Full-Time
Business Operations Director
Confirmed live in the last 24 hours
Mashgin
51-200 employees
Touchless self-checkout systems using AI
Compensation Overview
$225k - $310kAnnually
Expert
Palo Alto, CA, USA
Hybrid role requiring a few days in-office each month.
- 9+ years of relevant experience in investment banking, management consulting, private equity, corporate planning, business finance, analytics, or related fields
- Demonstrated ability to distill complex issues into structured frameworks and develop concrete action plans
- Comfort with performing analytical work with large data sets to perform modeling, forecasting, and sales analyses
- Experience working with executive leadership and partnering with sales leadership
- Demonstrated ability to build processes from scratch
- Taking on a mix of strategy and operations projects to accelerate growth, improve the customer experience, and increase operational efficiency
- Working closely with leaders across the company on a project basis; finding and taking advantage of opportunities for growth, jumpstarting new teams/initiatives, and helping to get the most important new initiatives off the ground.
- Strong understanding of retail payment systems
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 other retail technology companies, 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 lot of transactions.
Company Size
51-200
Company Stage
Series B
Total Funding
$68.8M
Headquarters
Palo Alto, California
Founded
2014
Simplify's Take
What believers are saying
- Partnership with Verifone expands reach to 40% of U.S. convenience stores.
- Collaboration with Keyo enhances security with biometric ID integration.
- Integration with PDI broadens deployment in convenience retail and petroleum sectors.
What critics are saying
- Biometric ticketing in stadiums may reduce demand for Mashgin's kiosks.
- Verifone partnership may falter if Commander solution underperforms.
- Privacy concerns over biometric ID could lead to regulatory challenges.
What makes Mashgin unique
- Mashgin's AI-based system deploys faster and cheaper than Amazon Go.
- Their technology reduces transaction times to an average of 27 seconds.
- Mashgin's systems are touchless, enhancing hygiene and customer experience.
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Benefits
Competitive healthcare, dental & vision options
Competitive equity
Hybrid remote environment
Office snacks
Flexible PTO
401k
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↑ 0%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 today’s fast-paced retail environment. Ellie Smith, global head of digital acceptance at Discover® 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 companies’ integration, announced Monday (May 20), will let Mashgin deploy its computer vision self-checkout system via Verifone’s 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." – 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 MLB’s 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