Sports Business Journal reported Mashgin laid off employees during the COVID downturn when public venues shut down and cash reserves fell sharply.
SourcePublic company, workplace, funding, and market signals
Updated Aug 16, 2026
Mashgin is an AI-powered self-checkout company that uses 3D computer vision and deep learning to recognize items without barcode scanning, enabling faster checkout for retail, venues, and food service operators.
Primary product
AI-powered touchless self-checkout kiosks/platform
Founded
2014
Headquarters
Palo Alto, California, United States
Team size
51-200
Industry
Software Development
Sub-industry
AI-powered self-checkout / computer vision retail technology
Offices
Business model
Stage
Series B
Total raised
$73.8M
Latest round
Series B · May 2022
Latest amount
$62.5M
May 2022 · NEA
Nov 2017 · Matrix
Sep 2015
Mar 2015
Leadership
Founder & CEO
Founder
Peter Atkin
Chief Revenue Officer
Eric Meyerson
Vice President of Marketing
Chief Marketing Officer
General Manager - Fuel and C-Stores
Vice President of People and Global Services
Devin Blong
Head of Product
Chi Wey
Director of Hardware Engineering
Toby Awalt
Vice President Marketing
Public sources portray Mashgin as a small, high-growth, engineering-heavy team focused on real-world product impact, with strong emphasis on speed, product execution, and scaling deployments. Public evidence about specific employee benefits is limited.
Compensation
Public third-party sources show example salary ranges for a few roles (for example, software engineer around USD 121,858 annual, project coordinator around USD 54,794 annual, technical support around USD 37,448 annual). No formal company-wide compensation policy was publicly found.
Pricing
Not publicly disclosed; likely enterprise sale of hardware/software checkout systems with deployment and support services.
Differentiators
Technology
Customers
Competitors
Estimated revenue
USD 1M-10M (best public estimate; Exa/LinkedIn-derived)
Estimated monthly visits
21.4K
Traffic estimate as of Jun 2026
Sports Business Journal reported Mashgin laid off employees during the COVID downturn when public venues shut down and cash reserves fell sharply.
SourceCompany reportedly came close to running out of cash during COVID, with bank balance at one point down to $50,000 before later recovery.
SourceGlobeNewswire · Sep 2024
Mashgin added senior go-to-market leaders to support growth and emphasized its profitable, patented checkout technology.
Sports Business Journal · Jul 2023
A detailed profile covering Mashgin's pandemic-era cash crunch, layoffs, profitability, growth, and expansion across sports venues and other verticals.
Supermarket News · Mar 2023
Reported major commercial expansion with Circle K/Couche-Tard, indicating broad rollout into convenience retail.
Retail Dive · May 2022
Secondary reporting on the Series B round, use of proceeds, profitability, and customer segments.
PR Newswire · May 2022
Company announced Series B financing, unicorn valuation, and investors NEA and Matrix Partners.
15 jobs at Mashgin