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More money comes to AI healthcare: Qventus nabs $105M at $400M+ valuation
Healthcare is proving to be one of the more lucrative industries when it comes to building AI solutions to speed up how work is carried out across
Qventus, a startup that builds AI-based tools to automate work across a range of healthcare scenarios — they include surgeries, hospital discharges, and inpatient/outpatient check-ups — has raised a Series D of $105 million. It is not revealing revenue figures or any other specific numbers but he added it that is “very close to breaking even.” That is a detail that has become more important in recent years as startups look for more sustainable business models given that the IPO window remains relatively small, yet investors are still looking for returns. Qventus itself has been around for more than 12 years, getting its start initially by applying machine learning and other kinds of automation technologies to make clinicians and other medical professionals more efficient and then expanding into further areas of development such as pharmacy operations.
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