A Letter from our CEO: Sage Raises $65M in Series C Funding

This week marks an important moment for Sage, and for the future of senior care. I’m 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.

But for me, this isn’t about a funding round. It’s about further enabling the infrastructure we’re building to improve the lives of older adults and the caregivers who show up for them every single day.

If you work in senior care, you already know the system is under enormous strain. Residents have higher needs than ever. Care teams are stretched thin. And the tools they’re given were never built for the realities of modern care. As the country prepares for 77 million older adults by 2035, the “silver tsunami” isn’t an abstract statistic—it’s something we hear about from our clients consistently.

Industry leaders face a choice: continue to rely on workflows built for a different era, or build a new foundation worthy of the people we care for.

Sage exists to help make that choice possible. From day one, my co-founders, Matt Lynch and Ellen Johnston, and I were on a mission: to design a platform around caregivers. We’d seen it ourselves; when caregivers have clear workflows, real-time insight, and tools that anticipate needs rather than react to them, everything improves. Families gain visibility. Operators gain confidence. And older adults receive safer, more attentive care.

This new investment allows us to accelerate that work. As I’ve said before, we cannot solve the care gap with staffing alone. Every caregiver I talk to says the same thing: the current tools are not built for how care actually works. This new round of funding gives us the ability to put caregivers at the center of innovation—delivering real-time intelligence, and convening an inaugural caregiving summit this fall to ensure their voices shape the future of the industry.

We’re now doubling down in three critical areas:

• ‍Predictive AI for Resident Safety. Today, caregivers often discover problems after they happen. We’re evolving Sage Detect into a predictive engine, analyzing activity patterns like sleep changes, bathroom frequency, and nighttime wandering to identify high-risk residents before an adverse event occurs.‍
• Unified Caregiver Workflow. Most communities still toggle between disconnected systems to piece together a resident’s status. Sage is centralizing data from EHR partners including ALIS, Yardi, PCC, August and ECP, into a single, real-time care view, surfacing risk signals and context where it matters most: at the point of care.‍
• Deeper Investment in Skilled Nursing. Skilled nursing operates under some of the most demanding conditions in healthcare. Their technology hasn’t kept pace. We’re expanding our platform to meet those needs directly, where integrated infrastructure and predictive intelligence can drive immediate impact for caregivers and residents alike.

The stakes could not be higher. The funding we announced today builds on real momentum: the launch of Sage Detect, new EHR integrations, and our expansion into hundreds of communities. But we’re just getting started.

To our clients: thank you for your partnership and trust. To our caregivers: thank you for the work you do every day, often without the tools or recognition you deserve. And to our team: thank you for building with the urgency, empathy, and conviction this mission requires.

We’re honored to continue this work together in the weeks, months, and years ahead.

Yours,
Raj Mehra
Co-Founder & CEO, Sage