Proof of Usefulness Report

Eliq

Analysis completed on 1/20/2026

+425
Proof of Usefulness Score
Certified Problem Solver

Eliq is a verifiable, established Series B scale-up in the energy sector with significant B2B traction (15+ utilities, millions of end-users). The project demonstrates high real-world utility and market relevance given the energy transition. However, the submission itself contained low-quality, exaggerated responses (e.g., 'most people have used my product', 'all time marketcap: null') which negatively impacted the Response Quality and Traction confidence scores. Despite the poor form entry, the underlying business fundamentals warrant a high score.

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Score Breakdown

Real World Utility+138.0
Audience Reach Impact+85.0
Technical Innovation+61.5
Evidence Of Traction+101.7
Market Timing Relevance+57.0
Functional Completeness+5.2
Subtotal+448.4
Usefulness Multiplierx0.95
Final Score+426

Project Details

Project URL
Description
Eliq is a Swedish tech company providing energy suppliers with software that enables their end-customers to better manage their energy consumption and access new energy services.\n\nCurrently, we serve 15+ utilities with our SaaS platform, white-label mobile apps and self-service portals, enabling millions of consumers to understand and manage their energy usage.\n\nWe’ve embarked on a growth journey, doubled in size in 2019 and are planning to do it again over the coming 12 months as we’re signing up enterprise customers across the UK, Scandinavia, France and Spain.\n\nThis is an opportunity to be part of the next big thing in energy, an adventure with the team and contributing to a low-carbon, smart energy future.

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