Business Development Executive
SageSalary not specified
- Full Time
- Senior (5 to 8 years)
About Sage
Sage provides a care platform aimed at improving support for residents in senior living communities. The platform allows care teams to collect valuable data, which helps them gain insights to enhance their performance and the overall outcomes of the community. By focusing on the roles of caregivers and the well-being of residents, Sage offers tools that measure and improve care quality and operational efficiency. Unlike many competitors, Sage operates on a subscription-based model, ensuring ongoing access to its services for senior living communities. The main goal of Sage is to optimize care delivery and enhance the living experience for seniors.
New York City, New YorkHeadquarters
2020Year Founded
$57.4MTotal Funding
SERIES_BCompany Stage
Data & Analytics, HealthcareIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Stock Options
Unlimited Paid Time Off
Paid Holidays
Flexible Work Hours
Risks
High caregiver turnover rates may impact Sage's service quality.
Rapid expansion across 26 states could strain operational capabilities.
Dependence on continuous funding rounds poses financial risks if funding becomes challenging.
Differentiation
Sage is the first cloud-based operations system in the senior living space.
The platform reduces staff turnover by an average of 20% in communities using Sage.
Sage decreases caregiver response times from 20 minutes to under 8 minutes.
Upsides
Sage raised $35 million in Series B funding to expand its reach.
The platform captures essential data, helping identify health anomalies and improve care.
Sage's AI-driven analytics anticipate health issues, reducing emergency interventions.
Funding
Total raised$57.39 M
Latest valuation$175.00 M
StageSERIES_B
SERIES B
11/30/2024$35
$175.00 MSERIES A
9/30/2023$15
$75.00 M$9
$45.00 M