Founded Year

2014

Stage

Series B | Alive

Total Raised

$62.67M

Valuation

$0000 

Last Raised

$62.5M | 4 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-99 points in the past 30 days

About Mashgin

Mashgin specializes in AI-powered self-checkout systems within the retail automation sector. Its main product leverages 3D vision and deep learning algorithms to recognize items quickly and accurately, aiming to enhance the checkout process by reducing transaction times and increasing retailer revenue. Mashgin's technology is utilized across various sectors, including convenience stores, sports and entertainment venues, and business dining facilities. It was founded in 2014 and is based in Palo Alto, California.

Headquarters Location

849 E Charleston Road

Palo Alto, California, 94303,

United States

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Mashgin's Product Videos

ESPs containing Mashgin

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / In-Store Tech

The unattended checkout market develops solutions that enable retailers to offer unmanned point-of-sale and checkout technology. These solutions include self-checkout kiosks, mobile scan-and-pay applications, and computer vision-powered autonomous checkout systems that allow customers to shop and leave without traditional cashier interaction. Companies in this market use technologies such as AI, m…

Mashgin named as Leader among 15 other companies, including Amazon, Diebold Nixdorf, and NCR Voyix.

Mashgin's Products & Differentiators

    Mashgin Touchless Checkout System

    Mashgin is the world's fastest self-checkout system. It leverages computer vision to identify items presented from virtually any angle and instantly ring them up in a single transaction. It doesn’t need barcodes or RFIDs, perfectly consistent packaging, or particular orientations to work correctly. Consumers simply place their items down, pay, and go--in less than 10 seconds. Mashgin instantly identifies packaged goods, produce, and open plated food items (e.g., an apple or piece of fruit, salad, combo meal plate, etc.). Its patented technology has the ability to recognize any number of items simultaneously and in any orientation in which they are presented.

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Research containing Mashgin

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Mashgin in 1 CB Insights research brief, most recently on Mar 14, 2023.

Expert Collections containing Mashgin

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mashgin is included in 7 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

1,075 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

S

Store tech (In-store retail tech)

2,226 items

Companies that make tech solutions to enable brick-and-mortar retail store operations.

U

Unicorns- Billion Dollar Startups

1,309 items

G

Grocery Retail Tech

831 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.

N

New Retail Formats

368 items

Tech-enabled, physical retail selling formats that reach beyond the walls of a traditional store.

R

Retail Tech 100

200 items

The most promising B2B tech startups transforming the retail industry.

Mashgin Patents

Mashgin has filed 20 patents.

The 3 most popular patent topics include:

  • computer vision
  • image processing
  • 3d imaging
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/18/2021

6/4/2024

Machine learning, Visual system, Classification algorithms, Pseudoscience, Vision

Grant

Application Date

5/18/2021

Grant Date

6/4/2024

Title

Related Topics

Machine learning, Visual system, Classification algorithms, Pseudoscience, Vision

Status

Grant

Latest Mashgin News

Artificial Intelligence (AI)-Driven Retail Checkout Vision Market to Reach $10.18 Billion by 2029 with 26.4% CAGR

Sep 24, 2025

Get 30% Off All Global Market Reports With Code ONLINE30 – Stay Ahead Of Trade Shifts, Macroeconomic Trends, And Industry Disruptors ” — The Business Research Company LONDON, GREATER LONDON, UNITED KINGDOM, September 24, 2025 / EINPresswire.com / -- What Is The Artificial Intelligence (AI)-Driven Retail Checkout Vision Market Size And Growth? The market size for the AI-propelled retail checkout vision sector has seen an exponential expansion over the last few years. The figures are projected to escalate from $3.15 billion in 2024 up to $3.99 billion in 2025, showcasing a compound annual growth rate (CAGR) of 26.7%. The substantial growth during the past period is due to a surge in demand for swifter checkout processes, a rise in the incorporation of contactless payment systems, an elevated usage of AI in retail automation, a heightened emphasis on customer convenience, and an increasing inclination towards seamless shopping experiences. With the anticipation of experiencing significant expansion in the coming years, the retail checkout vision market, powered by artificial intelligence (AI), is projected to attain a market value of $10.18 billion by 2029. This represents an annual compound growth rate (CAGR) of 26.4%. This projected development during the forecast period is a consequence of factors such as the growing adaptability of smart store technologies, the increasing appeal for instant retail analytics, the escalating focus on customer-based shopping encounters, the burgeoning investments in automated checkout innovations, and the soaring demand for measures to prevent losses and ensure security. Main upcoming trends forecasted for this period include enhancements in AI-powered checkout algorithms, the introduction of frictionless shopping solutions, the incorporation of biometric authentication in checkout systems, advancements in sensor and camera applications, and pioneering developments in automated payment platforms. Download a free sample of the artificial intelligence (ai)-driven retail checkout vision market report: https://www.thebusinessresearchcompany.com/sample.aspx?id=27653&type=smp What Are The Current Leading Growth Drivers For Artificial Intelligence (AI)-Driven Retail Checkout Vision Market? The artificial intelligence (AI)-driven retail checkout vision market is projected to grow, fueled by the increasing uptake of cloud-based solutions. Essentially, cloud-based solutions are internet-hosted technology services and applications that offer scalable, flexible, and affordable computing resources. The drive towards digital transformation is causing a surge in the adoption of cloud-based solutions as businesses from various sectors rely on cloud technologies to revamp their operations, boost agility, augment scalability, and facilitate access to real-time data and analytics. The increased use of cloud-based solutions enhances AI-driven retail checkout vision by providing an adaptable, scalable infrastructure that permits real-time data processing, smooth integration of AI technologies, and expedited launch of innovative checkout systems, thus elevating accuracy and customer experience. For example, Eurostat, a government agency based in Luxembourg, reported that in December 2023, 45.2% of EU enterprises utilized cloud computing services (such as internet-based access to software, computing power, or storage), marking a 4.2 percentage point rise from 2021. Consequently, the growing preference for cloud-based solutions is fueling the expansion of the AI-driven retail checkout vision market. Which Companies Are Currently Leading In The Artificial Intelligence (AI)-Driven Retail Checkout Vision Market? Major players in the Artificial Intelligence (AI)-Driven Retail Checkout Vision Global Market Report 2025 include: • Amazon.com Inc. • Everseen Inc. • Scandit AG • Trigo Vision Ltd. • Zippin Inc. • SeeChange Technologies Pvt. Ltd. • CloudPick Technology Co. Ltd. • Standard AI Inc. • Mashgin Inc. • Sensei Inc. What Are The Upcoming Trends Of Artificial Intelligence (AI)-Driven Retail Checkout Vision Market In The Globe? Leading companies in the AI-infused retail checkout vision market are working on creating original solutions such as blind-spot detection to combat theft and minimise inventory loss. Blind-spot detection is a technology that vigilantly monitors areas that are not usually caught by staff or camera's eye, making it possible to identify probable theft or unscanned items in real time, increasing loss prevention and inventory precision. For example, in June 2025, Trigo Vision Ltd., a computer vision technology firm from Israel, unveiled its computer vision-AI inspired loss prevention tool, designed to immediately detect and prevent theft in stores. This is achieved by monitoring shopper behaviour, recognising unscanned or hidden items, and sending immediate alerts to the store's security while maintaining a seamless and privacy-sensitive shopping environment. The solution works with the existing CCTV infrastructure and fits effortlessly into point-of-sale systems, allowing for swift rollout without the need for considerable capital spending. By tackling theft before the checkout stage and offering valuable insights to retailers, Trigo's technology does more than just reducing inventory loss, it also boosts overall operational efficiency and customer satisfaction. Furthermore, it provides analytics that can guide more intelligent business decisions and contribute to a better-designed and more smooth shopping environment. How Is The Artificial Intelligence (AI)-Driven Retail Checkout Vision Market Segmented? The artificial intelligence (AI)-driven retail checkout vision market covered in this report is segmented 1) By Component: Hardware, Software, Services 2) By Technology: Computer Vision, Machine Learning, Deep Learning, Sensor Fusion, Other Technologies 3) By Deployment Mode: On-Premises, Cloud 4) By Application: Self-Checkout Systems, Automated Storefronts, Loss Prevention, Inventory Management, Customer Analytics, Other Applications 5) By End-User: Supermarkets Or Hypermarkets, Convenience Stores, Specialty Stores, Department Stores, Other End-Users Subsegments: 1) By Hardware: Cameras And Imaging Devices, Sensors, Self-Checkout Kiosks, Smart Shopping Carts, Edge Computing Devices 2) By Software: Artificial Intelligence Or Machine Learning Algorithms For Item Recognition, Payment Processing Software, Inventory Management Software, Analytics And Reporting Platforms, Loss Prevention And Security Software 3) By Services: System Integration And Deployment, Maintenance And Support Services, Consulting And Implementation Services, Training And Customer Support, Cloud And Remote Monitoring Services View the full artificial intelligence (ai)-driven retail checkout vision market report: https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-driven-retail-checkout-vision-global-market-report Which Is The Dominating Region For The Artificial Intelligence (AI)-Driven Retail Checkout Vision Market? In 2024, North America dominated the global market for AI-driven retail checkout vision, standing as the largest region. The anticipated fastest-growing region is Asia-Pacific. The global market report for 2025 includes data from several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Browse Through More Reports Similar to the Global Artificial Intelligence (AI)-Driven Retail Checkout Vision Market 2025, By The Business Research Company Artificial Intelligence Ai In Retail Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-in-retail-global-market-report Artificial Intelligence Ai Enabled E Commerce Solutions Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-enabled-e-commerce-solutions-global-market-report Artificial Intelligence In Supply Chain Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-supply-chain-global-market-report Speak With Our Expert: Saumya Sahay Americas +1 310-496-7795 Asia +44 7882 955267 & +91 8897263534 Europe +44 7882 955267 Email: saumyas@tbrc.info The Business Research Company - www.thebusinessresearchcompany.com Follow Us On: • LinkedIn: https://in.linkedin.com/company/the-business-research-company Oliver Guirdham The Business Research Company info@tbrc.info Visit us on social media: LinkedIn Facebook X Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Mashgin Frequently Asked Questions (FAQ)

  • When was Mashgin founded?

    Mashgin was founded in 2014.

  • Where is Mashgin's headquarters?

    Mashgin's headquarters is located at 849 E Charleston Road, Palo Alto.

  • What is Mashgin's latest funding round?

    Mashgin's latest funding round is Series B.

  • How much did Mashgin raise?

    Mashgin raised a total of $62.67M.

  • Who are the investors of Mashgin?

    Investors of Mashgin include Y Combinator, Matrix Partners, Susa Ventures, NEA, Kleiner Perkins and 16 more.

  • Who are Mashgin's competitors?

    Competitors of Mashgin include AiFi, Standard AI, Trigo, Boxy, Supersmart and 7 more.

  • What products does Mashgin offer?

    Mashgin's products include Mashgin Touchless Checkout System.

  • Who are Mashgin's customers?

    Customers of Mashgin include Circle K, Delek Stores, HMS Host and Denver Broncos.

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Compare Mashgin to Competitors

Standard AI Logo
Standard AI

Standard AI focuses on transforming the retail industry through artificial intelligence. The company offers a platform that uses artificial intelligence (AI)-powered cameras and deep algorithms to provide checkout-free shopping experiences, real-time reporting on shopper behavior, and insights into inventory and stocks. Its primary services are utilized in the retail sector. It was founded in 2017 and is based in San Francisco, California.

Inokyo Logo
Inokyo

Inokyo specializes in autonomous checkout technology for the retail sector, aiming to streamline the shopping experience. Its main offerings include a system that tracks customers' virtual carts in real-time and allows for tap and go payments, eliminating the need for traditional checkout processes. Inokyo's solutions cater to a variety of store sizes and are designed to improve operational efficiency and provide valuable customer insights. It was founded in 2018 and is based in San Francisco, California.

SandStar Logo
SandStar

SandStar operates in retail technology, focusing on AI solutions and data analytics. The company provides AI automated retail machines that use visual recognition and edge computing for self-service shopping experiences. SandStar's products aim to improve operational efficiency and profit margins for retail businesses. SandStar was formerly known as YI Tunnel. It was founded in 2016 and is based in Beijing, Beijing.

Trigo Logo
Trigo

Trigo provides a computer vision company and operates in retail. It provides a retail automation platform that uses artificial intelligence to identify shopping items with high accuracy, enabling a seamless checkout process and providing valuable retail insights. It provides EasyOut for customer shopping and related services. It primarily sells to the grocery retail industry. Trigo was formerly known as Trigo Vision. It was founded in 2018 and is based in Ramat Gan, Israel.

Zippin Logo
Zippin

Zippin provides artificial intelligence (AI)-powered checkout-free technology in the retail sector, focusing on the shopping experience in sports and entertainment venues. The company offers a platform that uses machine learning and sensor fusion to create autonomous shopping solutions, which aim to remove traditional checkout processes and reduce shopping time. Zippin's technology serves the sports and entertainment industry, as well as other retail sectors, including airports, hospitals, colleges, theme parks, and workplaces. Zippin was formerly known as Zyp. It was founded in 2018 and is based in San Francisco, California.

AiFi Logo
AiFi

AiFi specializes in autonomous retail technology and operates within the retail and technology sectors. The company offers computer vision solutions that enable retailers to implement frictionless shopping experiences without needing shelf sensors. It primarily sells to the retail industry, providing advanced analytics and AI (artificial intelligence)-powered checkout systems to enhance the shopping experience. The company was founded in 2016 and is based in Burlingame, California.

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