Diligence memo · auto-generated · as of July 2, 2026
Photon Health, Inc.
Photon Health, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Photon Health, Inc. operates in Healthtech, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Photon Health, Inc. has raised $7.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.3M on 2024-07-10.
Most recent recorded round closed around 2024-07-10.
Valuation (modeled)modeled
Provath models Photon Health, Inc. at approximately $36M (range $9.4M–$78M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.87× the median modeled value of Series A Healthtech companies in 2022–2024 (190 peers) — value vs value, same stage and era. Within the normal band (87% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 24 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 63% of Healthtech peers (2138 compared).
Modeled value ranks above 56% of those peers.
Closest niche peers: Nayya Health, Inc., Nue Life Health Inc., W Health Studio, Inc., Avant-garde Health, Inc., Kinetik Healthcare Solutions, Inc.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.