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Founded Year

1993

Stage

Series A | Alive

Total Raised

$157.5M

Valuation

$0000 

Last Raised

$150M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-51 points in the past 30 days

About MasterControl

MasterControl specializes in manufacturing execution and quality management software solutions in the regulated industries domain. The company offers a range of services, including document control, change control, training management, audit management, quality management, and data analytics, all designed to help businesses ensure quality and compliance in their operations. MasterControl primarily serves sectors such as pharmaceuticals, medical devices, dietary supplements, and food & beverage. MasterControl was formerly known as Document Control Systems. It was founded in 1993 and is based in Salt Lake City, Utah.

Headquarters Location

6350 South 3000 East

Salt Lake City, Utah, 84121,

United States

801-942-4000

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ESPs containing MasterControl

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Manufacturing Tech

The manufacturing execution systems (MES) market involves software platforms designed to monitor, track, document, and control the entire manufacturing process from raw materials to finished products. Serving as a functional layer between enterprise resource planning (ERP) and process control systems, MES helps manage production scheduling, inventory levels, quality control, resource allocation, a…

MasterControl named as Outperformer among 15 other companies, including Infor, SAP, and IBM.

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Expert Collections containing MasterControl

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MasterControl is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,257 items

A

Advanced Manufacturing

6,492 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

MasterControl Patents

MasterControl has filed 10 patents.

The 3 most popular patent topics include:

  • project management
  • computer memory
  • computer storage devices
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/29/2021

5/30/2023

Computer network security, Authentication methods, Computer access control protocols, Password authentication, GPS navigation devices

Grant

Application Date

1/29/2021

Grant Date

5/30/2023

Title

Related Topics

Computer network security, Authentication methods, Computer access control protocols, Password authentication, GPS navigation devices

Status

Grant

Latest MasterControl News

MasterControl Announces AI-Powered Document Summarizer Beta Program

Dec 6, 2024

MasterControl Announces AI-Powered Document Summarizer Beta Program December 6, 2024 Document Summarizer software solution assists quality teams to improve document management processes, ultimately ensuring they can help their organization maintain the high standards required to meet regulatory requirements. MasterControl, a leading provider of quality management and next-generation manufacturing execution software for life sciences, today announced a new beta program for its AI-powered Document Summarizer. As the third tool released in MasterControl’s GxPAssist AI suite of generative artificial intelligence (AI) applications, Document Summarizer eliminates hours of manual work freeing up users to focus on delivering life-saving products. Life sciences organizations must adhere to regulatory and compliance standards that require quality management teams to keep extensive libraries of highly technical documents like standard operating procedures (SOPs), work instructions, validation reports, and more. Quality Managers must generate summaries and descriptions for all of these documents to concisely and accurately indicate each document’s content and function, note any changes between versions, and make it easier to search for and locate documents in the system. Summarization is a time-consuming, manual process and can be subjective based on author or editor, which can lead to inconsistencies. Document Summarizer is designed to help standardize processes and streamline these tasks, helping users save time by instantly generating succinct summaries, descriptions, keywords, and change summaries while maintaining compliance and consistency across documents and revisions. “We know the high standards our customers are held to by regulatory bodies globally,” said MasterControl Chief Product Officer Sue Marchant. “With Document Summarizer and other AI capabilities now in the MasterControl platform, we can assist users within pharmaceutical, medical device, and other industries to make their processes more efficient, while maintaining compliance. We work with hundreds of customers globally who will benefit from adopting this assistive technology that allows them to safely and effectively optimize their document management processes, allowing them to deliver products to patients faster.” As more life sciences and other regulated companies empower their employees to use AI, MasterControl ensures safe and secure adoption of these advanced technologies. AI tools like Document Summarizer, along with the recently released Document Translator, and Exam Generator from MasterControl are carefully designed assistants that seamlessly integrate into internal processes like document management, empowering organizations to confidently enhance and optimize their existing workflows. The GxPAssist AI suite is built on MasterControl’s secure platform. All LLMs used are customized by MasterControl and the output is run through proprietary post-processing for quality and accuracy. “[Document Summarizer] is an extremely useful feature since many times I have seen document revisions summarized inadequately throughout my career, which makes it difficult to understand how a document has changed over time.” – MasterControl Document Summarizer Beta Participant To learn more about the Document Summarizer Beta Program, visit: https://www.mastercontrol.com/gxpassist/ previous post

MasterControl Frequently Asked Questions (FAQ)

  • When was MasterControl founded?

    MasterControl was founded in 1993.

  • Where is MasterControl's headquarters?

    MasterControl's headquarters is located at 6350 South 3000 East, Salt Lake City.

  • What is MasterControl's latest funding round?

    MasterControl's latest funding round is Series A.

  • How much did MasterControl raise?

    MasterControl raised a total of $157.5M.

  • Who are the investors of MasterControl?

    Investors of MasterControl include Sixth Street Growth, Paycheck Protection Program and InnoVentures Capital Partners.

  • Who are MasterControl's competitors?

    Competitors of MasterControl include Aizon, ProShop, Michor Consulting, Amplexor Life Sciences, Ideagen and 7 more.

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Compare MasterControl to Competitors

F
Factivity

Factivity specializes in manufacturing execution systems (MES) and operates within the manufacturing software industry. The company offers solutions that enable real-time visibility and control over manufacturing processes, including shop floor data collection, paperless factory management, and overall equipment effectiveness (OEE) software. Factivity's MES software is designed to optimize production schedules, reduce bottlenecks, minimize waste, and enhance machine and labor efficiency. It was founded in 1984 and is based in Beachwood, Ohio.

iBASEt Logo
iBASEt

iBASEt is a company that provides a digital operations suite, including manufacturing execution systems (MES), supplier quality management (SQM), enterprise quality management systems (EQMS), and maintenance, repair, and overhaul (MRO) solutions. The company primarily serves complex discrete manufacturing sectors such as aerospace, defense, and industrial equipment. It was founded in 1986 and is based in Foothill Ranch, California.

P
Predisys

Predisys specializes in software solutions for advanced statistical process control (SPC), quality control, and manufacturing business intelligence within the manufacturing sector. The company offers a suite of tools that enable real-time quality data analytics and predictive quality control, designed to improve product quality and operational efficiency. Predisys primarily serves the manufacturing industry, with a focus on sectors that require stringent quality and compliance standards, such as healthcare. It was founded in 1996 and is based in Espoo, Finland.

BizzMine Logo
BizzMine

BizzMine focuses on providing software solutions for Quality, Safety, Health and environment (QHSE) management in various industries. The company offers a range of services including audit management, document control, training management, risk management, and more. BizzMine primarily serves sectors such as medical devices, pharma, laboratories, logistics, food & beverages, healthcare, public sector, construction, and transport. It was founded in 1995 and is based in Kortri, Belgium. BizzMine operates as a subsidiary of Vivaldi.

A
AssurX

AssurX develops quality management software and regulatory compliance software platforms. Its platform helps companies maintain quality and compliance, streamline workflow, control risk, and better manage any enterprise. Its platform is a versatile system of software solutions that reliably communicates and coordinates information, documentation, and activities across the enterprise. It caters to energy and utility, pharma and biotech, food and beverages, and high-tech industries. The company was founded in 1993 and is based in Reno, Nevada.

Tulip Logo
Tulip

Tulip operates in the manufacturing and life sciences sectors. Its offerings include a cloud-based platform for creating no-code applications for digital work instructions, real-time production tracking, and quality inspection. Its solutions provide a view of operations, facilitate traceability and compliance, and use AI and analytics to assist decision-making. It was founded in 2012 and is based in Somerville, Massachusetts.

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