Headquarters
Mountain View, CAFounded
2011CEO / Founder
Mudit GargEmployees
201-500Funding
Series D+ — $228MProducts
1 product listedAvg. AI Score
7.3/10Website
qventus.com/Profile updated
Qventus was founded in 2011 by Mudit Garg, Sharief Taraman, and Ganesh Bell, and is headquartered in Mountain View, California. The company builds software that applies artificial intelligence and automation to hospital operations, targeting areas such as perioperative scheduling, inpatient patient flow, and emergency department throughput.
The company's platform is used by health systems to identify operational bottlenecks and automate administrative and coordination tasks for clinical staff, with the stated goals of increasing surgical case volume, reducing length of stay, and lowering staff workload. Qventus has partnered with health systems including Mercy, Sutter Health, and NYU Langone Health, among others.
Qventus has raised over $200 million in venture funding from investors including Bessemer Venture Partners, Anthem, Mercy Health Ventures, and NEA. The company has grown to several hundred employees and continues to expand its product suite around AI-driven hospital operations.
Dated, source-cited figures. Estimates are marked.
All products by Qventus reviewed by our AI panel of experts.
Six independent reviewer personalities assessed Qventus's product on their own terms. They disagreed by 1.6 points — The Finance Lead was the hardest to convince, The Domain Strategist the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who Qventus competes with, and how they differ.
LeanTaaS is Qventus's closest rival, running predictive/prescriptive capacity software (iQueue) across OR, infusion and inpatient units for large health systems -- the same buyers and problem set as Qventus's Surgical Growth and Inpatient Capacity products.
TeleTracking competes on real-time operational visibility -- bed and patient-flow tracking deployed across 1,000+ hospitals -- rather than Qventus's predictive, AI-driven automation approach to the same capacity and discharge-planning problems.
Notable automates front-office and administrative workflows (patient intake, scheduling, prior authorization) for health systems, overlapping with Qventus's AI-agent approach to hospital operations but focused upstream of Qventus's clinical/operational throughput work (OR scheduling, discharge planning, bed capacity).
1 product reviewed on TopReviewedKey milestones in Qventus's history, with sources.
Launches AI Solution Factory at inaugural QLive client conference
Qventus introduced the AI Solution Factory, letting health system partners co-develop AI Operational Assistants, unveiled at the company's first QLive client conference alongside new client ROI results.
hitconsultant.netSeries D -- $105M led by KKR
Qventus raised a $105M Series D ($85M equity plus $20M optional debt) led by KKR, with participation from Bessemer Venture Partners and new strategic investors Northwestern Medicine, HonorHealth and Allina Health, bringing total fundraising to date to about $200M per the company's CEO.
medcitynews.comThedaCare invests $3M as part of Qventus's growth round
Health system ThedaCare invested $3M in Qventus as part of the company's 2022 growth round, agreeing to deploy and co-develop Qventus's AI-based care operations automation across inpatient and perioperative settings.
hitconsultant.net$50M growth investment led by Thomas H. Lee Partners
Qventus closed a $50M growth investment led by Thomas H. Lee Partners, with a strategic investment and partnership from Premier Inc. and participation from existing investors Bessemer Venture Partners, Mayfield Fund and Norwest Venture Partners, bringing total funding to more than $95M.
healthcareservicesinvestmentnews.comSeries B -- $30M led by Bessemer Venture Partners
Qventus raised a $30M Series B led by Bessemer Venture Partners, with participation from NewYork-Presbyterian Hospital, Mayfield Fund and Norwest Venture Partners, bringing total funding to over $43M.
hitconsultant.netanalyticsMD rebrands as Qventus
The company changed its name from analyticsMD to Qventus to reflect its expanding product line automating hospital operations for a broader set of health system providers.
prnewswire.comSeries A -- $13M led by Norwest Venture Partners and Mayfield
analyticsMD (later renamed Qventus) raised a $13M Series A led by Norwest Venture Partners and Mayfield, with participation from Y Combinator and the Stanford-StartX Fund.
venturebeat.comFounded as analyticsMD
Mudit Garg, Brent Newhouse and Ian Christopher founded the company in Mountain View, California as analyticsMD, applying AI and real-time hospital data to operational decision-making; it was renamed Qventus in 2017.
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