Sage Raises $15M in Funding

Sage

Sage, a NYC-based technology company providing a care coordination platform, raised $15M in funding.

The round, which brought the total amount to $24M, was led by Maveron and included participation form Goldcrest Capital, ANIMO Ventures, and Distributed Ventures. Natalie Dillon, partner at Maveron, will be joining the Sage board of directors as the first outside board member.

The company intends to use the funds to support the growth of functions within its team, scaling the current client base and developing new product features.

Led by CEO Raj Mehra, Sage has developed technology that empowers care teams to provide support to senior living community residents, leveraging an unified care platform. It captures essential data that saves lives – helping to identify health anomalies, rightsizing levels of care, and providing transparency around staffing needs. The data platform generates insights to enable care teams to make better decisions for residents while driving more efficient operations and transparency for families.

FinSMEs

25/10/2023