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About Sage
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$124M
Headquarters
New York City, New York
Founded
2020
Overview
Sage is a care platform for senior living communities designed to support care teams and improve resident outcomes. It works by collecting high-value data from day-to-day caregiving activities and using that data to generate actionable insights and track key business metrics. The platform is delivered via a subscription service, providing tools that measure care quality, monitor resident well-being, and boost operational efficiency within the community. Sage differentiates itself by tailoring its data-driven workflow to the needs of caregivers and community managers, focusing on both caregiver performance and overall resident welfare rather than generic health tech features. The goal is to elevate the quality of care and the efficiency of operations in senior living communities, delivering ongoing value through regular platform use.
Simplify's Take
What believers are saying
- $65M Series C from Goldman Sachs in 2026 fuels AI expansion.
- Communities gain $275 extra NOI per resident monthly.
- 20% staff turnover drop supports caregiver retention.
What critics are saying
- PointClickCare captures Sage's share with established EHR in 12 months.
- CMS audits Sage Detect false positives, fines hit in 6 months.
- Eldermark's analytics halt Sage expansion within 24 months.
What makes Sage unique
- Sage Detect launched June 9, 2025, enables AI-powered fall detection.
- First cloud-based OS integrates sensors, EHRs for real-time alerts.
- Unified workflows reduce response times 55% below industry average.
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Funding
Total Funding
$124M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Stock Options
Unlimited Paid Time Off
Paid Holidays
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 1%2 year growth
↑ 2%Sage is proud to share that we’ve closed our $65 million Series C funding round, led by Goldman Sachs with continued support from IVP and Goldcrest.
Sage, a care platform for senior living and skilled nursing, has raised $65 million in a Series C round led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors IVP and Goldcrest. The funding brings total capital raised to $124 million. The company is developing an AI-powered platform to shift senior care from reactive to preventive, addressing falls, declines and avoidable hospitalisations. With one in five Americans reaching retirement age by 2030 and the industry facing a shortage of 1.8 million licensed caregivers, Sage aims to reduce caregiver burden through predictive AI, unified workflows and enhanced skilled nursing capabilities. Sage-powered communities have reported a $275 increase in net operating income per resident monthly, alongside 50% reductions in falls and faster response times. The company will host its inaugural Caregiver Summit in autumn 2026.
hellosage.com recently launched Sage Detect - and it's had an immediate impact.
Sage, a senior living operations platform, raised $35 million in Series B funding led by IVP, with participation from Friends Family Capital and PLUS Capital. Existing investors also joined. This funding will help Sage expand its reach and develop advanced features. Sage's platform reduces staff turnover by 20% and response times from 20 to under 8 minutes, improving care and efficiency. The total capital raised by Sage is now $59 million.
/PRNewswire/ -- Sage, the leading operations management platform for senior living, has raised $35 million in Series B funding led by IVP, with participation...
Sage is Hiring for 19 Jobs on Simplify!
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About Sage
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$124M
Headquarters
New York City, New York
Founded
2020
Sage is Hiring for 19 Jobs on Simplify!
Find jobs on Simplify and start your career today