Qventus Raises $105 Million as AI Assistants Drive Fastest Uptake in 10 Years

Healthcare systems around the world are facing a relentless challenge: the growing administrative burden that drains resources and contributes to physician and staff burnout. As hospitals grapple with increased complexity in patient care, regulatory pressures, and operational inefficiencies, the need for smarter, more efficient ways to manage these processes has become critical. Qventus, a healthcare startup that has spent over a decade developing artificial intelligence (AI) solutions aimed at alleviating these operational strains. Founded in 2012 by Mudit Garg, a former McKinsey consultant, and two other Stanford veterans, Qventus sought to address the mounting crisis in healthcare operations. The healthcare industry was becoming more technologically and clinically advanced, but opera