Mashgin - About the company
Mashgin is a series B company based in Palo Alto (United States), founded in 2013 by Mukul Dhankhar and Abhinai Srivastava. It operates as a Developer of an AI-powered platform for streamlining retail checkout processes. Mashgin has raised $75M in funding from New Enterprise Associates and Matrix, with a current valuation of $1.5B. The company has 31 active competitors, including 8 funded and 7 that have exited. Its top competitors include companies like Caper, Three Square Market and Skip.
Sectors and market segments that Mashgin operate in
Mashgin serves in the Food and Agriculture Tech, Retail, High Tech, Native AI market segments.The primary business model of Mashgin are:Company Details
Developer of an AI-powered platform for streamlining retail checkout processes. The platform employs multiple cameras and artificial intelligence to identify items. It integrates with existing point-of-sale, payment, and loyalty systems. The company provides support and implementation services to ensure successful deployment.
- Website
- www.mashgin.com/
- Email ID
- *****@mashgin.com
- Phone Number
- +1 **********
- Registered Address
- Palo Alto, California
Key Metrics
Founded Year
2013
Location
Palo Alto, United States
Stage
Series B
Total Funding
$75M in 2 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on May 09, 2022
Investors
Ranked
3rd among 31 active competitors
Employee Count
127 as on Jun 30, 2026
Legal entities associated with Mashgin
Mashgin is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Mashgin, Inc. CIN: 462721369 , United States, Active | Dec 26, 999 | - | 80 (As on Dec 31, 2024) | - |
MASHGIN INC CIN: 32066762785 , United States, Active | - | - | - |
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Mashgin's funding and investors
Mashgin has raised a total funding of $75M over 2 rounds. Its first funding round was on Mar 24, 2015. Its latest funding round was a Series B round on May 09, 2022 for $62.5M. 2 investors participated in its latest round. Mashgin has 18 institutional investors.
Here is the list of recent funding rounds of Mashgin:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 09, 2022 | $62.5M | Series B | $1.5B | - | - | |
Mar 24, 2015 | $120K | Seed | - | - | - |
View details of Mashgin's funding rounds and investors
Mashgin's founders and board of directors
Founder? Claim ProfileThe founders of Mashgin are Mukul Dhankhar and Abhinai Srivastava. Abhinai Srivastava is the CEO of Mashgin.
Here are the details of Mashgin's key team members:
- Mukul Dhankhar: Co-Founder of Mashgin. Contact Info: 1 email address
- Abhinai Srivastava: Co-Founder & CEO of Mashgin. Contact Info: 1 email address
View details of Mashgin's Founder profiles and Board Members
Mashgin's employee count trend
Mashgin has 127 employees as of Jun 26. Here is Mashgin's employee count trend over the years:
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Mashgin's Competitors and alternates
Top competitors of Mashgin include Caper, Three Square Market and Skip. Here is the list of Top 10 competitors of Mashgin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Caper 2015, Brooklyn (United States), Acquired | Provider of AI-powered shopping carts and related retail technology solutions | $12.7M | 63/100 | |
2nd | Three Square Market 1995, Hudson (United States), Acquired | Micro-market technology solutions provider | - | - | 54/100 |
3rd | Mashgin 2013, Palo Alto (United States), Series B | Developer of an AI-powered platform for streamlining retail checkout processes | $75M | 51/100 | |
4th | Skip 2016, South Jordan (United States), Acquired | Provider of smart display for self-checkout at retail stores | - | 48/100 | |
5th | Moltin 2013, Boston (United States), Acquired | Provider of modular commerce software for business to business transactions | $13.4M | 47/100 | |
6th | Grabango 2016, Sacramento (United States), Series B | Provider of app-based automated checkout solutions for offline retailers | $79.3M | 46/100 | |
7th | Yoke 2013, Los Angeles (United States), Funding Raised | App-based mobile payment gateway for various business | - | 44/100 | |
8th | Henderson Technology 1897, Antrim (United Kingdom), Unfunded | Developer of integrated hardware and software solutions for retail environments | - | - | 44/100 |
9th | ECRS 1989, Boone (United States), Unfunded | POS and mPOS software solutions for offline retailers | - | - | 44/100 |
10th | Veeve 2018, Seattle (United States), Series A | AI-powered checkout solutions for retailers | $10.8M | 40/100 |
Looking for more details on Mashgin's competitors? Click here to see the top ones
Mashgin's Investments and acquisitions
Mashgin has made no investments or acquisitions yet.
Reports related to Mashgin
Here is the latest report on Mashgin's sector:
News related to Mashgin
Media has covered Mashgin for 1 event in last 1 year, It was about company updates.
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Los Angeles Football Club Deploys Mashgin AI Checkout System at BMO StadiumRetail Technology Innovation Hub•Jul 29, 2026•Mashgin, Bmostadium, LAFC
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Mashgin's AI Checkout Technology Surpasses 1 Billion TransactionsRetail Technology Innovation Hub•Apr 30, 2025•Mashgin
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Mashgin deploys 20 POS self-checkout kiosks at sports complex in AustraliaVendingmarketwatch•Jan 31, 2024•Mashgin
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Metz Culinary Management teams with Mashgin on contactless checkoutVending Times•Nov 29, 2023•Metz Culinary, Mashgin
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Mashgin self-checkout technology integrates with PDI’s retail softwareVending Times•Apr 17, 2023•Mashgin, PDI Technologies
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Mashgin checkout system to offer Shift4 payment processingVending Times•Feb 23, 2023•Mashgin, Shift4
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Smart checkout rolling out to Circle K, Couche-Tard storesRetailCustomerExperience•Jun 07, 2022•Circle K, Couche-Tard, Mashgin
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