Legion Capital invests in rounds with 2-3 participants and is often joined by other investors such as DataTribe and AllegisCyber. The fund prefers startups in the computer and SaaS industries and has no specific preference for the number of founders. They have invested in portfolio startups like Red Canary, Randori, and Prevailion. Legion Capital typically invests in startups that are 1 year old or less and has a track record of successful exits. They typically invest in deals ranging from 5 to 10 million dollars and are involved in less than 2 deals per year. The managing partners of Legion Capital have a background as operators and actively support founders in their technology and go-to-market decisions.