Proof of Usefulness Report

Arazy Group Consultants Inc.

Analysis completed on 2/13/2026

+648
Proof of Usefulness Score
Category Standard

Arazy Group is a verified, established RegTech firm (founded 1995) with significant revenue (~$14M-$17M) and global reach (140 countries). The core product, LICENSALE®, solves a critical high-friction problem in medical device registration. However, the submission itself is of low quality, containing hallucinations (e.g., 'most people have used my product', 'GoldenStone') and lazy data entry. The score reflects the strong underlying business fundamentals and verified market leadership, significantly penalized for the poor quality of the provided evidence.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+120
Technical Innovation+101.25
Evidence Of Traction+184
Market Timing Relevance+85
Functional Completeness+5
Subtotal+720.25
Usefulness Multiplierx0.9
Final Score+648

Project Details

Project URL
Description
Arazy Group Consultants Inc. is the inventor of global medtech registration technology providing services and products designed to streamline, simplify, and expedite international market access affairs for all types of medical and IVD devices. With the launch of LICENSALE® - Global Medtech Registration System in 2013, Arazy Group took the lead on the provision of advanced registration and license management technology solutions, designed specifically for the medical and IVD device industry. Staying true to its company mission to make the best medical devices and medical practice available to patient and physicians around the world, LICENSALE® delivered thousands of new products registrations, amendments, renewals, and transfers of licenses over the past seven years. Leveraging on their experience and the latest advancement in software, database management, machine learning and A.I., Arazy Group developed the next generation in MedTech registration and license management software- LICENSALE® 2.0, REGISLATE® and the EUDAMEDtech© system Advanced solutions rapidly adopted by the global medtech industry and becoming the gold standard of market access license management. Arazy Group is based in Vancouver, British Columbia, Canada. Arazy Group has additional offices in the US, Argentina, Israel, Turkey, Korea and throughout Europe and is operating globally in 140 countries. Please contact us for more information or visit our website: http://arazygroup.com.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline