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Mashgin
AddedFeb 15, 2024
UpdatedJun 18, 2026
Mashgin

Mashgin

Series B

Mashgin offers a fast, touchless self-checkout using AI and computer vision, boosting retail efficiency.

HQ
Palo Alto, CA, US
Founded
2014
Accelerator
Y Combinator logoY CombinatorW15
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to revolutionize retail experiences through visual automation, Mashgin offers an AI-powered self-checkout system that uses computer vision to scan multiple items simultaneously without barcodes. This technology significantly reduces checkout times and enhances efficiency for retailers, leading to shorter lines and increased revenue. Mashgin's market focus includes various retail environments, from gas stations to stadiums, aiming to modernize an industry that has seen little innovation in decades.

Notable investors and affiliated individuals include prominent venture capital firms and industry leaders who recognize the transformative potential of Mashgin's technology. The company has achieved significant milestones, such as widespread adoption in high-traffic venues and partnerships with Fortune 500 brands. Mashgin's impact is evident in the dramatic reduction of checkout times and substantial revenue boosts for its clients, positioning it as a leader in retail automation.

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Mashgin - Quick Facts

Who are Mashgin's competitors?

Companies similar to Mashgin include Standard AI, Grabango, Maitian.ai and Selfycart.

When was Mashgin founded?

Mashgin was founded in 2014.

Where is Mashgin's headquarters located?

Mashgin's headquarters is located in Palo Alto, CA, US.

When was Mashgin's last funding round?

Mashgin's most recent funding round was for $62.5M (USD) in May 2022.

How much has Mashgin raised to-date?

As of May 9, 2022, Mashgin has raised a total of $73.7M (USD).

How many employees does Mashgin have?

Mashgin has 75 employees as of Feb 13, 2024.

Mashgin - Classification

Industry
  • Hardware
  • Retail
Ownership
  • Private Equity
  • Venture Capital
Technology
  • AI
  • Computer Vision
Geographic Exposure
  • Global
Revenue
  • Software
  • Transactional
Customer
  • Enterprise
Main Product
  • Retail Automation
  • Self-Checkout
Tags
  • AI
  • Retailtech
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software