Sage secures $65 million Series C to advance senior care technology

Sage, a U.S.-based healthcare technology company, has secured $65 million in Series C financing led by Goldman Sachs Alternatives to scale its artificial intelligence platform designed for senior living and skilled nursing facilities. The funding will help the company expand its technology nationwide, aiming to improve how caregivers monitor residents and manage care as the country’s aging population continues to grow, according to PR Newswire.

Series C funding strengthens Sage healthcare expansion

The investment round was led by the growth equity team of Goldman Sachs Alternatives and also included participation from existing investors such as IVP and Goldcrest Capital. With the addition of the Series C funding, Sage has now raised approximately $124 million in total since the company was founded.

Company leaders say the new capital will support further development of its technology platform and allow for broader deployment across senior care organizations throughout the United States. Many facilities currently rely on a mix of outdated tools and disconnected software systems to manage daily operations and resident care. Sage aims to replace those fragmented processes with a single integrated platform.

The company’s system uses artificial intelligence and real-time data to help staff monitor residents more efficiently. By consolidating information from multiple sources into one interface, the platform is designed to make it easier for caregivers to track changes in a resident’s condition and coordinate responses among staff members.

Sage also announced plans to bring together industry stakeholders at its first Caregiver Summit in New York in 2026. The event is intended to create a forum where operators, healthcare professionals, and technology leaders can discuss workforce pressures and potential solutions for improving long-term care delivery.

Healthcare AI platform designed to improve senior care technology

One of the primary goals of Sage’s platform is to help care providers identify potential health risks earlier. The system analyzes patterns in residents’ daily activity to detect changes that might signal an increased risk of falls or other medical issues.

When unusual patterns are identified, caregivers can receive alerts that prompt them to check on residents or adjust care plans. This approach is intended to allow staff to intervene before a minor issue escalates into a serious incident requiring hospitalization.

Another area of focus is simplifying how caregivers manage information during their shifts. In many senior living and skilled nursing facilities, staff members must switch between several systems to document care activities, access medical histories, or coordinate with colleagues. Sage’s platform aims to centralize these functions within a single digital environment.

The technology can also integrate with electronic health record systems already used in the industry, including platforms such as PointClickCare and Yardi. By connecting operational data with clinical information, the company says caregivers can gain a clearer overview of residents’ needs without navigating multiple tools.

Industry leaders involved in the investment note that workforce shortages remain one of the most pressing issues in long-term care. According to estimates cited by the company, nearly 1.8 million additional licensed caregivers may be needed in the coming years to meet rising demand. Technology that reduces administrative workload could help staff devote more time to direct resident care.

Rising demand for senior care technology in an aging population

The expansion of digital tools in senior care is occurring alongside major demographic changes in the United States. By 2030, projections suggest that about one in five Americans will be 65 or older, significantly increasing demand for assisted living, skilled nursing, and other long-term care services.

Sage was founded by entrepreneurs who experienced firsthand the challenges families face when navigating elder care systems. Their goal was to build a platform capable of improving coordination among caregivers while also giving facility operators better insight into day-to-day operations.

Since its launch, the company has introduced software designed to collect and analyze operational data from senior living communities. These insights can help staff track trends in resident health, manage staffing needs, and improve safety monitoring across facilities.

Earlier rounds of funding allowed the company to expand its engineering and product teams while forming partnerships with organizations in the senior living industry.

Sage’s $65 million Series C round highlights growing interest in technology solutions that address the challenges of caring for an aging population. By combining artificial intelligence with integrated data systems, the company aims to help caregivers detect health risks earlier and manage their work more efficiently.

As demand for senior care services increases in the coming decade, digital platforms that support staff and improve oversight may play a larger role in how facilities deliver care to older adults across the United States.