Forbes

QVENTUS

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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.

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