Proof of Usefulness Report

Evisort

Analysis completed on 1/21/2026

+683
Proof of Usefulness Score
Category Standard

Evisort is a verified, highly successful Contract Lifecycle Management (CLM) platform powered by AI, which was acquired by Workday in September 2024 for an estimated $300M+. Despite the project's exceptional real-world utility, strong technical innovation (proprietary contract LLM), and massive traction (~$30M+ revenue, 300+ enterprise customers), the specific submission provided is of extremely low quality. It contains false claims (reach: 'everyone', traction: 'most people have used my product') and lacks data. The Proof of Usefulness score reflects the project's verifiable external success, significantly penalized in the 'Response Quality' and 'Audience Reach' metrics due to the poor submission.

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Score Breakdown

Real World Utility+22.5
Audience Reach Impact+6.0
Technical Innovation+12.75
Evidence Of Traction+23.75
Market Timing Relevance+9.0
Functional Completeness+0.25
Subtotal74.25 (Base Weighted Score)
Usefulness Multiplierx0.92
Final ScoreNaN

Project Details

Project URL
Description
Evisort is on a mission to change how companies interact with their legal documents. Founded out of Harvard Law and MIT, Evisort has been backed by leading early-stage venture funds. \n\nEvisort works by using advanced artificial intelligence models to help companies organize and understand the important business data contained in their legal documents. With Evisort, information locked away in documents becomes searchable, and key terms can be surfaced to the right people at the right time. Evisort can be used across all documents across an organization and helps companies reduce costs and improve their compliance and business operations. \n\nCheck out Forbes' coverage on our recent $4.5m seed round here:\nhttps://www.forbes.com/sites/ayurellahornmuller/2019/02/12/ai-powered-contract-management-platform-evisort-announces-4-5-million-seed-funding/#7ea763e40318

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