What is Sage?
Elder Technologies, Inc., operating as Sage, provides a sophisticated care coordination platform designed specifically for the complexities of senior living communities. The company's value proposition lies in its ability to synthesize real-time data from connected devices with intuitive software interfaces, enabling caregivers to enhance resident safety and operational efficiency. As the aging population grows, Sage's market position as a digital health enabler has become increasingly vital, allowing facilities to transition from reactive care models to proactive, insight-driven management systems.
How much funding has Sage raised?
Sage has raised a total of $159M across 5 funding rounds:
Angel/Seed
$9M
Series A
$15M
Series B
$35M
Series C
$65M
Debt
$35M
Angel/Seed (2022): $9M with participation from Distributed Ventures, Merus Capital, Animo Ventures, and Goldcrest Capital
Series A (2023): $15M led by Goldcrest Capital, Distributed Ventures, Maveron, and Animo Ventures
Series B (2024): $35M supported by Maveron, Friends & Family Capital II, Animo Ventures, Plus Capital Partners, IVP, Goldcrest Capital, and Distributed Ventures
Series C (2026): $65M featuring IVP, Goldcrest Capital, and Goldman Sachs
Debt (2026): $35M backed by The Business Bank of St Louis
Key Investors in Sage
IVP
IVP is a Menlo Park-based later-stage venture capital firm that raises large growth funds and invests in high-growth technology companies, typically supporting them through scale-up and IPO/M&A exits.
Goldcrest Capital
Goldcrest Capital is a venture capital fund that specializes in investing in private technology companies, providing capital and strategic guidance to help startups scale their operations.
Goldman Sachs
Goldman Sachs is a leading global investment banking and management firm known for its influential role in capital markets, providing strategic advisory and financing services to high-growth enterprises.
What's next for Sage?
With the recent infusion of capital, Sage is well-positioned to scale its operations and deepen its technological footprint within the senior care market. The company's strategic roadmap likely involves expanding its footprint in the enterprise healthcare space, enhancing its predictive analytics capabilities, and potentially exploring new service verticals. Given the involvement of growth-stage investors and institutional banking partners, Sage is clearly transitioning from a high-growth startup phase into a mature enterprise entity capable of setting new standards for resident care and operational excellence in the elder care industry.
See full Sage company page
