Mashgin

Palo Alto, United States Founded: 2013 • Age: 13 yrs
Computer-vision self-checkout solutions are provided for offline retailers.
Annual revenue - Latest available
Total funding $62.6M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Mashgin

Mashgin is a company based in Palo Alto (United States) founded in 2013 by Abhinai Srivastava and Mukul Dhankhar. Mashgin has raised $62.62 million across 2 funding rounds from investors including NEA, Matrix and Y Combinator. Mashgin offers products and services including Mashgin Kiosk. Mashgin operates in a competitive market with competitors including Grabango, AiFi, Focal systems, Accel Robotics and Malong Technologies, among others.

  • Headquarter Palo Alto, United States
  • Founders Abhinai Srivastava, Mukul Dhankhar
  • Stage Unicorn
  • Sectors
    Retail
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mashgin Inc
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $62.62 M (USD)

    in 2 rounds

  • Latest Funding Round
    $62.5 M (USD), Series B

    May 09, 2022

  • Investors
    NEA

    & 2 more

  • Employee Count
    Not available
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Products & Services of Mashgin

Mashgin offers a comprehensive portfolio of products and services, including Mashgin Kiosk.

Product name locked
Category locked
Primary

AI platform for automatic item recognition and faster retail checkout

People of Mashgin

Headcount 50-200
Employee Profiles 40
Employee Profiles
People
Andrew H.
Head Of Revenue Operations
People
Abhinai Srivastava
Founder & CEO
People
Ryan Michaels
Customer Success Manager
People
Mario Paganini
Chief Marketing Officer

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Funding Insights of Mashgin

Mashgin has successfully raised a total of $62.62M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $62.5 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Mashgin

Mashgin has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include NEA, Matrix and Y Combinator.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
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Early-stage ventures are funded by the investment firm.
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Mashgin

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by Mashgin

Investments
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Investment portfolio details for Mashgin

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Financial Statements - Mashgin

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Detailed financials for Mashgin

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  • Profit trends
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Mashgin Comparisons

Mashgin Primary company
Description
Computer-vision self-checkout solutions are provided for off...
Location
Palo Alto, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Mashgin

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Competitors of Mashgin

Mashgin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Grabango, AiFi, Focal systems, Accel Robotics and Malong Technologies, among others.

Company Name Domain Founded year HQ Location Description
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App-based automated checkout solutions are provided for offline retailers.
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AI-based autonomous store solutions are provided for retailers and brands.
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AI-based suite solution for offline businesses
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AI-based automated checkout solutions are developed for offline retailers.
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AI-based body temperature detection systems for retail are provided.
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Detailed competitors of Mashgin

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

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Latest news on Mashgin

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Complete news archive for Mashgin

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Frequently Asked Questions about Mashgin

Mashgin was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Mashgin is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Abhinai Srivastava is the current CEO of Mashgin. They have also founded this company.

Mashgin is a funded company, having raised a total of $62.62M across 2 funding rounds to date.

Mashgin was founded in 2013 and is headquartered in Palo Alto, United States. Computer-vision technology is utilized to deliver self-checkout systems for offline retail environments. Kiosks are trained on individual store items prior to deployment, enabling automatic recognition of purchases and billing. Operations focus on streamlining checkout processes in retail and cafeteria settings through visual item sorting and transaction handling.

Mashgin's top competitors include Grabango, Focal systems and AiFi.

Mashgin offers Mashgin Kiosk.

Mashgin has 3 investors. Key investors include NEA, Matrix, and Y Combinator.

The valuation of Mashgin is $1.5B as of May 2022.

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