Proof of Usefulness Report

CollBox

Analysis completed on 1/18/2026

+294
Proof of Usefulness Score
Gaining Momentum

CollBox is a legitimate, high-traction fintech platform for SMB debt recovery, verified through external search to have recovered over $100M for clients and raised seed funding. However, the project submission itself was of exceptionally low quality, containing false claims (e.g., 'Audience: everyone', 'most people have used my product') and providing no internal evidence. The score reflects the strong underlying business fundamentals ($100M+ volume, integrations with Clio/QuickBooks) heavily penalized by the poor response quality and inaccurate reach claims.

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Score Breakdown

Real World Utility+110
Audience Reach Impact+44
Technical Innovation+41
Evidence Of Traction+70
Market Timing Relevance+40
Functional Completeness+1
Subtotal+306
Usefulness Multiplierx0.96
Final Score+294

Project Details

Project URL
Description
Based in Austin, TX, CollBox is an award-winning fintech platform that gets small to medium sized businesses (SMBs) paid for their hard work. With us, businesses can easily keep an eye on their outstanding invoices, understand options for getting paid, and submit accounts for recovery in just a few clicks so they can get back to doing what they do best.\n\nOur passion is keeping small businesses in business by giving them access to the same strategies and processes previously reserved exclusively for big enterprises.
Audience Reach
everyone
Target Users
everyone
Technologies
Fintech, Payments
Traction Evidence
most people have used my product

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