MasterControl

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

MasterControl is a company based in Salt Lake City (United States) founded in 1994.. MasterControl has raised $150 million across 1 funding round from investors including Sixth Street. The company has 560 employees as of December 31, 2022. MasterControl has completed 1 acquisition, including Qualer. MasterControl operates in a competitive market with competitors including MetricStream, OpenQ, Octagon Research, Qualio and Envision Pharma Group, among others.

  • Headquarter Salt Lake City, United States
  • Employees 560 as on 31 Dec, 2022
  • Stage Unicorn
  • Sectors
    Technology
    Healthcare Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mastercontrol, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Healthcare → Biotechnology, Genomics & Life Sciences Research
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $150 M (USD)

    in 1 rounds

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

    Dec 15, 2022

  • Investors
  • Employee Count
    560

    as on Dec 31, 2022

  • Investments & Acquisitions
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People of MasterControl
Headcount 500-1000
Employee Profiles 154
Employee Profiles
People
Jon Beckstrand
CEO
People
Adam Decaria
EVP of Customer Success
People
Kevin Ash
VP of Enterprise Customer Success
People
Dave Edwards
Chief Revenue Officer

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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
  • Total Rounds 1
  • Last Round Unspecified — $150.0M
  • First Round

    (15 Dec 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Unspecified - MasterControl Valuation Sixth Street
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MasterControl

MasterControl has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sixth Street. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity and debt investments are managed across multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MasterControl

MasterControl has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Qualer. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based asset management software is provided for maintenance operations.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - MasterControl

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mastercontrol Comparisons

Employees
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Competitors of MasterControl

MasterControl operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MetricStream, OpenQ, Octagon Research, Qualio and Envision Pharma Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based regulatory solutions are provided for financial institutions.
domain founded_year HQ Location
Compliant KOL Management Software
domain founded_year HQ Location
Clinical and regulatory information management software is provided for pharmaceuticals.
domain founded_year HQ Location
Web-based quality management software is delivered for life sciences firms.
domain founded_year HQ Location
Compliant global publication planning is offered for life sciences.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mastercontrol

Frequently Asked Questions about MasterControl

When was MasterControl founded?

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

Where is MasterControl located?

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

Is MasterControl a funded company?

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 15, 2022.

How many employees does MasterControl have?

As of Dec 31, 2022, the latest employee count at MasterControl is 560.

What does MasterControl do?

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.

Who are the top competitors of MasterControl?

MasterControl's top competitors include Envision Pharma Group, Qualio and Octagon Research.

How many acquisitions has MasterControl made?

MasterControl has made 1 acquisition, including Qualer.

Who are MasterControl's investors?

MasterControl has 1 investor. Key investors include Sixth Street.

What is MasterControl's valuation?

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

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