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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.

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.
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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
Ranked
Employee Count
127 as on Jun 30, 2026
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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
-
-
-
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Mashgin's founders and board of directors

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The 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:

Mashgin's employee count trend

Mashgin has 127 employees as of Jun 26. Here is Mashgin's employee count trend over the years:
Employee count trend for Mashgin
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Caper
Caper
2015, Brooklyn (United States), Acquired
Provider of AI-powered shopping carts and related retail technology solutions
$12.7M
63/100
2nd
Logo for Three Square Market
Three Square Market
1995, Hudson (United States), Acquired
Micro-market technology solutions provider
-
-
54/100
3rd
Logo for Mashgin
Mashgin
2013, Palo Alto (United States), Series B
Developer of an AI-powered platform for streamlining retail checkout processes
$75M
51/100
4th
Logo for Skip
Skip
2016, South Jordan (United States), Acquired
Provider of smart display for self-checkout at retail stores
-
48/100
5th
Logo for Moltin
Moltin
2013, Boston (United States), Acquired
Provider of modular commerce software for business to business transactions
$13.4M
47/100
6th
Logo for Grabango
Grabango
2016, Sacramento (United States), Series B
Provider of app-based automated checkout solutions for offline retailers
$79.3M
46/100
7th
Logo for Yoke
Yoke
2013, Los Angeles (United States), Funding Raised
App-based mobile payment gateway for various business
-
44/100
8th
Logo for Henderson Technology
Henderson Technology
1897, Antrim (United Kingdom), Unfunded
Developer of integrated hardware and software solutions for retail environments
-
-
44/100
9th
Logo for ECRS
ECRS
1989, Boone (United States), Unfunded
POS and mPOS software solutions for offline retailers
-
-
44/100
10th
Logo for Veeve
Veeve
2018, Seattle (United States), Series A
AI-powered checkout solutions for retailers
$10.8M
40/100
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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

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Media has covered Mashgin for 1 event in last 1 year, It was about company updates.
Mashgin's AI Checkout Technology Surpasses 1 Billion TransactionsRetail Technology Innovation HubApr 30, 2025Mashgin
Mashgin unveils biometric integration with KeyoSports Business JournalJan 16, 2024Mashgin, Keyo
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