Proof of Usefulness Report

August Health

Analysis completed on 2/4/2026

+625
Proof of Usefulness Score
Category Standard

August Health is a verified, high-growth Series B startup ($46M+ funding) providing critical EHR software to the senior living industry. While the submission contained inaccurate claims regarding audience reach ('everyone') and traction ('most people'), external verification confirms strong adoption across thousands of communities and a team of ~70 employees. The project scores highly on utility, innovation (AI integration), and market timing, though the final score is dampened by the low quality of the submission data.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+40.0
Technical Innovation+120.0
Evidence Of Traction+180.0
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+657.5
Usefulness Multiplierx0.95
Final Score+625

Project Details

Project URL
augusthealth.com
Description
August Health develops transformative software for senior living caregivers, aiming to empower them and increase efficiency in delivering high-quality care. Their platform offers solutions like electronic health records (EHR), eMAR (medication management), and billing, designed to be intuitive and user-friendly for staff. The company was founded in 2020 by Dr. Justin Schram and Erez Cohen, with a mission to support the essential work of caring for elders by providing modern, technology-driven tools.

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