QVENTUS
HEADQUARTERS: Mountain View, California FOUNDERS: Ian Christopher, Mudit Garg (CEO), Brent Newhouse EMPLOYEES: 80
In 2011, Garg, 36, a former McKinsey consultant, cofounded artificial-intelligence startup Qventus to help hospitals boost operational efficiencies and cut costs by tapping into real-time patient data flows and fixing bottlenecks. This spring, the company added Covid-19 mission control, with updates of patients and resources, along with a free scenario planner based on 450 epidemiological models to help city, state and federal officials with allocation of resources including ventilators and a variety of personal protective equipment. With hospitals preparing for a possible second wave and struggling with tighter profit margins, Qventus has rolled out its software to 40 new locations this year and is expecting a 50% increase in revenue, to $18 million, over 2019.