Proof of Usefulness Report

Buddy

Analysis completed on 1/16/2026

+260
Proof of Usefulness Score
Gaining Momentum

Buddy (buddy.insure) is a verifiable, VC-backed InsurTech company (Techstars, Sequoia Scout) offering a high-utility 'Insurance Gateway' API. While the core business solves a genuine B2B problem with significant market relevance, the project submission itself is of very low quality, containing demonstrably false claims (e.g., 'most people have used my product') and missing metrics. The score reflects the strong underlying business fundamentals and external validation, heavily penalized for the lack of verifiable data in the submission and the false reach claims.

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Score Breakdown

Real World Utility+85
Audience Reach Impact+15
Technical Innovation+75
Evidence Of Traction+52
Market Timing Relevance+80
Functional Completeness+10
Subtotal+317
Usefulness Multiplierx0.82
Final Score+260

Project Details

Project URL
buddy.insure
Description
Buddy’s industry transforming Insurance Gateway is the simplest way for software companies to manage and sell insurance products to customers. Built for businesses but designed for developers, Buddy's single, forward-compatible connection enables software companies to offer and manage insurance without costly engineering hours. \n\nBuddy is based in Richmond, Virginia, and is an alumnus of Techstars and Plug and Play Accelerators. Buddy was named a 2019 “Outdoor Innovator” by Outside Magazine and an “Insurance Innovator to Watch” by Digital Insurance. Buddy is funded by Atypical Ventures, Sequoia Scout Fund, CIT, Techstars, and Plug and Play, as well as angel investors. \n\nTo learn more, visit https://buddy.insure/. Follow Buddy on Facebook, Instagram, Twitter and LinkedIn.
Audience Reach
everyone
Target Users
everyone
Technologies
Social Media, Software Development, Publishing
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Growing utility with room for optimization
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