Thomas H. Lee Partners and Premer led a $50m Series C round in Qventus.

Thomas H. Lee Partners, a private equity firm investing in growth companies, and Premer, a healthcare improvement company, led a $50m Series C round in Qventus, a provider of AI-powered software for care operations, with participation from Bessemer Venture Partners, Mayfield Fund, and Norwest Venture Partners. “Our care operations automation software relieves some of the largest operational and financial pressures facing hospitals and health systems today. We are excited to partner with world-class investors who bring domain and operational expertise in scaling automation technology businesses. Our partnership with THL and Premier will enable us to expand our product vision, enhance our market presence, and help care teams deliver world-class healthcare to patients across the country,” Mudit Garg, Qventus Co-Founder and CEO.