Legion Technologies Secures $50M in Funding

by Kay Aloha Villamor in December 13th, 2024

Legion Technologies, a Santa Clara, CA-based workforce management solutions provider, has secured $50 million in funding. 

Investors 

The investment was from Silicon Valley Bank (SVB), brings Legion’s total funding to $195 million. 

Silicon Valley Bank (SVB), a division of First Citizens Bank, serves some of the world’s most innovative companies and investors. SVB provides commercial banking to companies in the technology, life sciences, healthcare, private equity, and venture capital industries. It operates in centers of innovation across the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights, and connections. 

Legion Technologies Use of Funds 

The new funding will support Legion’s mission to revolutionize the hourly workforce experience through intelligent automation. 

About Legion Technologies 

Legion Technologies provides workforce management (WFM) solutions that enable businesses to maximize both labor efficiency and employee engagement. It focuses on using intelligent automation and AI-driven technology to optimize key aspects of workforce operations, such as employee scheduling, time and attendance tracking, and shift management. 

Funding Details 

Company: Legion Technologies, Inc. 

Raised: $50.0M 

Round: Unknown 

Funding Date: December 2024 

Investor: Silicon Valley Bank 

Company Website: https://legion.co/  

Software Category: Workforce Management 

Source: https://www.businesswire.com/news/home/20241212743166/en/

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