Mashgin

Backed byNEA
Total raised$62.5M
StageSeries B
Hiring pace5 roles / 90d
Founded2014
Team size51-200 employees
HQPalo Alto, California
IndustriesAI/MLComputer VisionRetail TechnologyHardwareSaaS

About Mashgin

Mashgin develops automated checkout technology. Mashgin's mission is to reduce friction between customer desires and their ability to be on their way. Mashgin participated in Y Combinator Winter 2015 (YC W15). Mashgin closed a $62.5 million Series B funding round in May 2022 at a $1.5 billion valuation and is backed by investors including Matrix Partners, NEA, and Y Combinator. Its ecosystem is anchored by the only 3D computer vision and deep learning-based checkout system in the world. Mashgin is live in over 1,500 locations worldwide and has a footprint of more than 4,000 locations with customers including the NFL, MLB, Circle K, ampm, Aramark, and Compass Group.

Open positions · 5

Location

Culture & values

Mashgin values autonomy in the work of its employees.

Mashgin maintains a culture of respect for one another.

Mashgin builds products with empathy for its customers.

Funding History

Series BMay 2022

$62.5M

raised

Valuation: $1.5B

Mashgin, a touchless self-checkout system, raised a $62.5M Series B at a $1.5B valuation led by NEA; Matrix Partners participated.

NEAMatrix Partners

Life at Mashgin

Frequently asked questions

Companies similar to Mashgin

Ambi

Ambi is building the interface for the AI era - software and hardware that move at the speed of thought. We're creating a living memory system that turns conversations, meetings, and daily signals into one connected knowledge base, across phone, watch, and desktop. Backed and early-stage, headquartered in San Francisco with hybrid flexibility - this is a ground-floor seat on category-defining hardware.

AI/ML11-50
Arbio

Arbio, headquartered in Berlin, Germany, is building an AI-native property management platform for short-term rentals across Europe. It currently manages over 1,000 apartments and operates real properties in Berlin, Hamburg, Vienna, and Leipzig, with plans to expand to additional European cities. The company has raised a $36 million Series A funding and maintains an engineering team of five engineers. Arbio’s platform uses AI to observe, decide, and act on real-world property operations with humans in the loop, enabling AI-assisted management of short-term rental properties across Europe.

AI/ML51-200
Arga Labs

Arga Labs provides isolated sandbox environments equipped with API twins of third-party services, enabling developers and organizations to safely test and train AI agents without risking their production systems. By offering a controlled testing ground that mirrors real-world APIs, the company allows teams to experiment with AI implementations, validate workflows, and refine agent behavior in a risk-free setting. This approach addresses a critical need in AI development, where testing in live environments can introduce costly errors or security vulnerabilities.

AI/ML1-10