This D.C. mental health startup is preparing to raise millions. So it just shut down for a week.

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.

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