Note: Last year at ScaleView, we advised Grove Menus, a foodservice software company for senior living facilities, on their sale to Aline Ops, a senior living platform backed by Rubicon Technology Partners. We remain excited about the space.
Senior care software keeps drawing capital. Five recent deals worth highlighting span the operations stack, the post-acute platform race, and the family-facing referral layer.
ECP’s “several hundred million” growth recap from Level Equity is the biggest signal of the bunch, billed as the largest growth investment in the history of assisted living software. Two months later, Sage closed a Goldman Sachs Alternatives-led Series C. LivTech (PSG-backed) added a home health EMR to its post-acute stack. And the referral and advisor layer is consolidating in real time: SilverAssist (Growth Catalyst Partners) bought Caring.com in January, three months after Genworth’s CareScout closed its acquisition of Seniorly.
Most of the activity sits in PE-backed platform builds rather than headline buyouts. Five deals, five different angles on what senior care software is becoming.
Alora Healthcare Systems acquired by LivTech (April 2026)
Category: Home health EMR & clinical documentation
Type: Add-on
LivTech, the PSG Equity-backed long-term post-acute care software platform, acquired Alora Healthcare Systems in April 2026. Alora is the home-health EMR layer LivTech didn’t previously have, and the deal completes a stack that now spans senior living (Eldermark), physician practices (ChartPath), and home-based care.
Alora is a software company, founded in 2005 and based in Atlanta, that sells a cloud-based EMR and operations platform to home health, home care, hospice, and pediatric homecare agencies. Modules cover intake, scheduling, OASIS-E clinical documentation, billing across Medicare / Medicaid / VA / private payers, electronic visit verification, and state-specific compliance. The product has about 30,000 daily users and has processed roughly $14b in claims and 162m visits since launch. A home health nurse on a tablet visit opens the Alora app, completes the OASIS-E assessment at the bedside, and the system auto-codes the note, flags any compliance gaps, and queues the Medicare claim with required documentation already attached.
The strategic logic is the end-to-end post-acute stack. Until this deal, LivTech could follow a senior living resident through Eldermark and a physician encounter through ChartPath, but a home health transition required a third-party EMR (typically Axxess, MatrixCare, WellSky, or AlayaCare). Alora closes that gap and adds AI documentation primitives across the portfolio.
PSG Equity is a Boston-based growth investor with over $28b in AUM, focused on enterprise software and tech-enabled services. PSG rolled its LivTech stake into PSG Sequel (a continuation fund closed in February 2025), alongside Arcoro (HR software for the construction trades), Semarchy (master data management), and Transit Technologies (fleet and transportation software).
Sage raises $65m Series C led by Goldman Sachs Alternatives (March 2026)
Category: Senior care AI operations platform
Type: Growth Equity
Sage closed a $65m Series C led by Growth Equity at Goldman Sachs Alternatives in March 2026, with existing investors IVP and Goldcrest following on. Total capital raised crosses $124m, the company’s third round in 18 months after the $35m Series B from IVP in December 2024.
The product has moved well past its original anchor of in-room fall sensors plus a caregiver leaderboard. Sage now sits as an integration layer across the senior care tech stack, with live bidirectional EHR connections to ALIS, ECP, and Yardi and PointClickCare and August Health coming online. The newer Sage Detect engine analyzes daily activity patterns (sleep changes, nighttime wandering, bathroom frequency) to flag fall risk before an incident. A caregiver mid-shift can pull up a resident and see the EHR care plan, an open Sage Detect alert about three nights of disrupted sleep, and the day’s planned tasks from Sage Tasking on one screen. The platform triaged 1.3 million care events in 2024 across hundreds of communities in 26 states.
Per the Goldman release, the capital is going toward predictive safety AI, the EHR-unified caregiver workflow, and deeper skilled-nursing capabilities. Skilled nursing is the bigger prize: it carries higher acuity, tighter regulatory scrutiny, and more dollars per bed than assisted living.
Growth Equity at Goldman Sachs Alternatives has invested over $13b since 2003 across enterprise software, fintech, and healthcare. The senior care AI thesis is consistent with the broader healthcare-software pattern that has anchored several of the group’s recent checks.
Caring.com acquired by SilverAssist (January 2026)
Category: Senior housing referral and advisory
Type: Add-on
SilverAssist, a Growth Catalyst Partners-backed senior care platform, acquired Caring.com on January 12, 2026. It’s the latest step in a multi-year roll-up that started in 2022 and now spans five operating brands. Stellus Capital Management provided unitranche senior debt and an equity co-investment to fund the deal.
Caring.com, founded in 2007, is a digital senior care marketplace combining editorial content, community directories, 400,000+ consumer reviews, and a toll-free Family Advisor helpline. SilverAssist itself is best understood as a tech-enabled services platform rather than pure software, with a national network of human advisors and financial concierges augmented by digital search and lead-generation tools. SilverAssist’s existing footprint covers ElderLife Financial Services (financial concierge for paying for senior care, including bridge loans and VA benefits), Oasis Senior Advisors (a national franchise network of about 130 local Certified Senior Advisor offices), Care Changes (advisory placement service), and FamilyAssets (information platform). A family in Phoenix searching for assisted living lands on Caring.com, gets matched to a few local communities, an Oasis advisor calls to walk through care needs, and ElderLife structures a bridge loan against the parent’s home to cover move-in costs.
The strategic logic is the integrated funnel: search, advise, finance, all under one P&L. That positions SilverAssist as the principal national pure-play competitor to A Place for Mom in senior housing referrals.
Growth Catalyst Partners is a Chicago- and New York-based middle-market PE firm focused on tech-enabled marketing, information, media, and business services. SilverAssist is the second platform formed in GCP II, the firm’s 2022-vintage fund. Other GCP platforms across funds include Equine Network (content and tech-enabled services for the US equine industry), GovExec (federal government media brands including Defense One and Nextgov), and CyberRisk Alliance (cybersecurity intelligence and events).
ECP raises growth investment from Level Equity (December 2025)
Category: Assisted living EHR & eMAR
Type: Recap
ECP, an East Troy, Wisconsin software company purpose-built for assisted living, raised what it called the largest growth investment in the history of assisted living software from Level Equity on December 8, 2025. Existing investors and management rolled into the round. The exact amount wasn’t disclosed, but Senior Housing News and other outlets reported it at “several hundred million dollars.”
ECP is a cloud platform that runs the operational and clinical stack for assisted living communities. The product set covers eMAR (electronic medication administration), EHR and care plans, CRM for sales and lead-to-move-in, an admissions module, billing, and business intelligence on top of the underlying data. ECP says it serves over 8,000 communities and 120,000 users across all 50 states.
Per ECP and Level Equity, the capital will fund AI product development, value-based care capabilities, and ease-of-use work. The AI use cases called out in the announcement are concrete: tracking acuity changes to capture revenue that operators currently miss, flagging fall risk before incidents occur, and reducing medication errors. Value-based care is the longer arc, turning daily care documentation into outcomes data that operators can actually price.
Level Equity is a software-focused growth investor based in New York with over $4.5b in committed capital and 125+ investments since 2009. Its healthcare software roster includes Net Health (EHR and practice management for outpatient providers) and Lightning Step (integrated EMR, CRM, and RCM for behavioral health).
Seniorly acquired by CareScout (October 2025)
Category: Senior housing referral and advisory
Type: Product Expansion
CareScout, a wholly owned subsidiary of Genworth Financial, a publicly traded long-term care insurer, closed its acquisition of Seniorly on October 31, 2025, two weeks after announcing the deal. Total consideration was approximately $15m in cash, funded from Genworth’s existing holding company cash. Seniorly will operate as a CareScout subsidiary, with its advisor network and technology migrating onto the CareScout platform over the coming months.
Seniorly is a digital senior living referral marketplace paired with a network of local advisors. Founded in 2014 in San Francisco, the company connects families to more than 3,000 partnered communities. A daughter in Phoenix caring for her father with early-stage dementia opens Seniorly, filters local memory care communities by review score and price, and gets matched to three options. A Seniorly advisor calls within an hour to walk her through tour scheduling and what to look for on a visit. The service is free to families and Seniorly monetizes by charging a commission from communities on move-ins.
CareScout is the consumer-facing services brand Genworth has been building out since 2024. Existing offerings include ADL care assessments, licensed-nurse-built care plans, and the CareScout Quality Network (110+ vetted homecare agencies). In October 2025, CareScout also launched Care Assurance, Genworth’s first new individual long-term care insurance policy after nearly a decade out of new sales. Seniorly slots into the front of that funnel: it brings pre-existing demand from families actively searching for senior living, which is the customer-acquisition problem CareScout would otherwise have to solve from scratch.