Sage raises $9M to improve elderly care facilities

Care sector tech firm Sage has raised US$9m in seed funding to expand its team, build out its digital platform and scale its business.

Sage, the New York City-based technology company innovating care for older adults, produces operational products at elderly care facilities that could replace nurse call systems to help residents receive care faster.

The funding round was led by Glodcrest Capital with participation from ANIMO Ventures, Distributed Ventures and Merus Capital. 

With the new funding, Sage plans to expand its platform offerings and focus on hiring for its product management, data scientists and engineering teams.

Raj Mehra, co-founder of Sage, said: “Our US$9M round will be utilised fro continued expansion of our product and engineering teams and a new focus on implementations, business development, and client success organisations. 

“Outside of expanding our team, we will invest in our product to provide leverage for caregivers while improving health outcomes for older adults.”

Sage aims to improve the care and quality of life for caregivers and older adults. They aim to develop a platform that replaces antiquated call systems and allow care professionals to utilise data and technology to enable the best outcomes for older adults. 

Ellen Johnston, CPO and co-founder, experienced the lack of innovation in care homes when her father went through rehabilitation in an assisted living facility: “These facilities have so many alerts constantly going off with no clear accountability or understanding of what may be happening.

“This causes something we refer to as alert-blindness, which results in long response times and poor quality of care.”

Sage’s technology currently reaches roughly 20,000 residents living in elderly care facilities across the US with facilities in Florida, Georgia, South Carolina and Texas. 

According to a company statement, Sage partners have been able to reduce emergency response times by an average of 70 per cent.