When was MasterControl founded?

MasterControl was founded in 1994 and become a unicorn in its 1st funding round in 2022.

Where is MasterControl located?

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

Who is the current CEO of MasterControl?

Jonathan Beckstrand of MasterControl.

How many employees does MasterControl have?

As of Mar 31, 2026, the latest employee count at MasterControl is 774.

Is MasterControl a funded company?

MasterControl is a funded company, having raised a total of $150M in its 1st and only funding round, a Unattributed round on Dec 15, 2022.

How much is MasterControl worth?

The latest valuation of MasterControl is $1.3B as of Dec 15, 2022.

When was the latest funding round of MasterControl?

MasterControl's latest funding was a $150M Unattributed round on Dec 15, 2022, with participation from 1 investor.

Is MasterControl a Manufacturing Tech company?

The primary sectors of MasterControl are Manufacturing Tech, GRC Software and Life Sciences Tech.

Where does MasterControl rank among its competitors?

MasterControl ranks 5th amongst 162 active competitors, of which 30 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Kneat Solutions, which secured $20M in Feb, 2024.

Who are the top competitors of MasterControl?

MasterControl's top competitors include MetricStream, Qualio and Envision Pharma Group. Among them, Kneat Solutions secured the most recent funding round in February, 2024.

MasterControl - 2026 Company Profile, Team, Funding & Competitors

MasterControl is a late stage company based in Salt Lake City (United States), founded in 1994. It operates as a Developer of software for quality, manufacturing, and asset management solutions. MasterControl has raised $150M in funding from Sixth Street, with a current valuation of $1.3B. The company has 162 active competitors, including 30 funded and 20 that have exited. Its top competitors include companies like MetricStream, Qualio and Envision Pharma Group.

Sectors and market segments that MasterControl operate in

MasterControl serves in the Industrial Goods and Manufacturing, HealthTech, Life Sciences market segments.The primary business model of MasterControl are:

Company Details

Developer of software for quality, manufacturing, and asset management solutions. The software provides document, change, training, and audit management. It also features risk and quality event management capabilities. The platform delivers device history records, manufacturing execution system, and electronic logbooks. Batch records, commercial calibration, and regulated asset management are also included.

Website: www.mastercontrol.com/
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Registered Address: Salt Lake City, Utah

Key Metrics

Founded Year

1994

Location

Salt Lake City, United States

Stage

Late Stage

Total Funding

$150M in 1 round

Latest Funding Round

Unattributed, Dec 15, 2022, $150M

Post Money Valuation

$1.3B as on Dec 15, 2022

Investors

Sixth Street & 1 more

Ranked

5^th among 162 active competitors

Employee Count

774 as on Mar 31, 2026

Investment & Acquisitions

Qualer

Similar Companies

MetricStream & 133 more

View MasterControl's full profile

MasterControl is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mastercontrol, Inc. CIN: 870662434 , United States, Active	Dec 26, 999	-	639 (As on Dec 31, 2024)	-

MasterControl has raised a total funding of $150M over 1 round. Its latest funding round was a Unattributed round on Dec 15, 2022 for $150M. 1 investor participated in its latest round. MasterControl has 2 institutional investors.

Here is the list of recent funding rounds of MasterControl:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2022	$150M	Unattributed	$1.3B	-	Sixth Street	-

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View details of MasterControl's funding rounds and investors

MasterControl's employee count trend

MasterControl has 774 employees as of Mar 26. Here is MasterControl's employee count trend over the years:

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Top competitors of MasterControl include MetricStream, Qualio and Envision Pharma Group. Here is the list of Top 10 competitors of MasterControl, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MetricStream 1999, San Jose (United States), Series D	Provider of governance, risk, and compliance software solutions using AI	$213M	Sageview Capital, Clearlake Capital Group ... & 15 others	62/100
2nd	Qualio 2012, San Francisco (United States), Series B	Provider of cloud-based quality management software for the life science industry	$63.9M	500 Global, Storm Ventures & 10 others	61/100
3rd	Envision Pharma Group 2001, Fairfield (United States), Acquired	Technology-enabled strategic solutions partner for life sciences, driving improved patient outcomes	-	Mubadala, Northwestern Mutual & 2 others	61/100
4th	Greenlight Guru 2013, Indianapolis (United States), Series A	Developer of quality management system software for the medical device industry	$121M	JMI Management, Elevate Ventures	61/100
5th	MasterControl 1994, Salt Lake City (United States), Late Stage	Developer of software for quality, manufacturing, and asset management solutions	$150M	Sixth Street, Sixth Street Growth	59/100
6th	Enzyme 2016, San Francisco (United States), Acquired	Cloud-based software solution for quality & FDA compliance	$1.97M	Refactor Capital, Y Combinator & 8 others	57/100
7th	Octagon Research 1999, Wayne (United States), Acquired	Provider of clinical and regulatory information management software	$39.3M	Edison Partners, Zurich & 3 others	56/100
8th	MediSpend 1999, Portsmouth (United States), Acquired	Compliance management software for spend analytics in life sciences industry	-	EDG Partners	55/100
9th	Caliber 2001, Pittsburgh (United States), Seed	Provider of LIMS and Quality Management solutions for pharma	-	Innovation Works, Pittsburgh Life Sciences Greenhouse ... Read more	52/100
10th	Kneat Solutions 2006, Limerick (Ireland), Public	Software platform for electronic validation life cycle	$6.11M	Brigus Capital, Numus Financial & 1 others	52/100