Proof of Usefulness Report

Coffee Cloud

Analysis completed on 2/26/2026

+45
Proof of Usefulness Score
You're In Business

Coffee Cloud is a legitimate B2B IoT concept for the coffee industry, founded in 2015, with verifiable history of raising ~$2.2M and partnerships (e.g., 1NCE). However, critical red flags severely impact the score: 1) PitchBook data indicates the company status as 'Out of Business' as of January 2026; 2) The submission claims 'most people have used my product,' which is factually false for a niche industrial telemetry tool; 3) The 'market cap' of 2.5M after 10 years suggests a stalled or failed venture. The low submission quality (vague audience 'everyone', missing specific metrics) further degrades credibility.

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+60
Audience Reach Impact+20
Technical Innovation+50
Evidence Of Traction+30
Market Timing Relevance+40
Functional Completeness+10
Subtotal+31.75
Usefulness Multiplierx1.15
Final Score+36

Project Details

Project URL
Description
Coffee Cloud Data Analytics IoT is a full-stack solution to digitize the professional coffee industry. Coffee Cloud software helps coffee producers/suppliers, machine producers/providers, cafe's, restaurants and chains to understand how their coffee machines are being used, giving them precise analytics data to ensure coffee quality and profitability.

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