See other companies on Otta
Qventus
AI-powered healthcare operations
- 101-200 employees
- Healthcare
- B2B
- Artificial Intelligence
- Big data
- Deep Tech
- Machine Learning
- SaaS
- Data Analysis
- Automation
- 295 Bernardo Avenue, Mountain View, CA 94043
Jump to section
Company mission
Our mission is to simplify how healthcare operates, so that it works for everyone.
Otta's take
Xav Kearney
CTO of Otta
The pressure on US hospitals is increasing due to rising costs of care and pharmaceuticals, in addition to increasing expectancy of high-quality services at lower prices. Vast bodies of medical data sets can be used to help ease bottlenecks in these overworked systems, but processing this data into actionable insights is a laborious and time-consuming task.
Qventus improves the operational efficiency of hospitals and medical centers by using AI to interpret raw medical data into actionable data for staff. The data produced helps teams anticipate bottlenecks and resolve problems before they occur. Qventus claims this forward-thinking approach helps decrease the length of stay of patients, increase morning discharge rates, and overall improve cash flow margins.
Many healthcare SaaS startups have aims to use AI to interpret medical data, but Qventus’ approach to identifying bottlenecks within a health system is particularly beneficial. The software uses machine learning to drive its AI, meaning that with every problem identified and prevented, the system will become smarter. Funding raised by the company will be used to support the development of new solutions and innovations, as well as continue its expansion to additional hospitals and health systems.
Benefits
- Stock options
- Annual learning & development stipend
- Generous vacation
- 401(K) plan
- Fitness reimbursement
- FSA & HSA
- Parental leave program
- Catered meals and snacks
- Quarterly hackathons and team events
- Employee referral and bonus programs
- Medical, Dental and Vision plans
Company values
- Accountability & Ownership - Anything that affects our ability to help our customers is always “our business”
- Customer Empathy - We invest time and resources to understand our customers and enable their success
- Help Others Succeed - We share knowledge broadly, so that each of us can make the best possible decision
- Plan, Do, Learn, Improve - We seek to continuously improve our company, our products, and ourselves
- Simplicity - We always aspire to simplify things, and eliminate jargon
- Total Honesty Delivered Respectfully - We practice radical honesty and do it with respect and grace
Funding (last 2 of 6 rounds)
Aug 2022
$3m
LATE VC
Mar 2022
$50m
GROWTH EQUITY VC
$111m
Total funding
This company has top investors
Founders
Mudit Garg
(CEO)After 2 years as a McKinsey Consultant and an MBA at Stanford, they co-founded Qventus in August 2012. They have served as CEO since then.
Articles
Jobs (11)
Software Engineering
Product
Sales & Account Management