How Much Did MasterControl Raise? Headquarters, Funding & Key Investors

MasterControl, founded in 1994 and based in Salt Lake City, Utah, is a governance, risk, and compliance software provider for the life sciences sector. The company has raised a total of $150 million in funding, most recently in December 2022, led by Sixth Street, reaching a $1.3 billion valuation. With around 560 employees, MasterControl offers solutions for audit management, CAPA, batch records, change control, and mobile QMS systems, helping pharmaceutical, biotech, and medical device organizations ensure regulatory compliance, improve efficiency, and uphold high-quality operational standards globally.

How Much Did MasterControl Raise? Funding & Key Investors

MasterControl has raised substantial capital across multiple funding rounds, most recently securing $150 million in December 2022, led by Sixth Street, at a $1.3 billion valuation. Founded in 1994, MasterControl specializes in providing governance, risk, and compliance solutions tailored for the life sciences sector.

What Is MasterControl and What Does It Do?

MasterControl, founded in 1994, is a Salt Lake City-based company that provides governance, risk, and compliance software for life sciences organizations. The platform offers solutions spanning audit management, batch records, change control, corrective actions (CAPA), design deviations, equipment maintenance, incident reporting, and mobile QMS systems, helping companies streamline regulatory compliance.

MasterControl serves pharmaceutical, biotech, and medical device clients, combining robust software with implementation services to ensure smooth adoption of enterprise quality management systems. With approximately 560 employees, the company focuses on enhancing operational efficiency and upholding high compliance standards, thereby positioning itself as a trusted partner in the global life sciences sector.

How Much Funding Has MasterControl Raised?

1. Seed

Amount Raised: $150M
Date: December 2022
Lead Investors: Sixth Street
Motivation: To expand enterprise QMS offerings and enhance global operations.

Total Funding Raised: $150 Million

Current Valuation: $1.3 Billion (as of December 2022)

Latest Funding Date: December 2022

Key Investors

1. Sixth Street

Details: A global investment firm focusing on growth-stage companies and strategic investments.
Investment Focus Areas: Private equity, growth capital, and late-stage investments.
Notable Investments: Caris Life Sciences, Sorgenia, Bay FC, Airbnb, Spotify.

Where Is MasterControl’s Headquarters?

MasterControl is headquartered in Salt Lake City, Utah, USA, a hub for technology and life sciences companies. The location supports its focus on delivering high-quality software solutions to clients globally.

What’s Next for MasterControl?

MasterControl is poised to strengthen its position as a leading provider of enterprise quality management solutions for the life sciences sector. With backing from Sixth Street, the company is likely to enhance its platform, expand into new markets, and explore strategic partnerships. As regulatory demands evolve, MasterControl’s combination of software and services positions it to help organizations maintain compliance while driving operational efficiency.

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