Proof of Usefulness Report

DocFox

Analysis completed on 1/19/2026

+473
Proof of Usefulness Score
Industry Mainstay

DocFox is a verified, highly successful B2B SaaS platform acquired by nCino for ~$75M in March 2024, serving over 450 financial institutions. However, the submission itself is of extremely low quality, containing factually incorrect claims (e.g., 'most people have used my product', 'audience reach: everyone') and lacking specific technical details. The high score reflects the verifiable real-world success of the entity, significantly penalized by the poor quality and inaccuracy of the submission data.

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Score Breakdown

Real World Utility+45
Audience Reach Impact+37
Technical Innovation+35
Evidence Of Traction+47
Market Timing Relevance+90
Functional Completeness+5
Subtotal+45
Usefulness Multiplierx1.05
Final Score+473

Project Details

Project URL
docfox.io
Description
We are a team of curious, committed and passionate individuals who love building an extraordinary product and being the best partners our clients will ever have. Our SaaS platform is being used by over 200 financial institutions worldwide and we are growing fast. We dream big, are unreasonably ambitious and value humble confidence. As a team we are helpful, transparent, real and have fun and always give that little bit extra in the pursuit for growth.\n
Audience Reach
everyone
Target Users
everyone
Technologies
Cloud Computing, Saas, Business Development
Traction Evidence
most people have used my product

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