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Industries
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$70.7M
Headquarters
Palo Alto, California
Founded
2014
Mashgin creates touchless self-checkout systems that use Artificial Intelligence and Computer Vision to improve the checkout process in busy places like stadiums, airports, and event venues. Their kiosks can quickly recognize multiple items placed on them, allowing transactions to be completed in about 27 seconds. This technology helps large venues reduce long lines and enhance customer satisfaction by providing a faster checkout experience. Unlike many competitors, Mashgin focuses specifically on high-traffic environments and offers their kiosks for sale or lease, along with service contracts. The goal of Mashgin is to streamline the checkout process and improve operational efficiency for businesses that handle a high volume of transactions.
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Total Funding
$70.7M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Competitive healthcare, dental & vision options
Competitive equity
Hybrid remote environment
Office snacks
Flexible PTO
401k
Mashgin welcomes Peter Atkin as CRO and Eric Meyerson as VP marketing to help build the future of checkout.
Human interaction used to be essential for finalizing transactions at traditional point-of-sale locations. However, there has been a shift, with unattended payments technologies increasingly becoming indispensable in todayâs fast-paced retail environment. Ellie Smith, global head of digital acceptance at DiscoverÂŽ Global Network, pointed to a confluence of factors propelling this trend in an interview with PYMNTS
Touchless self-checkout company Mashgin has launched a partnership with payments solution provider Verifone. The two companiesâ integration, announced Monday (May 20), will let Mashgin deploy its computer vision self-checkout system via Verifoneâs Commander solution, found at 40% of convenience stores in the country. According to a news release, the integration lets retailers offer faster checkouts while running payments, fueling operations and loyalty programs through one central Commander Site Controller
"Our goal is to enable as many retailers as possible to cut lines by adding a convenient self-checkout option. The integration with Verifone's Commander system will make Mashgin an attractive option for tens of thousands of convenience retailers." â Jack Hogan, SVP of Partnerships at Mashgin
Baseball season officially kicks off March 28, and fans are set to experience a shift in their stadium visits across the country. One such change is taking place at Citizens Bank Park, home to the Philadelphia Phillies, where facial recognition ticketing will be introduced at all main entrance gates on opening day. The implementation of this biometric ticketing system is part of the MLBâs broader initiative to introduce its Go-Ahead Entry facial authentication technology across all stadiums league-wide during the 2024 season. Other teams, including the Houston Astros, are planning to deploy the system starting on opening day, with more expected to adopt it throughout the season
$225k - $350k/yr
Palo Alto, CA, USA
$140k - $205k/yr
Palo Alto, CA, USA
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UI/UX & Design
1 Open Roles
Discover companies similar to Mashgin
Industries
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$70.7M
Headquarters
Palo Alto, California
Founded
2014
San Francisco, CA, USA
$225k - $350k/yr
Palo Alto, CA, USA
$140k - $205k/yr
Palo Alto, CA, USA
Find jobs on Simplify and start your career today
UI/UX & Design
1 Open Roles
Discover companies similar to Mashgin