Rose Health wants to close the gap in mental health care. And it’s returning to the fundraising arena to get it done — after briefly shutting down.
The D.C. mental health startup, which has been on a rapid growth track since its pandemic launch, is preparing to open a $5 million Series A round in the fourth quarter, about a year after the company’s seed raise, said Rose founder and CEO Kavi Misri.
The plan: fund its sales and marketing efforts, as well as its data analytics and artificial intelligence capabilities. That will support the development of the Rose Accelerated Care Solution, a new tool equipped with machine learning algorithms to help doctors more effectively monitor patients between visits — and detect anxiety and depression earlier.
Rose has already been putting its money to work, after raising a previous $2.6 million, most recently with the creation of its concierge team. That’s led by a licensed clinical social worker who triages patients through assessment,…Read the full story from the Washington Business Journal.