August Health secured $29 million in Series B funding. Base10 Partners led the round. Existing investors General Catalyst and Matrix Partners also participated. Additionally, new strategic partners Equitage Ventures, Senior Living Transformation Company, and Stanford University joined. This August Health funding advances its AI-enabled caregiving vision.
The capital accelerates development of August Intelligence. This AI-driven tool enhances care and operations across senior living communities. Specifically, it provides proactive insights for caregivers.
Advancing Senior Living Technology
August Health's Electronic Health Records (EHR) platform serves thousands of communities. It offers solutions including Move-Ins, eMAR, and Care Track. Consequently, the platform improves resident well-being and operational sustainability. For example, customers report a 23% incident reduction.
August Intelligence, an artificial intelligence care partner, will roll out this fall. It delivers personalized, real-time insights. Care teams use these tools for timely interventions. Therefore, this improves care quality and staff satisfaction.
Dr. Justin Schram and Erez Cohen founded August Health in 2020. The company rapidly expanded its platform. Moreover, it now supports operators across the U.S. and Canada. Unlike broader healthcare tech providers such as WellSky or PointClickCare, August Health focuses specifically on senior care technology.
