Proof of Usefulness Report

Coherent

Analysis completed on 2/6/2026

+631
Proof of Usefulness Score
Category Standard

Coherent (coherent.global) is a verified, high-growth enterprise SaaS company with significant backing ($89M+ funding, Series B) and major insurance clients (Prudential, AXA). The platform addresses a critical enterprise need (Excel-to-API conversion) with proven utility. However, the submission itself was of very poor quality, containing factually incorrect claims (e.g., 'audience reach: everyone', 'most people have used my product') and confusing financial data ($17M market cap is likely inaccurate or refers to ARR). The score reflects the high real-world value of the entity, heavily penalized by the low-effort submission.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+128.0
Technical Innovation+114.8
Evidence Of Traction+180.0
Market Timing Relevance+90.0
Functional Completeness+5.0
Subtotal+742.8
Usefulness Multiplierx0.85
Final Score+631

Project Details

Project URL
Description
Coherent is the only enterprise platform designed to automate, scale, and govern complex Excel estates across the insurance and financial services industry. In property and casualty, we empower IT teams to do more with less. Technologists can focus on strategic initiatives rather than time-consuming customizations by automating product deployment. This increases capacity, paving the way for innovation and growth. In Life & Annuities, we redefine product development and deployment, reducing the friction between IT and business. With Coherent Spark, actuaries can accelerate speed to market, and information technologists can enjoy a frictionless development cycle. In banking and capital markets, we equip risk and operations executives with the insight to move from static, subjective control assessments to proactive monitoring and data-driven risk measurements across their spreadsheet estate. Data and transformation managers can prototype digitization solutions rapidly, reducing Excel migration friction and accelerating automation initiatives.

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