Congratulations to the Sage team on closing their $35M Series B round led by IVP, with participation from Friends & Family Capital and PLUS Capital. As existing investors, we at Distributed Ventures were also proud to participate and help reshape the future of #seniorliving. #startups #fundraising #venturecapital #agetech #seriesB
?We have some big news to share! Sage raised $35 million in Series B funding led by IVP, with participation from Friends & Family Capital and PLUS Capital. Existing investors Maveron, Goldcrest Capital,? Distributed Ventures, and ANIMO Ventures also participated! ???From Raj Mehra, Co-Founder and CEO at Sage: “At Sage, our goal is to be the operational backbone for all long-term care communities. Our platform helps caregivers respond faster—decreasing response times from an average of 20 minutes to under 8 minutes.” ?“Those minutes save lives: we helped operators triage 1.3 million care events this year alone. We also provide real-time insights into caregiver activity, which previously wasn’t possible. This operational visibility allows communities to improve staffing and reward exceptional caregivers.” ??“Ultimately, Sage helps senior living operators do good and do well, creating thriving environments where both residents and caregivers feel valued.” Read more about the spark for Sage and where we’re going from here ?? https://lnkd.in/er884SeR
Vice President at Goldman Sachs
2 个月Well done, Shawn Ellis and Distributed Ventures team!