# Mashgin funding: rounds and investors

> Mashgin has raised $63M across 2 rounds since 2014. Investors include Y Combinator, New Enterprise Associates and UpHonest Capital. Every round with its source.

Source: https://millionrounds.com/company/mashgin (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Mashgin*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advanced Manufacturing

Valuation: $1.5B, Mar 2026 Y Combinator: W15

Funding summary Updated 26 Oct 2026

**$63M** raised across 2 rounds since 2014, from 2 sources

**$120K** Seed **$63M** Series B

- **Latest round:** Series B, $63M May 2022
- **Step-up i:** 520.8×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2018 2020 2022

**$120K** Seed

**$63M** Series B

- **First round:** Seed, $120K
- **Biggest round:** $63M
- **Between rounds:** 7.4 years

## The rounds

- **May 2022** Series B **$63M** *3 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [Root Ventures](https://millionrounds.com/fund/root-ventures) Source recorded
- **Dec 2014** Seed **$120K** *2 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [KPCB Edge](https://millionrounds.com/fund/kpcb-edge) From a historical funding record

## Founders and team

From Mashgin's own website: 9 on the team.

- **Sal Jamal** President | Chestnut Petroleum Distributors
- **Christian Lau** Chief Technology Officer | LA Football Club
- **Barbara Goersch** General Manager for Aramark | John Deere
- **Bill Bolton** Director of Retail Operations | Morrison Healthcare
- **Chris Reynolds** District Manager at UT Austin | Sodexo
- **Christian Andersen** Senior Manager Food and Beverage | Palisades Tahoe
- **Jay Smith** Director of Operations | Chartwells
- **Mario Martinez** Resident District Manager | Spartan Eats
- **Mark Micallef** Director of Food & Beverage

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Series B** 2022 [Y Combinator](https://millionrounds.com/fund/y-combinator) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [Root Ventures](https://millionrounds.com/fund/root-ventures) [KPCB Edge](https://millionrounds.com/fund/kpcb-edge)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

[UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm **1** round

[Root Ventures](https://millionrounds.com/fund/root-ventures) VC firm **1** round

[KPCB Edge](https://millionrounds.com/fund/kpcb-edge) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mashgin).

## Also claim to have backed them

These 3 firms list Mashgin as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm Per its own site

[Catapult](https://millionrounds.com/fund/catapult-vc) VC firm Per its own site

[Free State Forge](https://millionrounds.com/fund/free-state-forge) Angel network Per its own site

## Quick answers about Mashgin

### Who invested in Mashgin?

Mashgin's investors include Y Combinator, New Enterprise Associates, UpHonest Capital, Root Ventures and KPCB Edge.

### How much has Mashgin raised?

Mashgin has raised $63M across 2 rounds since 2014.

### When did Mashgin last raise?

Mashgin's most recent round was a Series B of $63M in May 2022.

### What was Mashgin's biggest round?

Its most recent round, $63M in May 2022, is also its largest on record.

### Who backed Mashgin first?

Mashgin's first round on record, in Dec 2014, was backed by Y Combinator and KPCB Edge.

### What stage is Mashgin at?

Mashgin's latest named round is a Series B, in May 2022.

### Where is Mashgin based?

Mashgin is based in the United States.

## Companies like Mashgin

In the same sector, and raised in the last eighteen months.

[**Ultrasonium** Sept 2026](https://millionrounds.com/company/ultrasonium)[**BILT** $272M · Sept 2026](https://millionrounds.com/company/bilt)[**HopFlyt** $2.0M · Sept 2026](https://millionrounds.com/company/hopflyt)[**FluidForm Bio** $1.7M · Aug 2026](https://millionrounds.com/company/fluidform-bio)[**unspun** $42M · Aug 2026](https://millionrounds.com/company/unspun)[**Vntana** $5.3M · Jul 2026](https://millionrounds.com/company/vntana)

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