Proof of Usefulness Report

Extend

Analysis completed on 1/21/2026

+720
Proof of Usefulness Score
Category Standard

Extend is a verifiable unicorn in the warranty-as-a-service sector with a $1.6B valuation (Series C). The project demonstrates immense real-world utility, solving complex legacy warranty issues with modern API-first infrastructure. While the submission itself was low-effort (containing hyperbolic claims like 'most people have used my product' and confusing market cap with revenue), the verifiable existence, scale, and traction of the entity drive the score into the highest tier. The score is calibrated to reflect its status as a major established tech brand, significantly outperforming the baseline.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+212.5
Audience Reach Impact+153
Technical Innovation+120
Evidence Of Traction+237.5
Market Timing Relevance+90
Functional Completeness+5
Subtotal+818
Usefulness Multiplierx0.88
Final Score+720

Project Details

Project URL
extend.com
Description
Extend allows any merchant to offer extended warranties and protection plans as a service, both online and offline, while also providing the merchant's end customers with a vastly improved and modern support experience that eliminates many of the issues customers face today with legacy underwriters.\n\nOur system is integrated into leading eCommerce solutions including Shopify, Magento, BigCommerce, and others so that you can be up and running quickly, with no technical requirements. We also provide custom integrations for larger merchants who have their own eCommerce platform. Our intelligent decision engine uses machine learning to optimize the warranty offer in real-time, thereby improving warranty and cart conversions and generating the most revenue for the merchant. For customers, Extend stores all the details of an individual's product purchase and warranty plan for them, while also assisting throughout the claim process to create a seamless experience from start to finish.\n

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