Proof of Usefulness Report

FMX

Analysis completed on 2/10/2026

+276
Proof of Usefulness Score
Gaining Momentum

FMX is a verified, established facilities management software company with significant traction (estimated $16M-$30M revenue, recent private equity investment). However, the project submission itself was of extremely low quality, containing hyperbolic claims ('everyone', 'most people have used my product') and confusing data ($17M 'marketcap'). While the underlying business utility and market position are strong, the score is heavily penalized by the lack of verifiable evidence provided in the submission and the vague technical details.

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Score Breakdown

Real World Utility+22.50
Audience Reach Impact+12.80
Technical Innovation+4.88
Evidence Of Traction+16.63
Market Timing Relevance+8.50
Functional Completeness+0.50
Subtotal+65.81
Usefulness Multiplierx1.05
Final Score+276

Project Details

Project URL
Description
FMX's easy-to-use facilities management software solution gives your team the power to manage your entire facility from a single interface. From maintenance management and facility scheduling to equipment maintenance and inventory management, FMX is your team's #1 solution to manage its operations. We serve various industries, but our main focus is K-12 districts, colleges and universities, and government-owned buildings and municipalities. We look forward to tailoring our software to fit the needs of your organization so that we can help you optimize your operations.

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