August Health Secures $29M Series B to Bring AI-Powered Intelligence to Senior Living

Intro

On August 7, 2025, August Health announced it has raised $29 million in Series B funding, led by Base10 Partners, with participation from General Catalyst, Matrix Partners, and new investors Equitage Ventures, Senior Living Transformation Company, and Stanford University. The funding will fuel the expansion of August Intelligence, the company’s new AI-enabled care partner, and help grow its engineering and design team.

What the Company Does

Founded in 2020 by Dr. Justin Schram (a senior living physician) and Erez Cohen (a former Apple engineering leader), and headquartered in San Francisco, CA, August Health offers a comprehensive EHR platform for senior living communities across the U.S. and Canada.

• Move-Ins (digital onboarding)
• EHR (clinical records)
• eMAR (medication management)
• Care Track
• Billing & Payments
• Insights (analytics)
• August Intelligence – upcoming AI-powered assistant rollout

Users report a 23 % reduction in incidents, 20 % revenue increase, and improved staff satisfaction and care quality.

Who It’s Best For

Senior living operators—from independent living to assisted care—seeking a modern, user-friendly platform that streamlines clinical operations, enhances resident care, and brings proactive, data-driven insights to caregivers.

Similar Companies

• PointClickCare – widely used senior care EHR
• MatrixCare – EHR and operations for long-term/post-acute care
• Caremerge – communication/coordination for senior living
• AI-infused eldercare startups – blending analytics into caregiving

August stands out with its unified, caregiver-first design and proactive AI capabilities.

How to Get in Touch

Website: augusthealth.com
Request a demo via homepage.
Press Contact: Juliana Sullam, (415) 570-7870, [email protected]
Headquarters: San Francisco, CA

Team / Founders

Dr. Justin Schram – Co-Founder, senior living physician
Erez Cohen – Co-Founder, former Apple engineering leader

Advisory Board

• Shadoworee Betts – COO, Senior Star
• Jason Childers – COO, Merrill Gardens
• Andy Eby – CEO, Bickford Senior Living
• Severine Petras – CEO & Co-Founder, Priority Life Care
• Brandon Ribar – CEO, Sonida Senior Living