Mashgin provides a touchless self-checkout system that uses AI and computer vision so customers can place items on a tray and pay electronically without scanning bar codes. Its kiosks are deployed in more than 800 locations, including convenience stores, stadiums, airports, universities, and corporate and hospital cafeterias. The company reports profitability and has processed more than 35 million transactions, totaling $310 million in transaction volume to date. Customers and partners include ampm, Delek, HMS Host, Arrowhead Stadium, SAP Center, Madison Square Garden, Citi Field, Aramark, Compass Group and Sodexo. Founded in 2013 and led by CEO Abhinai Srivastava and CTO Mukul Dhankar, Mashgin plans to use new capital to grow its team, accelerate expansion and scale internationally. The product positioning emphasizes instant customer gratification and increased retailer revenue through faster checkout.

Total raised

$63M

Funding rounds

1

Latest round

Series B

Latest activity

May 2022