Proof of Usefulness Report

Eventeny

Analysis completed on 1/21/2026

+557
Proof of Usefulness Score
Industry Mainstay

Eventeny is a well-established, venture-backed event management platform with estimated annual revenue of ~$7M and ~60 employees, significantly exceeding the calibration baseline. The platform solves a verified high-stress problem for event organizers. However, the submission itself provided vague and hyperbolic claims (e.g., 'most people have used my product', audience 'everyone'), which necessitated independent verification and resulted in lower Quality Factors for Reach and Traction. The high final score reflects the project's verified market success and utility, penalized slightly for the poor quality of the input data.

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Score Breakdown

Real World Utility25)
Audience Reach Impact20)
Technical Innovation15)
Evidence Of Traction25)
Market Timing Relevance10)
Functional Completeness5)
Subtotal+618.75
Usefulness Multiplierx0.90
Final Score+557

Project Details

Project URL
Description
Eventeny was founded on the belief that managing large-scale events with hundreds of exhibitors, vendors, sponsors, and volunteers should not be stressful and burdensome. Our mission is to remove event organizers from being the 5th most stressful job in the world. That's why we built Eventeny and continue to work everyday on the biggest problems in the event industry. We don't just dream it, we build it.

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