What is Sage?
Sage is recognized for developing an integrated care platform designed specifically for senior living communities. The company's offering combines intuitive software with intelligent devices to empower caregivers. Sage's platform aims to enhance resident safety, streamline operational workflows, and provide real-time insights, all tailored to the unique demands of modern elder care settings. By blending technology with a deep understanding of senior living needs, Sage is positioning itself as a key player in the digital transformation of the healthcare industry for aging populations.
How much funding has Sage raised?
Sage has raised a total of $124M across 4 funding rounds:
Angel/Seed
$9M
Series A
$15M
Series B
$35M
Series C
$65M
Angel/Seed (2022): $9M with participation from Merus Capital, Distributed Ventures, Goldcrest Capital, and Animo Ventures
Series A (2023): $15M led by Maveron, Distributed Ventures, Goldcrest Capital, and Animo Ventures
Series B (2024): $35M supported by Maveron, Friends & Family Capital II, Distributed Ventures, IVP, Goldcrest Capital, Plus Capital Partners, and Animo Ventures
Series C (2026): $65M featuring Goldman Sachs, IVP, and Goldcrest Capital
Key Investors in Sage
Maveron
Maveron is a consumer-focused venture capital firm that invests in early-stage companies, known for its partnership with innovative entrepreneurs aiming to transform consumer experiences. Their investment in Sage suggests a belief in Sage's consumer-facing aspects within the healthcare technology market.
Distributed Ventures
Distributed Ventures AG is a global IncuCelerator that supports and invests in innovative technology companies, particularly in FinTech and Blockchain. Their involvement with Sage indicates an interest in technology platforms that can streamline operations and potentially leverage data in novel ways.
Goldcrest Capital
Goldcrest Capital operates within the Venture Capital & Private Equity industry, focusing on technology companies. Their participation in Sage's funding rounds points to a strategic investment in the growing health-tech sector.
What's next for Sage?
With substantial enterprise-level backing and a recent strategic investment, Sage is poised for accelerated growth and market expansion. The company's focus on innovation in senior care technology, coupled with its ability to attract significant capital, suggests a strategic push towards scaling its operations, enhancing its platform capabilities, and potentially broadening its service offerings. Future developments may include deeper integration with healthcare systems, advanced data analytics for predictive care, and further technological advancements to support caregivers and improve the quality of life for seniors. The consistent investor confidence signals a strong belief in Sage's long-term vision and its potential to disrupt the elder care market.
See full Sage company page
