Qventus, a Mountain View, CA-based provider of an AI-based care automation platform, has raised $105 million in Series D funding. 

Investors 

The round was led by KKR, with participation from Bessemer Venture Partners and strategic health system investors, including Northwestern Medicine, HonorHealth, and Allina Health. 

KKR is a global investment firm that specializes in alternative asset management, capital markets, and insurance solutions. It aims to generate strong returns through a disciplined approach, top talent, and growth support for its portfolio companies. KKR invests in private equity, credit, and real assets, and its insurance subsidiaries, under Global Atlantic, offer retirement, life, and reinsurance products. 

Qventus Use of Funds 

The funding will accelerate the development of Qventus’ AI-powered automation solutions for healthcare systems, enhancing productivity and reducing administrative burdens on clinicians. 

About Qventus 

Qventus is a technology company that provides AI-based care automation software for healthcare systems. Its platform focuses on automating operations and workflows in both inpatient and outpatient settings, helping health systems reduce administrative burdens, increase productivity, and improve patient care. Since its inception in 2012, Qventus has built a suite of AI solutions to address health system pain points across care settings. 

Funding Details 

Company: Qventus, Inc. 

Raised: $105.0M 

Round: Series D 

Funding Month: January 2025 

Lead Investor: KKR 

Additional Investors: Bessemer Venture Partners, Northwestern Medicine, HonorHealth, Allina Health 

Company Website: https://www.qventus.com/  

Software Category: AI Care Automation 

Source: https://www.businesswire.com/news/home/20250113993134/en/