MasterControl offers cloud-based quality and manufacturing software that helps organizations digitize, automate, and connect quality and manufacturing processes. The company serves life sciences and other regulated industries, with customers that include Pfizer, Cochlear, Thermo Fisher Scientific and more than 1,100 others worldwide. Led by CEO Jon Beckstrand and based in Salt Lake City, Utah, MasterControl helps customers streamline operations, maintain compliance, analyze large amounts of data, and visualize business insights in real time. The company raised $150M in a Series A that valued it at $1.3 billion. MasterControl intends to use the funds to build and enhance its solutions and to place more focus on technology that will predict and prevent quality events and enable AI-assisted manufacturing optimization.

Total raised

$150M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2022