Proof of Usefulness Report

Existo

Analysis completed on 2/14/2026

+42
Proof of Usefulness Score
You're In Business

Existo is a verifiable Italian health-tech startup (founded 2019, ~€760k funding) developing 'Sixto', a wearable grasping device for upper-limb rehabilitation. However, the project submission contains severe inaccuracies: the project name is listed as 'ShadowBlade' (likely an error), the revenue/market cap field is confused, and the traction claims ('most people have used my product', 'everyone') are demonstrably false. While the underlying technology has real-world utility for a niche medical market, the submission's lack of credibility and hallucinated reach data result in a critically low score.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+1.0
Technical Innovation+9.75
Evidence Of Traction+2.5
Market Timing Relevance+5.0
Functional Completeness+0.5
Subtotal+37.5
Usefulness Multiplierx1.12
Final Score+42

Project Details

Project URL
existo.tech
Description
Existo is an Italian health-tech company that offers innovative solutions for the health and wellbeing of people with disabilities, combining light technologies and digital services to empower human capabilities. The company’s first product is Existo, an easy to wear and easy to learn connected wearable device that enables direct and bi-manual actions and encourage users to a lifestyle aligned with health, wellness and a fit quality of life. Existo develops its solutions with a strong customer driven attitude, and has the mission to become the reference brand for disabled people by cherishing diversity and challenging inclusion boundaries. We work in collaboration with e-Novia, the Enterprise Factory, Universities and research centers and with the clinical consultancy of main Italian physiatrists and healthcare facilities.

Algorithm Insights

Market Position
Growing utility with room for optimization
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