Proof of Usefulness Report

Bynry

Analysis completed on 1/16/2026

+585
Proof of Usefulness Score
Industry Mainstay

Bynry (Smart360) is a verifiable, revenue-generating B2B SaaS company serving the utility sector with significant traction (~$8M estimated revenue, 700k consumers managed). The project demonstrates high utility and strong market fit. However, the submission quality was exceptionally poor (e.g., claiming 'most people have used my product' and 'everyone' as the audience), which severely impacted the Quality Factors for Traction and Reach. Despite the low-effort submission, the underlying business fundamentals warrant a high score.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+80
Technical Innovation+112
Evidence Of Traction+142
Market Timing Relevance+85
Functional Completeness+5
Subtotal+650
Usefulness Multiplierx0.90
Final Score+585

Project Details

Project URL
Description
Most small and mid-sized utilities in semi-urban and rural areas rely on manual processes, excel sheets, and fragmented age-old systems that rely on human resources and multiple data entry, resulting in billing delays and errors, customer service concerns, and cybersecurity threats. This results in millions of dollars in losses, inability to grow with increasing demand, and low consumer satisfaction. In order to transition to modern technology, existing products and solution providers face a 15-18-month onboarding cycle and high implementation costs. For smaller utility distributors, Smart360 is a first step in digital enablement. Bynry’s Smart360 provides flexibility, ease of use and scalability to utility distributors to help adapt to changing regulatory and customer needs. operations, inspections and maintenance, thereby reducing production and investment costs. Our AI enabled platform will detect anomalies in real-time to improve environmental health and safety.
Audience Reach
everyone
Target Users
everyone
Technologies
Cloud Computing, Climatetech, Cybersecurity Services-And-Products
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