Proof of Usefulness Report

Elastic Path

Analysis completed on 2/4/2026

+654

Proof of Usefulness Score

Category Standard

Elastic Path is a substantial, verified enterprise commerce entity with over two decades of market presence, ~$150M in funding, and verified adoption by Fortune 500 clients (e.g., T-Mobile, Pella). The project demonstrates exceptional Real-World Utility and Traction relative to typical submissions. However, the specific submission text provided was extremely low-quality ('audienceReach: everyone', 'evidenceOfTraction: most people'), necessitating a reliance on external verification rather than the submitted evidence. The final score reflects the high intrinsic value of the business, heavily penalized for the poor quality of the response.

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Score Breakdown

Real World Utility+180.0

Audience Reach Impact+136.0

Technical Innovation+127.5

Evidence Of Traction+180.0

Market Timing Relevance+85.0

Functional Completeness+2.5

Subtotal+711

Usefulness Multiplierx0.92

Final Score+654

Project Details

Project URL

elasticpath.com

Description

Elastic Path is a developer of an API-based enterprise commerce software designed to offer a personalized and unified buying experience for manufacturers, retailers, and distributors. The company's software integrates omnichannel e-commerce directly into marketing clouds and experience management platforms, enabling enterprises to maximize customer engagement and revenues. It was founded in 2000 by Mark Williams, Jason Billingsley, Dave Koo, Ryan Orr, and Harry Chemko in Vancouver, Canada.

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