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Mastercontrol Raises $150M Series A Funding Round From Sixth Street Growth At Valuation Of $1.3B

PRIVATEDec 15, 2022

Amount Raised

$150 Million

Round Type

Series A

Salt Lake CityManufacturingBiotechnologySoftwareArtificial Intelligence

Description

MasterControl, a leading provider of quality and manufacturing software solutions for the life sciences, today announced its first ever funding, a $150 million Series A round led by Sixth Street Growth. MasterControl has grown profitably for nearly 30 years, and with this funding is valued at $1.3 billion. The proceeds will be used to accelerate the development of SaaS solutions serving the company’s global life sciences customers, which include Pfizer, Cochlear, Thermo Fisher Scientific and more than 1,100 others worldwide.

Quick answer

MasterControl raised $150 Million in a Series A round, dated December 15, 2022. MasterControl is based in Salt Lake City, Utah, United States.

How much did MasterControl raise?
MasterControl raised $150 Million in a Series A round on December 15, 2022.
What does MasterControl do?
MasterControl is a leading provider of cloud-based quality and manufacturing software for life sciences and other regulated industries.
Where is MasterControl based and how big is it?
MasterControl is based in Salt Lake City, Utah, United States. Fundz records about 788 employees.
Who are the decision-makers at MasterControl?
Fundz holds 4 contacts at MasterControl, including the Account Manager, Expansion Sales. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as MasterControl that raised within 45 days of this round, from Fundz verified event records.

  • Fractal raised an undisclosed amount (Funding Round) on January 24, 2023.
  • PBS Biotech raised $22M (Funding Round) on January 9, 2023.
  • MedX Health raised an undisclosed amount (Convertible Note) on January 6, 2023.
  • Mantra Bio raised $9M (Series A) on January 4, 2023.
  • RegASK raised $10M (Series A) on December 15, 2022.
  • In-Med Prognostics raised $2.1M (Seed) on December 12, 2022.

Who to call at MasterControl, and when

A new round usually means MasterControl is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day MasterControl raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MasterControl, from your own LinkedIn network

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Company Information

Company

MasterControl

Location

Salt Lake City, Utah, United States

About

MasterControl is a leading provider of cloud-based quality and manufacturing software for life sciences and other regulated industries. Our mission is to make life-changing products available to more people sooner.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment MasterControl raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsRachel W., Account Manager, Expansion Sales hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

MasterControl raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.