What is MasterControl?
MasterControl Inc. is a leading provider of cloud-based quality control and compliance software solutions. Headquartered in Salt Lake City, Utah, the company serves life sciences and other highly regulated industries, offering a comprehensive platform designed to streamline quality management processes, ensure regulatory adherence, and enhance operational efficiency. MasterControl's software is critical for organizations navigating complex compliance landscapes, enabling them to manage documentation, audits, and deviations effectively.
How much funding has MasterControl raised?
MasterControl has raised a total of $155M across 2 funding rounds:
Debt
$5M
Series A
$150M
Debt (2020): $5M with participation from PPP
Series A (2022): $150M led by Sixth Street Growth
Key Investors in MasterControl
Sixth Street Growth
Sixth Street Growth is a prominent investment firm specializing in providing tailored financing solutions to growth-oriented companies. They focus on accelerating business expansion through direct lending and other flexible capital strategies, with a broad sector focus including technology and healthcare.
What's next for MasterControl?
With the recent major strategic investment, MasterControl is poised for accelerated growth and innovation. The company is likely to focus on expanding its market reach, enhancing its cloud-based platform with advanced features, and potentially exploring strategic acquisitions. This capital will empower MasterControl to further solidify its leadership in the quality management software space, particularly within the life sciences sector, by investing in R&D and scaling its sales and customer support operations to meet increasing global demand for compliance solutions.
See full MasterControl company page
