Legion Technologies, Inc. announced that it has received $50.3426 million in funding from Stripes Group LLC, NVP Associates, LLC, First Round Capital Management, LLC, XYZ-Ventures LLC, Webb Investment Network, Dollar General Corporation
May 10, 2021
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On May 11, 2021, Legion Technologies, Inc. closed the transaction. The round of funding led by returning investor, Stripes Group LLC. The transaction also included participation from returning investors, NVP Associates, LLC, First Round Capital Management, LLC, XYZ-Ventures LLC, Webb Investment Network, and Dollar General Corporation. The company has raised $85,500,000 in funding till date.
Dollar General Corporation specializes in reduced-price distribution of mass consumption products. Net sales break down by family of products as follows:
- consumption products (79.7%): hygiene and cleaning products (paper towels, toilet paper, trash bags, etc.), food and beverage products, personal care and beauty products (soaps, shampoos, toothpastes, perfumes, cosmetics, etc.), OTC medications, and pet care products;
- seasonal products (11%): decorative items, toys, batteries, greeting cards, paper products, lawn and garden products, office supplies, etc.;
- household items (6.2%): kitchen items, small appliances, light bulbs, picture frames, candles, bathroom products, etc.;
- clothing and accessories (3.1%): clothing for men, women, and children, underwear, shoes, purses, etc.
At the end of January 2023, the group had a network of 19,104 stores located in the United States.
Legion Technologies, Inc. announced that it has received $50.3426 million in funding from Stripes Group LLC, NVP Associates, LLC, First Round Capital Management, LLC, XYZ-Ventures LLC, Webb Investment Network, Dollar General Corporation