Legion announced a $50 million Series C round of venture capital for its AI-powered workforce management solution. This brings its total raised to $85.5 million.
Workforce managment tech is core to getting work done. If you consider what the vast majority of jobs look like in the field, capabilities like shift scheduling, demand forecasting, labor optimization, time and attendance, and communications/collaboration are core to large segments of the workforce. The direct tie between people practice and business results is built in.
The larger the scale of the enterprise, the harder the direct ties between HR and business results are to keep in place. However, with today’s technology, there is no excuse not to.
WorkTech Founder, George LaRocque
HR is increasingly becoming the “business of getting work done,” and the sooner we align with the business in this way, from the shop floor to the retail floor, to software code deployment, and so on, the sooner we can draw those connecting lines and reinforce the alignment of people practice with business operations (all of them). Then we’ll have a real chance to improve employee experience and truly understand engagement.
Legion looks to leverage machine learning and AI to automate the tasks associated with workforce management. It’s the direction things are going and they won’t be alone on the journey. Platforms like UKG and Ceridian’s Dayforce have been investing in AI and ML for years and have strong footholds in the workforce management category. Emerging players like Sirenum, Workiz, and Connecteam all bring different focus and views to the power of effective workforce management. And, this is just a glimpse into this hyper-competitive category.
$2.7 billion was invested globally in work tech during 2021 Q1 alone. Get WorkTech’s free report and analysis here.
Source: Legion’s Series C Round: Fueling Innovation and Growth