MasterControl

Salt Lake City, United States Founded: 1994 • Age: 32 yrs Unicorn
Provider of governance, risk and compliance solutions for life sciences industries

About MasterControl

MasterControl is a Technology company based in Salt Lake City (United States) founded in 1994. Provider of governance, risk and compliance solutions for life sciences industries. It operates in the Technology, Healthcare, and Industrial Goods & Manufacturing sectors. MasterControl has raised $150 million across 1 funding round from investors including Sixth Street and Sixth Street Growth. The company has 701 employees. MasterControl has completed 1 acquisition, including Qualer. MasterControl was last valued at $1.3 billion in December 2022. Its website mastercontrol.com draws about 1 million monthly visits. Its focus areas include Enterprise Applications, GRC Software, Compliance and Industry. Its legal entity is MASTERCONTROL, INC. Its competitors include MetricStream, OpenQ and Octagon Research; 2 of its 3 listed competitors have raised funding.

Company details

Provider of governance, risk, and compliance solutions for life sciences industries. The platform is offering solutions in the areas of audit management, batch records, BOM software, change control, complaints management, corrective actions (CAPA), design deviations management, equipment calibration, equipment maintenance, HRfinance, incident reporting, integrated quality management, and mobile QMS system. In addition to the software, the company provides services to help clients implement their enterprise QMS.

  • Headquarters Salt Lake City, United States
  • Employees 701
  • Stage Unicorn
  • Sectors
    Technology
    Healthcare Industrial Goods & Manufacturing
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Website mastercontrol.com
  • Social LinkedIn X Facebook
  • Legal Name Mastercontrol, Inc.
Key Metrics
  • Total Equity Funding
    $150M (USD)

    in 1 rounds

  • Latest Funding Round
    $150M (USD), Unspecified

    Dec 2022

  • Investors
  • Employee Count
    701
  • Investments & Acquisitions

Funding Insights of MasterControl

MasterControl has successfully raised a total of $150M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $150 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $150M
  • Total Rounds 1
  • Last Round Unspecified β€” $150M
  • First Round $150M

    (Dec 2022)

  • Investors Count 2

All 1 funding rounds of MasterControl with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$150MUnspecified$1.3BSixth Street
–
Valuation history
DateValuationStage
Dec 2022$1.3Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.3B (Dec 2022). 2 investors in total: 2 institutional.

Investors in MasterControl

MasterControl has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sixth Street and Sixth Street Growth.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity and debt investments are managed across multiple sectors.
sixthstreet.comSan Francisco, United States
Growth-focused investment services are provided by Sixth Street Growth.
sixthstreetgrowth.comSan Francisco, United States
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Investor details for MasterControl

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People of MasterControl

143 people are tracked at MasterControl (55 in leadership, 88 in team); the tracked headcount is 701.

NameRoleGroup
Jon Beckstrand
CEOLeadership
Kevin Ash
VP of Enterprise Customer SuccessLeadership
Dave Edwards
Chief Revenue OfficerLeadership
Jacqueline Scheurer
Senior Vice President, ProductLeadership
Alicia Garcia
Chief People & Culture OfficerLeadership
Matthew M. Lowe
Chief Strategy OfficerLeadership
Michelle Newman
CFOLeadership
Steve Pemberton
Vice President Finance AccountingLeadership
Creed Smith
Director Of Data Analytics & SystemsLeadership
Travis Ruiz
Director, Cloud Services & SupportLeadership
Shawna Stoddard
Director Of Customer Account RepresentativesLeadership
Alex Kaplunov
CTOLeadership
Mathias Mullins Msit
Vice President Of Cloud / Saas OperationsLeadership
Sara Bresee
Managing Director of APACLeadership
Alan Rencher
VP of EngineeringLeadership
Kelly Starman
Advisor, Interim CMOLeadership
Kiran Dhanuka
Chief Customer OfficerLeadership
Cameron Morgensen
Vice President Of Talent AcquisitionLeadership
Marc Vandenbulcke
Vice President Global AccountsLeadership
Sue Marchant
Chief Product OfficerLeadership

123 more people are available in the full profile.

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Investments & Acquisitions by MasterControl

MasterControl has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Qualer.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based asset management software is provided for maintenance operations.
qualer.comSan Diego, United States2015Mar 2025β€’β€’β€’β€’
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Timeline of MasterControl

4 dated milestones of MasterControl across 31 years, from founding to its latest funding, stage changes and deals.

  1. Founded MasterControl is founded.
  2. Funding First funding round of $150.0M.
  3. Milestone Reaches Unicorn status.
  4. Acquisition Acquires Qualer.

Competitors of MasterControl

MasterControl has 3 listed competitors in our database, 2 of them funded. They include MetricStream, OpenQ and Octagon Research.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
metricstream.com1999San Jose, United States$213.35M515
Cloud-based regulatory solutions are provided for financial institutions.
openq.com2006Charlottesville, United States$8M52
Compliant KOL Management Software
octagonresearch.com1999Wayne, United States406
Clinical and regulatory information management software is provided for pharmaceuticals.
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Detailed competitors of MasterControl

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Web traffic of MasterControl

The website of MasterControl (mastercontrol.com) receives about 1M visits a month and ranks #39,992 among all websites worldwide, #4,915 in Programming and Developer Software.

  • Monthly visits
    1M

    ▲ 2.9% vs previous month

  • Unique visitors
    130.4K

    per month

  • Global rank
    #39,992

    among all websites

  • Category rank
    #4,915

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with MasterControl. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
qualtrax.com
100%
View details
assurx.com
100%
#2,916,131View details
laserfiche.com
99%
#105,887View details
etq.com
98%
236.5K#148,748View details
nextdocs.com
96%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for MasterControl

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Verified entity values are shown only after access is granted.

Top companies in GRC, Risk & Compliance Software

3 companies that operate in the same segment as MasterControl (GRC, Risk & Compliance Software) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B5,915
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M350
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Related news about Mastercontrol

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Frequently Asked Questions about MasterControl

MasterControl was founded in 1994 and raised its 1st funding round 28 years after it was founded.

MasterControl is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

MasterControl is a funded company, having raised a total of $150M across 1 funding round to date. The company's 1st funding round was a Unspecified of $150M, raised on Dec 2022.

MasterControl has 701 employees.

Provider of governance, risk, and compliance solutions for life sciences industries. The platform is offering solutions in the areas of audit management, batch records, BOM software, change control, complaints management, corrective actions (CAPA), design deviations management, equipment calibration, equipment maintenance, HRfinance, incident reporting, integrated quality management, and mobile QMS system. In addition to the software, the company provides services to help clients implement their enterprise QMS.

MasterControl's top competitors include Octagon Research, MetricStream and OpenQ.

MasterControl has made 1 acquisition, including Qualer.

MasterControl has 2 investors. Key investors include Sixth Street, and Sixth Street Growth.

The valuation of MasterControl is $1.3B as of Dec 2022.

MasterControl operates through Mastercontrol, Inc..

The website of MasterControl receives about 1 million visits a month and ranks #39,992 among all websites worldwide.

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