Predictive Mental Health Startup Rose Health Raises $1.73M in Seed Funding

Rose Health — a startup that uses predictive technology to detect behavioral health issues — has raised $1.73 million in an oversubscribed seed funding round. 

The money will help the company acquire more customers, develop new features, create a version of its platform for children and launch an employer program pilot with the Visiting Nurse Service of New York (VNSNY), according to a press release announcing the news.

Baltimore-based Rose Health uses artificial intelligence and natural language processing technology to identify early warning signs of depression and other behavioral health conditions. The platform consists of a remote patient monitoring app and a provider dashboard. There, a provider can see a patient’s Rose score, a mental health credit score created based on the user’s input into the app. 


Old Line Capital Partners — a venture capital firm based in Columbia, Maryland — led the funding round, which was initially only intended to raise $1.5 million. Rose Heath customer VNSNY was also a notable investor. 

As the nation’s largest nonprofit home- and community-based services provider, VNSNY employs more than 15,000 clinicians and health care professions, who treat about 44,000 patients every day. The organization recently decided to partner with Rose Health to create a “holistic solution” for those patients, after witnessing the mental health toll the coronavirus had taken on them and the workers who care for them. 

“We were searching for a robust solution,” David Rosales, executive vice president and chief strategy officer of VNSNY, said in a press release announcing the news. “Rose has all the elements needed to support us and will be critical in helping us build mental health resiliency in the patients we serve and prevent burnout among our staff.”


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