Proof of Usefulness Report

Everlaw

Analysis completed on 2/6/2026

+772
Proof of Usefulness Score
Unicorn Utility

Everlaw is a verified 'unicorn' status company (Series D, ~$2B valuation) with significant real-world utility in the legal ediscovery space. While the project itself is a market leader with estimated revenues exceeding $100M and strong adoption (91 of Am Law 200), the submission data was of extremely poor quality. The submission contained factual errors (claiming 'everyone' as the audience, stating a $75M market cap vs. the actual $2B valuation, and providing lazy traction claims). The score reflects the high value and established success of the business, adjusted down slightly for the lack of effort and accuracy in the submission itself.

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Score Breakdown

Real World Utility+23.75
Audience Reach Impact+17.00
Technical Innovation+12.75
Evidence Of Traction+24.50
Market Timing Relevance+9.00
Functional Completeness+0.25
Subtotal+87.25
Usefulness Multiplierx0.885
Final Score+772

Project Details

Project URL
Description
Everlaw keeps legal teams one step ahead of the growing demands of ediscovery by transforming how they discover the truth. Everlaw empowers organizations to better navigate litigation and investigations to chart a straighter path to the truth, with the industry’s most advanced ediscovery technology, an intuitive user experience, and trusted customer success capabilities. As a partner to litigators, corporate counsel, and government attorneys, Everlaw gives teams the speed, security, and ease of use they need to investigate issues thoroughly, uncover the truth quickly, and present their findings clearly. Today’s legal leaders are taking on the industry’s most pressing technological challenges and transforming their organizations with Everlaw.

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