise companies manage and empower their hourly workforces, today announced a $50M Series C investment round. Led by Stripes, this funding also includes participation from existing investors Norwest Venture Partners, First Round Capital, XYZ Ventures, Webb Investment Network, and Dollar General. The company plans to use this newly secured financing to build on its momentum to increase hiring and accelerate product innovation.

Company Information

Company

Legion

Location

Redwood City, California, United States

About

Legion is on a mission to make hourly jobs into good jobs through its automated, AI-powered workforce management platform. Customers in more than 38 countries use Legion WFM to lower costs, reduce compliance risks and labor inefficiencies and boost employee engagement across industries, including retail, distribution, hospitality, healthcare, and manufacturing. Founded by Sanish Mondkar, the former Chief Product Officer of SAP and Ariba, Legion serves many innovative customers, including Cinemark, Six Flags, Portillos, and more. The company has been recognized as a Gartner Cool Vendor and included on JMP Securities' Hot 100 List of the Best Privately Held Software Companies. Legion is headquartered in Redwood City, Calif. and is backed by investors, including Norwest Venture Partners, Stripes, First Round Capital, XYZ Ventures, Webb Investment Network, and NTT DOCOMO Ventures. For more info on Legion, visit https://legion.co.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech