Senior-care technology company Sage revealed today that it has raised $65 million in new funding to improve the quality of life for older adults and their caregivers.

Founded in 2020 as Elder Technologies Inc., Sage offers a platform that is designed for use by senior living and skilled nursing providers to monitor resident activity and coordinate caregiving workflows.

The platform is focused on the operational challenges that are faced by long-term care facilities, which include staff having to rely on fragmented systems such as paper documentation, pagers and separate clinical software tools. It also aggregates operational and resident data into a centralized system intended to provide continuous visibility into daily care activities and behavioral patterns.

Sage’s platform works by integrating data streams from sensors, electronic health record systems and other facility software. Activity signals from resident rooms and common areas are captured and processed alongside clinical and operational information from third-party systems.

The platform generates notifications when unusual activity patterns are detected, such as increased nighttime movement, prolonged inactivity or deviations from normal routines to help care staff surface events requiring attention. The alerts are integrated into staff workflows and documentation systems so caregivers can review data, record observations and coordinate responses through a single interface.

The technology is deployed primarily in senior living communities and skilled nursing facilities where monitoring large resident populations and coordinating shift-based caregiving teams is a daily operational requirement. Facilities use the platform to track resident activity, support fall-prevention monitoring and maintain digital records of care interactions.

“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 co-founder and Chief Executive Raj Mehra. “This investment allows us to put caregivers at the center of innovation — by delivering a platform that provides real-time intelligence.”

The Series C funding round was led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Institutional Venture Partners LP and Goldcrest Capital.

“We are experiencing a structural shift in the senior care market, necessitating a complete modernization of its underlying technology,” said Antoine Munfa, managing director of Growth Equity at Goldman Sachs Alternatives.

The new funding takes the total raised by Sage to $124 million.

Image: Sage