D.C.’s Rose Health, a fast-growing mental health startup that quickly gained traction through the Covid-19 crisis, has been acquired by a West Coast behavioral health company for an undisclosed amount.
The local startup, whose digital platform identifies symptoms of depression and mood disorders and connects patients with care, has sold to Westlake Village, California’s Precise Behavioral Inc., the companies have told us.
Precise, a new company, comes from Dr. Nitin Nanda, founder and CEO of behavioral health platform Aligned Telehealth, which he sold to Boston’s Amwell in 2019. It’s also backed by Deepak Chopra, founder and CEO of Hawthorne, California-based electronics manufacturing company Osi Systems Inc., and Kapil Nanda, founder and former chief of Los Gatos, California-based IT consulting firm Infogain Corp., which sold in 2021 to British private equity firm Apax Partners LLP.
“We will be able to deliver patient care services to those who previously may have gone undetected…
Read the full story from the Washington Business Journal.
