Legion Technologies, a company in workforce management, received $50 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank. The raise, which brings Legion’s total funding to $195 million, follows a $50 million growth round led by Riverwood Capital earlier this year.
“From the beginning, Legion has been on a mission to improve hourly jobs and the capital we’ve received from investors this year demonstrates the enduring value of that mission,” Sanish Mondkar, founder and CEO of Legion Technologies, said. “Our tremendous growth stems from the accelerating need for effective workforce management solutions, and this latest financing from SVB further proves that Legion’s intelligently automated, employee-centric platform is the best choice for today’s hourly employees.”
“There is increased demand for AI-native workforce management solutions that can improve both labor operations and the employee experience,” Marisa Phan, managing director at Silicon Valley Bank, said. “Legion has successfully been working to transform the hourly work experience to meet the needs of the modern employee. With this latest financing, we are proud to support Legion as it enables intelligent automation to shape a new future of work.”
