Sage raises $65 million to expand AI-assisted care for ageing Americans

Sage, a New York-based senior care technology firm, said on Thursday it has raised $65 million in new funding to expand its artificial intelligence platform designed to help caregivers in nursing homes and assisted living facilities.

The Series C round was led ‌by Goldman ⁠Sachs ⁠Alternatives, with participation from existing investors IVP and Goldcrest.

CEO Raj Mehra said current tools in senior care “are not built for how care actually works” leaving staff to manage their entire shift with little more than pagers, paper logs, and a walkie-talkie