Customers across industries, including retail, hospitality, healthcare, and manufacturing, use Legion to reduce costs, compliance risks, and labor inefficiencies and boost employee engagement.
FREMONT, CA: Legion, a Redwood City, CA-based AI-powered workforce management solution that simultaneously drives labor efficiency and employee engagement, raised $22m in Series B financing, bringing the total amount raised to $35.5 million.
The round was led by Stripes, with Workday Ventures, Dollar General, and NTT DOCOMO Ventures joining the round. Existing investors Norwest Venture Partners, First Round Capital, XYZ Ventures, and Webb Investment Network also participated. In conjunction with the funding, Paul Melchiorre, Stripes Operating Partner, will join Legion's board of directors.
"Legion was founded to help improve the lives of hourly employees while helping businesses meet the challenges presented by a rapidly evolving market," said Sanish Mondkar, Founder and CEO of Legion. "We are thrilled to partner with some incredible investors and customers as we enter the next phase of our company's growth, reimagining workforce management for the 21st century."
Legion provides an autonomous, AI-powered Workforce Management platform that allows companies to manage labor spend. Customers across industries, including retail, hospitality, healthcare, and manufacturing, use it to reduce costs, compliance risks, and labor inefficiencies and boost employee engagement. In the last 12 months, the company has grown by almost 300 percent, with customers including Dollar General, Cinemark Theaters, and Racetrac Petroleum managing over 300,000 employees on the platform.
This new capital will allow the company to grow its next-generation workforce management platform globally.
"We are thrilled to partner with Sanish and the Legion team as they enable enterprise and mid-market companies to better manage their hourly workforces. For companies in the services industry, workforce management is spend management, and has never been more critical to sustain long-term durability," said Paul Melchiorre, Stripes Operating Partner who will join Legion's board of directors. "In a world after COVID, Legion's complete suite of workforce management modules, coupled with the recently released healthy worker capabilities, will create incredible value for its customers as they safely and efficiently navigate the road to recovery," added Saagar Kulkarni, Stripes Partner.
