Mashgin

About

Mashgin is a software company that makes AI and computer vision checkout systems.

Palo Alto,California,United States
51 - 100
http://www.mashgin.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $62.50M
Industries: 3D Technology,Artificial Intelligence,Computer Vision,Retail Technology,Software
Founded date: Sep 1, 2014
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Mashgin Inc.

Mashgin's A.I. based self-checkout system can be deployed in a matter of minutes and at the fraction of the cost of Amazon Go. This system is already deployed across hundreds of locations and is used by tens of thousands of people every day.

Mashgin was founded in 2014 and is based in Palo Alto, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$73.69M

Mashgin has raised a total of $73.69M in funding over 2 rounds. Their latest funding was raised on May 9, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 9, 2022	Series B	$62.50M	2	New Enterprise Associates	—	Detail
Nov 28, 2017	Series A	$8.20M	2	Matrix Partners	—	Detail
Apr 15, 2015	Seed	$2.80M	12	—	—	Detail
Jan 19, 2015	Pre-seed	$120K	1	Y Combinator	—	Detail
Sep 2, 2014	Convertable Note	$75K	1	Highway1	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

15

Mashgin is funded by 15 investors. New Enterprise Associates and Highway1 are the most recent investors.

Investor Name	Lead Investor	Funding Round
New Enterprise Associates	Yes	Series B
Highway1	Yes	Convertable Note
Matrix Partners	—	Series B
TenOneTen Ventures	—	Series A
ACE & Company	—	Seed
Avichal Garg	—	Seed
Brad Flora	—	Seed
Evan Beard	—	Seed
KPCB Edge	—	Seed
Louis Beryl	—	Seed