August Health offers a purpose-built electronic health record platform for senior living operators, with modules including Move-Ins, eMAR (medication management), Care Track, Billing & Payments, and Insights. The platform is the system of record for thousands of communities, teams, residents, and families across the U.S. and Canada. Customers report measurable improvements — a 23% reduction in incidents, a 20% increase in revenue, identification of millions in previously untracked care services, 87% of clinical staff saying care quality improved, and four in five reporting higher job satisfaction. The company is investing the new funding to accelerate product development and build August Intelligence, an AI-enabled care partner that surfaces real-time, evidence-based suggestions and summaries to guide caregivers. August Intelligence is designed to deliver personalized insights to the right person at the right time and will roll out to select operators this fall. The platform emphasizes ease of use, rapid onboarding, and in-house support to help operators modernize operations and capture value from care delivery. August Health provides a vertical SaaS platform for senior living communities that digitizes resident records and automates care, compliance, and operations. Its product creates a digital charge for each resident, centralizing medical, social and personal histories, care plans, progress notes, incident tracking, medication management and analytics. The company also offers a virtual care platform enabling telehealth visits and a family portal for data entry and visibility. Its compliance tools evaluate state-specific regulatory requirements in real time and generate automatic reminders to help avoid citations or fines. August Health serves thousands of senior living residents and cites that about 74% of senior living communities still operate on paper, creating demand for its solution. The startup monetizes via a per-active-resident monthly fee for both a move-in-only product and an end-to-end assisted living software platform, aligning charges to occupied beds. Co-founder Erez Cohen previously sold Mapsense to Apple and, with co-founder Dr. Justin Schram, began building the company after observing operational gaps in senior residences during the COVID era.

Total raised

$44M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2025