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Qventus: Raises $50M in Growth Funding

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Qventus Raises $50M in Growth Funding

  • 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, the platform 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
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