REDWOOD CITY, Calif., April 15, 2020 /PRNewswire-PRWeb/ -- Legion Technologies, the leading AI-powered workforce management platform, today announced it has been named to the "Hot 100" List of the best privately held software companies by JMP Securities, a full-service investment bank.
Now in its 10th year, the Hot 100 list identifies leading private companies that show outstanding potential, based on financial growth, products and services, quality of leadership, customers and market potential.
Founded in 2016, the Legion platform is used by customers like Philz Coffee, Barry's Bootcamp, RaceTrac Petroleum and Cinemark for labor management.
"Legion's cutting-edge technology and data science improves labor efficiency, reduces wasteful spend on compliance violations and automates scheduling to deliver an unprecedented ROI to our customers," said Sanish Mondkar, CEO and Founder of Legion. "Tightly managing labor spend is now more important than ever in these unprecedented times for service industries, compounded by the COVID-19 challenges. We are excited by the opportunity to partner with our customers across many industries in delivering these results."
"We invested in Legion because its machine-learning platform and automation dramatically reduces time spent by the enterprise on workforce administration," said Sean Jacobsohn, an early investor in Legion and partner at Norwest Venture Partners. "As the market begins to rebound, Legion's AI and ML-driven solution will help companies successfully navigate the road to recovery and keep costs in check."
The addition to JMP Hot 100 List continues a wave of recent recognitions for Legion, including being named one of Business Insider's "72 startups that will boom in 2020," and its inclusion in Gartner's 2019 Market Guide for Workforce Management Applications.
About Legion Technologies
Legion is reinventing how companies manage and empower their hourly workforce. By accurately forecasting demand, computing precise labor needs and staffing with the right employees at the right time based on employee skills and preferences, Legion's autonomous, AI-powered Workforce Management platform enables companies to tightly manage labor spend while delivering great experiences for their customers and employees. Legion serves mid- to large-enterprises that manage a large hourly workforce, across a wide range of industries including retail, hospitality, healthcare, food & beverage and distribution centers. Legion is headquartered in Redwood City, CA and is backed by Norwest Venture Partners, First Round Capital, Webb Investment Network, and XYZ Ventures. To learn more, visit legion.co.
SOURCE Legion Technologies