# Sage

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sage-2

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.sagehealth.com
- Total disclosed funding: $123M
- Latest round: Series C (Mar 5, 2026)
- Investors on record: 10

## About

Based in New York, US, and founded in 2020 by CEO Raj Mehra, CPO Ellen Johnston, and CTO Matt Lynch, Elder Technologies, Inc. trading name under Sage is a health-tech company that specializes in improving the overall digital system of nursing home facilities, ensuring older adults receive individual care. In March 2026, Sage raised USD 65 million in series C funding led by Goldman Sachs Asset Management, with participation from Goldcrest Capital and Institutional Venture Partners.

The company provides a software platform that captures essential data to prevent emergencies and improve the quality of life for older adults. The platform allows care managers to collect data and understand the evolution of a resident's needs in real-time, view staff performance metrics such as incident response time, and prevent emergencies through proactive care.

The company plans to use the March 2026 funding to expand its AI-based care platform to support caregiver workflows and improve resident safety across senior living and skilled nursing facilities.

## Funding rounds

- Series C, Mar 5, 2026, $65M — Institutional Venture Partners, Goldman Sachs Asset Management, Goldcrest Capital
- Series B, Oct 24, 2024, $35M — Institutional Venture Partners, Maveron, Goldcrest Capital, Plus Capital, Animo Ventures, Friends & Family Capital, Distributed Ventures
- Series A, Aug 3, 2023, $14M — Maveron, Goldcrest Capital, Animo Ventures, Distributed Ventures
- Seed, Jul 28, 2022, $9M — Merus Capital, Goldcrest Capital, NFP Ventures, Animo Ventures

## Investors

- Merus Capital — Seed
- Goldcrest Capital (https://capitalatlas.ai/funds/goldcrest-capital) — Seed, Series A, Series B, Series C
- NFP Ventures (https://capitalatlas.ai/funds/nfp-ventures) — Seed
- Animo Ventures (https://capitalatlas.ai/funds/animo-ventures) — Seed, Series A, Series B
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A, Series B
- Distributed Ventures (https://capitalatlas.ai/funds/distributed-ventures) — Series A, Series B
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B, Series C
- Plus Capital (https://capitalatlas.ai/funds/plus-capital) — Series B
- Friends & Family Capital (https://capitalatlas.ai/funds/friends-family-capital) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C