Proof of Usefulness Report

CrediBook (YC W22)

Analysis completed on 2/2/2026

+607
Proof of Usefulness Score
Category Standard

CrediBook is a legitimate, venture-backed (YC W22, Series A) ecosystem for Indonesian MSMEs with verifiable product-market fit. While the project itself has high real-world utility and verified traction (millions of users/funding), the submission form was filled with low-effort, exaggerated claims (e.g., 'most people have used my product'). The score reflects the strong underlying business fundamentals and market relevance, partially penalized by the poor quality of the specific evidence provided in the submission fields.

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Score Breakdown

Real World Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+645.5
Usefulness Multiplierx0.94
Final Score+607

Project Details

Project URL
https://credibook.com/
Description
CrediBook is a digital ecosystem, with a purpose to empower Micro, Small, and Medium Enterprises (MSMEs) by providing daily operations technology. Founded in early 2020, we have since expanded our services: 1. CrediBook: a digital bookkeeping app that encourages small businesses to record and manage money easily. It's 100% free! 2. CrediMart: an operation system that digitizes the supply chain between wholesale and retail for efficient inventory-sourcing. We help our wholesale Mitras earn an additional income stream by 50%. 3. CrediStore: a social-commerce enabler that provides solutions to sell and manage online businesses across multiple social media platforms. Our Mission: To leverage MSMEs' accountability through digital capability. At CrediBook, we are committed to building a professional workforce culture with our 5 CrediValues (Care, Credible, Competent, Collaborative, and Communicative). CrediBook is rapidly growing across the areas in Indonesia and we are on the lookout for highly talented individuals to become part of CrediCrew!

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