Legion, a Redwood City, CA-based AI-powered workforce management company, raised $50M in Series C funding. The round was led by Stripes with participation from existing investors Norwest Venture Partners, First Round Capital, XYZ Ventures, Webb Investment Network, and Dollar General.
Founder and CEO Sanish Mondkar said: “Our mission of turning hourly jobs into good jobs is even more critical now. With the challenges faced by every industry in 2020, all labor-intensive businesses need automated, intelligent tools to manage labor costs very tightly while increasing employee productivity and engagement. Our customers have already seen significant labor savings, a 50% reduction in scheduling time, and more than 95% employee engagement with Legion WFM. They have experienced faster implementation and rollout timelines than what was considered possible and have gained business agility by incorporating Legion’s AI-powered automation and self-service capabilities. These types of results are even more important than ever in the post-pandemic world.”
The company plans to use this funds to increase hiring and accelerate product innovation.
Announcement: Legion Raises $50M for AI-powered Workforce Management