Proof of Usefulness Report

Elevate Labs

Analysis completed on 2/7/2026

+763
Proof of Usefulness Score
Unicorn Utility

Elevate Labs is a verified market leader in the cognitive training and mental wellness space, with two major award-winning apps (Elevate and Balance) and millions of active users. Despite the submission's low quality (lazy responses, confusing financial metrics), external verification confirms exceptional reach, solid revenue (est. $20M-$50M+), and high technical execution. The score reflects the project's Tier-1 status, slightly penalized for the lack of detail in the submission itself.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+237.5
Audience Reach Impact+209.0
Technical Innovation+127.5
Evidence Of Traction+269.5
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+931
Usefulness Multiplierx0.82
Final Score+763

Project Details

Project URL
Description
Elevate Labs is on a mission to improve people's minds. Since 2014, we’ve helped millions of people around the world learn and improve concrete cognitive skills in reading, writing, and math through Elevate, our first mobile app which has won Apple's App of the Year Award. With Balance, our second mobile app and Google's Best App of 2021, we’ve personalized meditation to help more people reduce stress, improve sleep, sharpen focus, and much more. Elevate Labs is a fully distributed company of voracious learners and passionate doers, driven by our vision to help billions of people lead healthy, joyful, and productive lives. We intentionally invest in cultivating a robust and healthy company culture and providing a stellar employee experience and are honored to be selected as one of Built In's 2022 Best Places to Work. If our mission resonates with you, please consider applying for our open roles!

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