Palo Alto, United States
Mashgin, founded in 2014, is redefining the checkout experience with its revolutionary AI-powered technology. The company's slogan, "The world's best checkout experience. Powered by AI. Feels like magic," reflects its ambition to transform customer interactions at retail points.
Operating within the Computer Vision industry and headquartered in the United States, Mashgin leverages a unique ecosystem of 3D computer vision and deep learning to reduce the friction between purchase intent and transaction completion. Their innovation is being rapidly adopted across various verticals, including partnerships with the NFL, MLB, and Aramark.
In terms of financial backing, Mashgin closed a substantial $62.50M Series B investment on 09 May 2022. The round included notable investors like New Enterprise Associates and Matrix, demonstrating strong confidence in Mashgin's growth potential. The company's innovative approach positions it well for future expansion in the thriving automated checkout sector.
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