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Photon Instruments

HealthcareSeries B
5
Stable
WATCH
HIGH confidence

Risk Assessment

Photon Instruments has a stable workforce but notably low Glassdoor ratings and mediocre CEO approval. The sentiment signal is the primary concern — a 3.0 Glassdoor rating with 49% outlook suggests cultural issues that could accelerate if not addressed.

Signal Dimensions

Sentiment
7
-1 vs 3mo ago

GD Rating

3.0

CEO Approval

50%

Business Outlook

49%

Review Trend

Flat

Glassdoor rating of 3.0 is a concern. CEO approval at 50% and business outlook at 49% suggest internal disengagement.

Funding
4
Stable

Last Raise

Series B

Time Since Raise

10 months

Funding Stage

Early Growth

Burn Indicator

Moderate

10 months post-Series B. Runway appears adequate but hiring freeze suggests caution.

Market Position
4
Stable

Competitor Raises

2

SoV Trend

Stable

Talent Outflow

Low

Sector Growth

6%

Competitive landscape stable. No immediate displacement risk.

News & Events
3
Stable

Articles (12mo)

8

Avg Tone

+0.2

Days w/ Coverage

6

Sentiment

Neutral

Minimal news presence. Tone neutral.

Company Filings
3
Stable

Last Filing

Mar 2026

Auditor Changes

0

Director Changes

0

Overdue Filings

0

Filings current. No anomalies.

Workforce
2
Stable

Peak HC

197

Current HC

193

HC Decline

-2%

Open Roles

0

Workforce essentially stable. Minimal decline within normal range.

Score Drivers

SentimentHIGH
7

Sentiment weakness

FundingMEDIUM
4

Funding timeline

Market PositionMEDIUM
4

Market position

Confidence: HIGH · 6 of 6 signals active

Recommended Actions

NEXT 30 DAYS

Review Glassdoor trends for early signs of further sentiment decline.
Assess whether stable headcount masks internal dysfunction.

RISK IF UNCHANGED

Low Glassdoor rating (3.0) with neutral outlook could precede leadership changes.
Monitor for acceleration in any dimension.

Score Trend

Composite Risk Score

Signal Breakdown