Proof of Usefulness Report

Autobooks

Analysis completed on 1/14/2026

+609
Proof of Usefulness Score
Category Standard

Autobooks is a highly established fintech with significant real-world traction, partnering with major financial institutions to serve small businesses. While the project itself is of high value and scale (Series C, verified bank partnerships), the specific submission data provided was of very low quality (e.g., claiming 'most people' as traction and 'LunarFang' as the submitter). The score reflects the verified high utility and market position of the actual company, heavily penalized by low Quality Factors (Qi) due to the lack of serious evidence in the submission form.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+230
Audience Reach Impact+102
Technical Innovation+117
Evidence Of Traction+112
Market Timing Relevance+95
Functional Completeness+5
Subtotal+661
Usefulness Multiplierx0.92
Final Score+609

Project Details

Project URL
Description
Autobooks is a Detroit-based fintech company that partners with financial institutions (FIs) to provide an integrated invoicing, payments, and accounting solution for small businesses delivered through online banking. With Autobooks, FIs help their small business clients get paid faster, at much lower cost, and helps FIs increase deposits, generate non-interest income, and win new commercial clients.
Audience Reach
everyone
Target Users
everyone
Technologies
Fintech, Professional Services
Traction Evidence
most people have used my product

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