Sage, an integrated care platform serving senior living and skilled nursing facilities, has raised $65 million in a Series C funding round led by Growth Equity at Goldman Sachs Alternatives. The financing brings the company’s total capital raised to $124 million and supports its strategy to transition senior care from reactive intervention to predictive prevention.
The funding comes amid mounting demographic and workforce pressures. By 2030, 72 million Americans are projected to reach retirement age. At the same time, the senior care sector faces a shortage of 1.8 million licensed caregivers and a 79% turnover rate. Sage’s leadership argues that incremental hiring alone cannot resolve the imbalance between demand and workforce capacity.
“Every caregiver I talk to says the same thing: current tools are not built for how care actually works, contributing to chaotic environments that fail both caregivers and residents,” said Raj Mehra, Co-founder and CEO of Sage.
At the center of Sage’s platform is Sage Detect, a predictive AI engine designed to identify fall risks and other adverse events before they occur. Rather than responding after emergencies, the system analyzes daily behavioral patterns — including sleep disruptions, nighttime wandering, and increased bathroom frequency — to flag residents at elevated risk. According to the company, communities using Sage report:
50% reduction in falls
50% faster caregiver response times
$275 increase in net operating income (NOI) per resident per month
In addition to predictive analytics, Sage addresses workflow fragmentation by aggregating data from multiple electronic health record (EHR) systems — including ALIS, August Health, ECP, PointClickCare, and Yardi — into a unified, real-time dashboard. The platform is designed to reduce cognitive load by surfacing risk signals and alerts directly within caregiver workflows.
“This investment allows us to put caregivers at the center of innovation — by delivering a platform that provides real-time intelligence, and by convening an inaugural summit to ensure their voices and expertise drive the future of the industry,” noted Raj Mehra, co-founder and CEO of Sage.
The company plans to use the new capital to accelerate deployment across senior living and skilled nursing facilities, positioning predictive AI as core infrastructure for an aging population.
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