AI-based hospital software company Qventus secures $30 million for expansion



ImpactAlpha, May 16 – Qventus’ product, which has been described as an “air traffic control system” for hospital operations, uses machine learning to help hospitals oversee patient care, reduce unnecessary tests and visits, and manage hospital logistics. The software is in use at NewYork-Presbyterian Hospital, Emory Healthcare and the Mercy health system.

  • Series B… The funding round was led by Bessemer Venture Partners. NewYork-Presbyterian Hospital, Mayfield Fund and Norwest Venture Partners.
  • Total funding… Mountain View, California-based Qventus has raised a total of $43 million.

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