NEW YORK, NY, Sage, a technology company committed to reinventing care for older adults, has raised $9 million in seed funding.
Sage has raised $9 million in seed funding to offer caregivers a modern operating system to replace outdated and inefficient tools inside senior living facilities. Sage is led by co-founders Raj Mehra, Ellen Johnston, and Matt Lynch, who met through Palantir Technologies and its network, and bonded over shared experiences in witnessing loved ones struggle with receiving care. The seed round was led by Goldcrest Capital, and includes participation by existing investors ANIMO Ventures, Distributed Ventures, and Merus Capital.
Sage is an operating system that replaces nurse call systems. Older adults and caregivers are connected through best in class hardware and software solutions. Sage seamlessly captures essential data that saves lives, from identifying health anomalies and increases in level of care, to understanding staff performance. Sage's data platform captures data and generates insights to help facilities make better care decisions for residents while empowering managers to operate facilities more efficiently.
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