Qventus Raises $50M in Growth Funding

Qventus

Qventus, a Mountain View, CA-based provider of AI-powered software for care operations, raised $50M in Growth funding.

The round was led by Thomas H. Lee Partners, L.P. and Premier, Inc., with participation from Bessemer Venture Partners, Mayfield Fund, and Norwest Venture Partners.

The company intends to use the funds to expand its technology to additional hospitals and health systems across the United States.

Led by CEO Mudit Garg, Qventus provides AI-based software for care operations automation. Integrating with EHRs, the platform uses AI, machine learning, and behavioral science to power practice solutions for inpatient, perioperative, emergency department, and command center settings. As a partner to leading health systems and hospitals across the country, including Boston Medical Center, HonorHealth, M Health Fairview, Mercy, and Saint Luke’s Health System, Qventus delivers proven outcomes, including fewer excess days, reduction in length of stay, and new cases added per operating room per month.

FinSMEs

28/02/2022