Proof of Usefulness Report

Coastr

Analysis completed on 2/20/2026

+66
Proof of Usefulness Score
You're In Business

Coastr is a legitimate, verified B2B SaaS company based in the UK, offering car rental management software with IoT and AI integration. External verification confirms the company has raised approximately $2M-$5M in funding and employs around 45 people (contradicting the 125 claimed). However, the project submission itself was of extremely poor quality, containing demonstrable falsehoods (claiming 'most people have used my product' and an audience of 'everyone') and ambiguous financial data ('marketcap: 17000000'). Consequently, while the company's real-world utility and verified traction are solid, the score is heavily penalized by the 'Quality Factor' multipliers due to the vague, exaggerated, and unsupported claims in the submission.

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Score Breakdown

Real World Utility+90.0
Audience Reach Impact+30.0
Technical Innovation+80.0
Evidence Of Traction+45.0
Market Timing Relevance+80.0
Functional Completeness+10.0
Subtotal+60.25
Usefulness Multiplierx1.10
Final Score+66

Project Details

Project URL
Description
We are redefining vehicle rentals with our state-of-art technology. Powered by IoT and AI, our software enables car and van rental operators digitise and grow their operations, analyse and improve fleet management effectively and reduce costs. Our innovative digital mobility solution helps improve fleet efficiency, opens new avenues of revenue and connects rental operators to more customers while providing enhanced security, convenience and efficiency. Our contactless and connected ecosystem also aims at making vehicle rentals simpler and personalised for end-customers.

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