Proof of Usefulness Report

Caigo

Analysis completed on 2/14/2026

+51
Proof of Usefulness Score
You're In Business

Caigo is a legitimate early-stage B2B construction procurement platform based in Australia, verified via industry summit sponsorships (e.g., Future of Construction). However, the submission quality is critically low, containing false hyperboles like 'most people have used my product' and 'everyone' as the audience. While the $2.5M market cap (valuation) and presence at events indicate a functioning business, the lack of verifiable user reviews on app stores and the disconnect between the submission's claims and reality result in a low score suitable for a minimal-traction venture.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+2.00
Technical Innovation+6.00
Evidence Of Traction+10.00
Market Timing Relevance+7.50
Functional Completeness+0.50
Subtotal+44.75
Usefulness Multiplierx1.15
Final Score+51

Project Details

Project URL
caigo.com.au
Description
Offshore procurement does not have to be a complicated and tedious task. In the information era, the global markets have never been more accessible. Caigo aims to to help your business succeed in finding the most commercially competitive products from around the world while maintaining international quality standards. Our mission is the make the procurement process simple, accessible and provide a globally competitive advantage. The global supply market is at your fingertips with Caigo.

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