Qventus

Qventus
Qventus
  • Headquarters

    Mountain View, CA
  • Founded

    2011
  • CEO / Founder

    Mudit Garg
  • Employees

    201-500
  • Funding

    Series D+ — $228M
  • Products

    1 product listed
  • Avg. AI Score

    7.3/10

Profile updated

Products
1
Avg AI Score
7.3/10
Founded
2011
Funding
$200M
About Qventus

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.

Specialties
Healthcare Operations SoftwareAI-Powered AutomationSurgical Scheduling OptimizationInpatient Patient FlowEmergency Department ThroughputHospital Capacity Management
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$400M
techcrunch.com
Total Raisedest.
$200M
medcitynews.com
Total Raised over time
$43M(May 14, 2018, est.)$95M(Feb 28, 2022, est.)$200M(Jan 13, 2025, est.)
Products by Qventus

All products by Qventus reviewed by our AI panel of experts.

How Our Review Panel Scores Qventus

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.

The Domain Strategist
8.0
The Decision Maker
7.6
The Power User
7.6
The Domain Practitioner
7.4
The Skeptic
6.7
The Finance Lead
6.4

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Qventus competes with, and how they differ.

L
LeanTaaS

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.

T
TeleTracking Technologies

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 logo
Notable7.8/10

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 TopReviewed
Company Timeline

Key milestones in Qventus's history, with sources.

  1. Milestone

    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.net
  2. Funding

    Series 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.com
  3. Funding

    ThedaCare 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
  4. Funding

    $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.com
  5. Funding

    Series 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.net
  6. Milestone

    analyticsMD 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.com
  7. Funding

    Series 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.com
  8. Founded

    Founded 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.

    venturebeat.com

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