Sage, a New York-based senior-care technology company, has raised $65 million in fresh funding to expand an AI platform designed to help staff in nursing homes and assisted living facilities respond faster when residents need help. The Series C round was led by Goldman Sachs Alternatives, with participation from existing investors IVP and Goldcrest, bringing Sage’s total capital raised to $124 million, according to data.
The company’s pitch is that senior-care environments still rely on tools that don’t match how care actually happens. CEO Raj Mehra told that caregivers often manage entire shifts with fragmented systems—sometimes no more than pagers, paper logs, and walkie-talkies—while residents’ needs can change quickly and unexpectedly. Sage’s product aims to make care more responsive by using a combination of room sensors and AI software that monitors for signs of distress and routes alerts to the right staff member in real time.
Sage says its system “scans for distress” every few seconds and can cut response times to about three minutes, compared with as long as 45 minutes without the technology. The idea is not only faster help in emergencies, but fewer “silent” incidents—like falls or medical deterioration—that can worsen when no one notices early warning signs.
With the new funding, Sage plans to push beyond real-time alerts into predictive AI. The company wants to monitor daily patterns—changes in sleep, bathroom frequency, and nighttime movement—to identify residents at higher risk of falling or health decline before something serious happens. That shift from reactive to preventative care is a central theme: rather than waiting for a call button press or a staff check, the system would surface subtle changes that might otherwise be missed in a busy facility.
Because monitoring technology in private living spaces raises obvious privacy concerns, Sage emphasized guardrails. Mehra told that staff would only review the specific event that triggers an alert, and only personnel with the right permissions would have access. He also said the company deletes all data within 30 days.
The expansion comes as the U.S. faces a tightening elder-care labor crunch. Sage cited an S&P Global estimate that by 2030, about 72 million Americans will be of retirement age—meaning demand for care is rising while facilities struggle with staffing. In that environment, tools that reduce missed events and speed response times are being marketed as both a safety upgrade and a way to ease workload pressure on overstretched caregivers.
Sage’s business model is built to lower adoption barriers: the company says it covers upfront installation costs and charges customers a monthly software subscription fee.
Overall, the funding is a bet that AI-assisted monitoring—if deployed with tight privacy controls—can help senior-care facilities deliver safer, faster, more proactive care at a time when the number of older Americans is rising faster than the workforce available to support them.
