Sage
Technology transforming senior living communities
New York, United States · Founded 2020 · $124.0M raised
- Headquarters
- New York, New York
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- sagehealth.com
- Total Funding
- $124.0M
- Last Round
- $65.0M Series CMar 2026
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Sage (Elder Technologies Inc.) is a New York-based healthcare technology company founded in 2020 by Raj Mehra, Matt Lynch, and Ellen Johnston. The platform is the first cloud-based operations system built specifically for senior living communities, enabling caregivers to manage real-time workflows, incident response, task tracking, and resident care plans from a single interface. Sage's platform integrates unplanned care (incident response) with planned care (care planning and scheduling), and uses resident data to dynamically adapt care plans as acuity changes. Communities using Sage report a 20% average reduction in staff turnover and a reduction in caregiver response times from an average of 20 minutes to under 8 minutes. Sage is now live in hundreds of communities across 26 US states. The company raised a $15M Series A in October 2023 and a $35M Series B led by IVP in December 2024, bringing total capital raised to $59M. In March 2026, Sage raised an additional $65M to expand its platform.
Summary
Sage is a Healthcare company based in New York, United States, founded in 2020. It has raised $124.0M in total across 4 rounds, most recently a $65.0M Series C round in Mar 2026. Investors include Goldman Sachs Alternatives, Goldman Sachs and Maveron.
Tech & App Stack
8 technologies & apps tracked
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Funding History
Mar 2026
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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