Sage, a NYC-based provider of an integrated care platform built for senior living and nursing, has raised $65 million in a Series C funding round led by Growth Equity at Goldman Sachs Alternatives.
The round also saw participation from existing investors IVP and Goldcrest.
The funding round increased the total raised to $124 million.
Read More:Minnesota Medical Technologies Raises $20.6M in Series A Funding
The funding will speed up Sage’s platform development in three key areas:
Predictive AI for Resident Safety: Caregivers often learn about safety issues only after they happen. Sage is transforming its AI-driven detection into a predictive tool that monitors daily activity—like sleep patterns, nighttime wandering, bathroom visits, and other fall-risk signals—to identify high-risk residents early and give caregivers time to intervene.
Unified Caregiver Workflow: Caregivers currently juggle multiple disconnected systems, which slows care and increases stress. Sage combines data from leading Electronic Health Records—ALIS, August Health, ECP, PointClickCare, and Yardi—into a single real-time dashboard that highlights alerts, risk signals, and resident-specific details right at the point of care.
Deeper Support for Skilled Nursing: Skilled nursing facilities care for the most acute residents under strict regulations, yet their technology often lags. Sage is enhancing its platform for these environments, providing integrated systems, predictive insights, and streamlined workflows to improve both caregiver efficiency and resident outcomes.
Sage is the first fully integrated care platform for senior living and skilled nursing. By replacing fragmented, reactive systems with an AI-powered platform, Sage helps prevent falls, health declines and avoidable hospitalizations. Along with this funding, Sage announced its first Caregiver Summit in New York City in fall 2026, reflecting its commitment to supporting the workforce it serves.
In fall 2026, Sage will hold its first Caregiver Summit, bringing together caregivers, senior living operators, and industry leaders to discuss the future of the profession. The event will include keynote speakers, practical training, and continuing education, giving caregivers—who care for America’s older adults every day—a voice in shaping the tools and policies that affect their work.
This investment comes at a critical time for America’s most vulnerable population. Today, care teams rely on paper logs, pagers, and outdated systems that only alert them after something goes wrong—like a fall, a health decline, or an emergency call. By 2030, one in five Americans (72 million people) will be of retirement age, but the caregiving workforce is far from ready. The industry lacks 1.8 million licensed caregivers, and turnover is 79%. Sage knows labor alone won’t solve this crisis. Its platform provides caregivers with real-time insights and easy-to-use tools, helping them prevent problems before they occur.
“Today, over 40% of U.S. healthcare spending goes to people over 65, and increasingly complex care is pushing caregivers to their limits. Staffing alone won’t solve the crisis. Caregivers tell me that current tools don’t match how care really works creating chaotic environments that fail both staff, and residents,” said Raj Mehra, co founder, and CEO of Sage. “This investment lets us put caregivers at the center of innovation, providing real-time intelligence and hosting our first summit to ensure their voices shape the future of the industry.”
“The senior care market is going through a major change, requiring a full update of its technology,” said Antoine Munfa, Managing Director of Growth Equity at Goldman Sachs Alternatives. “Sage is moving the industry from reactive to proactive care, building the scalable systems needed to meet the growing demands of an aging population,” added Ryan Leary, Vice President of Growth Equity at Goldman Sachs Alternatives.
About Sage
Founded in 2020, Sage is the first fully integrated care platform for senior living and skilled nursing, created by founders who have seen the challenges of the care system up close. Sage replaces outdated systems with modern software and AI-driven insights, helping seniors receive dignified, visible, and human-centered care. Communities using Sage have seen $275 more in NOI per resident per month, 50% fewer falls, and 50% faster response times compared to the industry average.
Read More:Precision BioSciences Raises $7.5M in Funding
