Sage, an integrated care platform built for senior living and skilled nursing, secured a $35 million specialized debt facility provided by Stifel Bank. The financing will scale Sage’s hardware-as-a-service (HaaS) initiative, helping senior living communities and skilled nursing facilities modernize aging infrastructure without requiring large upfront capital investments. Combined with its recent $65 million Series C equity round led by Goldman Sachs Alternatives, Sage has raised $100 million in funding in 2026.
“When a senior living community has to delay upgrading a broken or outdated life safety system because of budget constraints, it is the residents and the frontline caregivers who pay the price,” Raj Mehra, co-founder and CEO of Sage, said. “We restructured our model specifically to remove that barrier — so that when an operator is ready to modernize, capital approval cycles don’t slow down care improvement. That’s the partnership: we remove the financial obstacle, and communities commit to going live without unnecessary delay. We only succeed when they do.”
Sage will use the capital to scale a model that aligns its corporate success directly with the safety and well-being of the communities it serves.
