Qventus
AI platform automating hospital patient flow and capacity operations.
Qventus built real hospital lock-in but LeanTaaS just took its KLAS crown, leaving its category-leader story unproven going into 2026.
Qventus sells software that helps hospitals manage patient flow and operating room schedules more efficiently. It has built real stickiness: hospitals keep using it and renew their contracts, and it has ten years of data tuned to how different hospitals work. But its position is cracking. LeanTaaS, a direct competitor, just beat it in the latest hospital software rankings, and Epic and Cerner (the giant companies that run most hospital record systems) can bundle their own scheduling tools for free. The next ranking update and any announcement from Epic or Cerner about adding AI-powered scheduling could reshape which company hospitals trust as the leader.
Epic Systems or Oracle Cerner announces a native capacity/discharge automation module. Shows the EHR incumbents are moving to bundle Qventus's function directly.
Qventus reports 2026 profitability or breakeven publicly. Would confirm financial stability supporting its $400M+ valuation.
- $105M raised at $400M+ valuation
- LeanTaaS scored 95.6 vs Qventus 92.5 in KLAS
- 120% net revenue retention reported
- LeanTaaS overtook Qventus as top-rated vendor in KLAS 2026 Capacity Optimization Management.
- Epic or Oracle Cerner could ship native gen-AI capacity/discharge modules, eroding point-solution need.
- No audited revenue disclosure; public estimates vary widely and are unreliable.
- Conflicting unverified report of a $150M raise at $1.2B valuation muddies funding picture.
- Employee sentiment flags inconsistent leadership and micromanagement concerns.
| Rival | Direction | Evidence |
|---|---|---|
| LeanTaaS | losing to | iQueue Suite scored 95.6 vs Qventus's 92.5, topping KLAS 2026 Capacity Optimization Management ranking (2026-02-04) |
| Epic Systems | contesting | Epic expands ambient AI and native workflow modules that could bundle capacity/discharge features (2026-05-04) |
| Oracle Cerner | contesting | Listed as top enterprise alternative to Qventus via native EHR scheduling/capacity modules |
- Is Qventus profitable in 2026?
- Not confirmed publicly. In January 2025, CEO Mudit Garg told TechCrunch the company was 'very close to breaking even' after its $105M Series D, but no audited profitability figure has been disclosed since (as of 2025-01-13).
- Who is Qventus's biggest competitor?
- LeanTaaS is Qventus's closest rival. Its iQueue Suite scored 95.6/100 and topped KLAS's 2026 Capacity Optimization Management ranking, overtaking Qventus's 92.5/100 score from the 2024 report (2026-02-04).
- Could AI replace Qventus?
- Unlikely soon: Qventus's moat is a decade of proprietary hospital-specific data and deep EHR embedding, with 120% net revenue retention and 100% KLAS repurchase intent reported in 2024. But Epic and Oracle Cerner could add native competing modules over time.
- Who owns Qventus?
- Qventus is privately held and venture-backed. KKR led a $105M Series D ($85M equity plus $20M debt) in January 2025 at a $400M+ valuation, with Bessemer, Norwest, and hospital-system investors also participating.
- How much funding has Qventus raised?
- Qventus closed a $105M Series D in January 2025 ($85M equity, $20M debt) led by KKR, valuing the company at over $400M, up from about $200M in 2022, per TechCrunch (2025-01-13).
- What does Qventus actually do?
- Qventus builds an AI platform automating hospital operations, including ER, OR/perioperative scheduling, inpatient discharge planning, and pharmacy workflows, embedded directly into EHR systems. It was founded in 2012 and reported 150+ hospital clients as of October 2025.
- 2026-02-04LeanTaaS iQueue Suite scores 95.6 in KLAS 2026, overtaking Qventus's category lead
- 2026-01-14Frost and Sullivan names Qventus 2025 North American Leader in healthcare ops automation
- 2025-10-28Qventus states it serves 150+ hospital clients
- 2025-09-18Qventus launches AI Solution Factory for custom AI Operational Assistants
- 2025-04-11Qventus launches 3rd generation Inpatient Solution for discharge planning
- 2025-01-13Qventus closes $105M Series D led by KKR at $400M+ valuation
- 2024-12-04Qventus launches AI Operational Assistants for administrative automation
- 2024-11-12Qventus earns 92.5/100 in 2024 KLAS Capacity Management ratings
- 2012Qventus founded
- More money comes to AI healthcare: Qventus nabs $105M at $400M+ valuation (2025-01-13)
- Qventus Rises to the Top of 2025 Healthcare Tech Outlook Awards (2025-10-28)
- Qventus Earns 92.5 in 2024 KLAS Capacity Management Ratings (2024-11-12)
- Who's winning in ambient AI, EHRs, revenue cycle and more (2026-02-04)
- Qventus: We automate operations for hospitals and health systems
- Qventus - Overview, News & Similar companies (2026-07-06)
- Qventus Revenue History (2023-11-30)
- Qventus 2026 Company Profile
- Qventus, Inc - Headcount, Funding & Open Jobs (2026-06-23)
- Reducing Administrative Burden with AI Operational Assistants (2024-12-04)
- Qventus Launches 3rd Generation Inpatient Solution (2025-04-11)
- Co-creating the Future of Healthcare AI with the Qventus AI Solution Factory (2025-09-18)