Qventus Raises $3M in Funding


Qventus, a Mountain View, California-based provider of artificial intelligence (AI)-powered software for care operations automation, raised $3m in funding.

ThedaCare, a health system, made the investment joining a $50 million growth funding announced in February 2022. Through the investment, ThedaCare will collaborate with Qventus to develop new solutions and innovations, as well as support the company in expanding its technology to additional hospitals and health systems across the United States.

ThedaCare is also applying the technology to drive operational efficiencies in inpatient and perioperative care settings and across its organization.

Led by Mudit Garg, Co-founder and Chief Executive Officer, Qventus provides an AI-based SaaS solution purpose-built for care operations automation. The platform integrates with EHRs and leverages AI, machine learning, and behavioral science to automate operations for inpatient, perioperative, emergency department, and command center functions. The company partners to leading health systems and hospitals across the country, including Boston Medical Center, HonorHealth, M Health Fairview, Mercy, and Saint Luke’s Health System.

ThedaCare is committed to improving the health and well-being of the communities it serves in Northeast and Central Wisconsin. The organization delivers care to more than 600,000 residents in 17 counties and employs approximately 7,000 health care professionals. ThedaCare has 180 points of care, including eight hospitals. As an organization committed to being a leader in Population Health, team members are dedicated to empowering people to live their unique, best lives.