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Data Center News > Blog > Investments > Sage Raises $35M in Series B Funding
Investments

Sage Raises $35M in Series B Funding

Last updated: December 9, 2024 12:51 am
Published December 9, 2024
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Sage, a NYC-based supplier of an operations administration platform for senior residing, raised $35M in Collection B funding

The spherical, which purchased the overall quantity to $59M, was led by IVP, with participation from Associates & Household Capital and PLUS Capital. Current buyers Maveron, Goldcrest Capital, Distributed Ventures, and Animo Ventures additionally participated.

The corporate intends to make use of the funds to assist its group progress, prolong its attain to extra communities and develop superior product options.

Led by CEO Raj Mehra, Sage gives a cloud-based operations system for the senior residing house, which permits communities to immediately entry actionable information, serving to them drive higher resident care, optimize staffing, and ship significant insights to enhance effectivity and high quality of life.

FinSMEs

06/12/2024

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See also  REplace Raises $2.1M to Advance AI-Powered Site Selection for Energy and Data Projects
TAGGED: 35M, Funding, Raises, Sage, Series
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