About Sage
Sage is a company based in New York (United States) founded in 2019 by Raj Mehra, Ellen Johnston, and Matt Lynch. It operates as a SaaS (Software-as-a-Service), and HealthTech. Sage has raised $59 million across 3 funding rounds from investors including IVP, Friends & Family Capital and PLUS Capital. Sage offers products and services including Sage Platform and Sage Detect.
- Headquarter New York, United States
- Founders Raj Mehra, Ellen Johnston, Matt Lynch
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Sage, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59 M (USD)
in 3 rounds
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Latest Funding Round
$35 M (USD), Series B
Dec 06, 2024
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Investors
IVP
& 7 more
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Employee Count
Employee Count
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Products & Services of Sage
Sage offers a comprehensive portfolio of products and services, including Sage Platform and Sage Detect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Technology is provided for senior living operation management.
AI tracker is used for enhancing proactive care.
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Funding Insights of Sage
Sage has successfully raised a total of $59M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $35.0M
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First Round
First Round
(29 Jul 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series B - Sage | Valuation | IVP | |
| Oct, 2023 | Amount | Series A - Sage | Valuation | Maveron | |
| Jul, 2022 | Amount | Seed - Sage | Valuation | Goldcrest |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sage
Sage has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include IVP, Friends & Family Capital and PLUS Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are focused on US companies.
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Founded Year | Domain | Location | |
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sage
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sage Comparisons
Competitors of Sage
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sage
When was Sage founded?
Sage was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Sage located?
Sage is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Sage?
Raj Mehra is the current CEO of Sage. They have also founded this company.
Is Sage a funded company?
Sage is a funded company, having raised a total of $59M across 3 funding rounds to date. The company's 1st funding round was a Seed of $9M, raised on Jul 29, 2022.
What does Sage do?
Sage is focused on transforming senior living communities through innovative technology. A next-generation operation management system is provided to empower care teams, enhancing support for residents. Solutions are offered to streamline caregiver operations, improve incident response, and deliver data-driven insights. Key sectors include senior care and health technology, with an emphasis on improving community outcomes and caregiver efficiency.
What products or services does Sage offer?
Sage offers Sage Platform and Sage Detect.
Who are Sage's investors?
Sage has 8 investors. Key investors include IVP, Friends & Family Capital, PLUS Capital, Maveron, and Goldcrest Capital.