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.
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Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$159M
Headquarters
New York City, New York
Founded
2020
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Total Funding
$159M
Above
Industry Average
Funded Over
5 Rounds
Sage has released its 2026 State of Care Report, revealing mounting pressures in senior living operations. The study surveyed 510 senior living professionals and analysed operational data from communities using Sage's platform. Key findings show 81% of senior living executives report increased resident care needs, whilst 84% say community management has grown more complex over the past two years. Despite these challenges, 58% report improving operating margins. The research highlights a critical gap in operational visibility, with only 19% of executives able to identify issues across communities in real time. Sage's analysis of 130 communities found those maintaining response times under seven minutes experienced half the rate of resident departures within 90 days compared to communities with longer response times.
Sage has launched Labor, a platform that helps senior living operators align staffing with resident acuity. The tool integrates resident needs, staff schedules, and budget goals to optimise staffing whilst reducing caregiver burnout. Labor emerged from a partnership with Sonida Senior Living, which cut costs by $110 per resident per month whilst improving care team support. The platform uses real-time care data to show where caregiver deployment and resident acuity are misaligned. The launch follows Sage crossing $100 million in total funding in 2026, including a Series C round led by Goldman Sachs Alternatives and a $35 million debt facility from Stifel. Sage communities have reportedly identified a $275 increase in NOI per resident per month and a 50% reduction in falls.
Sage, an integrated care platform for senior living and skilled nursing facilities, has secured a $35 million debt facility from Stifel Bank. This brings the company's total 2026 funding to $100 million, following a $65 million Series C equity round led by Goldman Sachs Alternatives. The debt financing will scale Sage's Hardware-as-a-Service model, which eliminates upfront infrastructure costs that typically range from $150,000 to $300,000 for senior care communities. The platform combines AI-powered life safety hardware with software to modernise aging infrastructure. Sage's technology includes fall detection sensors and elopement monitoring that integrate with its care workflow platform. The company reports that its systems have generated a $275 increase in net operating income per resident monthly and achieved a 50% reduction in falls at client facilities.
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.
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Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$159M
Headquarters
New York City, New York
Founded
2020
Find jobs on Simplify and start your career today