Mashgin

Mashgin is a technology company based in Palo Alto, California, founded in 2014.

It specializes in developing an AI-powered touchless self-checkout ecosystem that enhances the retail experience by eliminating the need for barcodes or manual scanning. Utilizing advanced 3D computer vision and deep learning, Mashgin's system can instantly identify items based on their shape, size, and color, allowing for a seamless checkout process. The company's flagship product, the Touchless Checkout Kiosk, recognizes both packaged and non-packaged items in less than a second. Customers can place their items on a tray, complete their payment, and leave in as little as five seconds. With deployments in over 3,500 locations globally, including stadiums, airports, and universities, Mashgin has processed over 31 million transactions, significantly reducing checkout times and increasing revenue for its clients. The company has achieved unicorn status with a valuation of $1.5 billion and continues to expand its impact in the retail technology sector.