Qventus, which offers an artificial intelligence platform for managing operations and patient flow, announced it had raised $50 million in growth funding, Mobi Health News reports.
The round was led by private equity firm Thomas H. Lee Partners and strategic investor Premier. Other participants include Thedacare, Bessemer Venture Partners, Mayfield Fund and Norwest Venture Partners.
The investment and partnership with Premier will help the company to expand its AI platform for more health systems across the U.S. According to Crunchbase, the startup has now scooped up more than $95 million. It last raised $30 million in Series B funding in 2018. Read more.