M

Mashgin

www.mashgin.com link_icon

Company Research Report: Mashgin Inc.



Company Overview



  • Name: Mashgin Inc.

  • Mission: The company is on a mission to create a frictionless checkout experience for all using advanced computer vision technology.

  • Founded: No information is available about the year of founding or the founders.

  • Key People: Recently hired key personnel include Peter Atkin as Chief Revenue Officer and Eric Meyerson as Vice President of Marketing.

  • Headquarters: No information is available about the location of the headquarters.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Notable For: Mashgin is known for its AI-powered computer vision technology which enables a seamless and rapid self-checkout experience.


Products



Mashgin Kiosk


  • Product Description: Mashgin Kiosks utilize AI-powered computer vision to enable a touchless, seamless checkout process without the need for barcodes. The technology simplifies and accelerates the checkout by identifying items based on their visual characteristics.

  • Key Features:

  • Touchless Checkout: No barcode scanning is required.

  • Fast Identification: Identifies multiple items in less than a second.

  • Increased Revenue: Designed to boost revenues by 20% to 400%.

  • Error Reduction: Minimizes checkout errors and scanning mistakes.

  • Ease of Integration: Can be easily added to existing systems.

  • Immediate Results: Clears long queues quickly, enhancing customer experience.


Recent Developments



  • New Products & Features:

  • Contactless Pay By Palm Technology: In partnership with Keyo, Mashgin's kiosks now include biometric ID technology for a smoother transaction experience.

  • Launch at New Universities: Mashgin has introduced its kiosks at 25 new university campuses, improving the student experience by significantly reducing transaction times.


  • Partnerships:

  • Verifone Partnership: Collaborated to integrate AI-powered self-checkout.

  • Wicket Partnership at BMO Stadium: Enhancing fan experiences with facial authentication for payments and age verification.


  • Deployments:

  • Expansions: Mashgin has launched its kiosks at locations such as TD Garden, Michigan Stadium, BMO Stadium, and more, often achieving significant boosts in sales and customer satisfaction.

  • Installations at Stadiums and Universities: Including Thunder Ridge Nature Arena, Madison Mallards' stadium, and various university campuses.


  • Security and Compliance:

  • Successfully passed GDPR audit, ensuring that the speed provided by AI self-checkout does not compromise data security and privacy.


Conclusion



No additional commentary is provided beyond the structured information in this comprehensive report.