Proof of Usefulness Report

Forecastr

Analysis completed on 1/22/2026

+458
Proof of Usefulness Score
Industry Mainstay

Forecastr is a verified Series A venture-backed startup with significant traction (~$12.2M funding, estimated ~$7.5M annual revenue) and a team of ~50-60 employees. However, the submission itself was of very low quality, containing factually incorrect claims ('everyone' audience, 'most people' have used it) which triggered penalties. Despite the poor submission, the project's verified real-world utility and financial health position it well above the calibration benchmark, though the score is dampened by the lack of direct evidence provided in the input.

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Score Breakdown

Real World Utility200.0 (Weighted)
Audience Reach Impact30.0 (Weighted)
Technical Innovation75.0 (Weighted)
Evidence Of Traction120.0 (Weighted)
Market Timing Relevance70.0 (Weighted)
Functional Completeness2.5 (Weighted)
Subtotal+497.5
Usefulness Multiplierx0.92
Final Score+458

Project Details

Project URL
Description
Forecastr is a high-growth, venture-backed startup on a mission to help Founders build great financial models so they can impress their investors and make better decisions.\n\nWe’re a team of highly motivated, diverse, and talented individuals from a wide variety of backgrounds and geographies. Our four Founders: Steven Plappert, Logan Burchett, Jonathan Frazier, and Steven Ambs have deep experience running startup companies, building startup financial models, developing complicated web applications, and designing user flows and user interfaces that delight customers.\n\nOur product is an online financial model for startups, served as a standalone SaaS solution, and sold on an annual subscription basis with a 30-Day, ‘White-Glove’ onboarding where we get ‘into the dirt’ and help our customers get a great, ‘investor-grade’ financial model.\n\nWe’re looking for talented, creative, and motivated people to join our team and help us drive our product into the market and serve more customers. We value confidence, preparedness, and work-life balance. We’re a down-to-earth, merit-based culture, we work hard, we play hard.\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