Sage

Sage

Care platform for senior living communities

About

Sage provides a care platform aimed at improving support for residents in senior living communities. The platform allows care teams to collect valuable data, which helps them gain insights and enhance their performance and community outcomes. By focusing on the roles of caregivers and the well-being of residents, Sage offers tools that measure and improve care quality and operational efficiency. Unlike many competitors, Sage operates on a subscription-based model, ensuring ongoing support and updates for its users. The main goal of Sage is to optimize care delivery in senior living environments, benefiting both caregivers and residents.

Company Stage

Series A

Employees

51-200

Industries

Data & Analytics, Healthcare

Total Funding

$23.3M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • The recent $15M funding round led by Maveron will enable Sage to scale its client base and develop new product features, driving growth.
  • Sage's technology has the potential to significantly improve the quality of care for older adults and reduce caregiver burnout.
  • The addition of Natalie Dillon to the board of directors brings valuable expertise and strategic guidance to the company.

What critics are saying

  • The competitive landscape in healthcare technology is intense, requiring Sage to continuously innovate to maintain its edge.
  • Reliance on external funding for growth may pose financial risks if future funding rounds are not secured.

What makes Sage unique

  • Sage's unified care coordination platform specifically targets senior living communities, unlike broader healthcare solutions.
  • The platform's ability to capture essential data and generate actionable insights for care teams sets it apart from traditional caregiving methods.
  • Sage's focus on transparency around staffing needs and operational efficiency provides a unique value proposition in the senior care market.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

120%

2 year growth

57%

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