Proof of Usefulness Report

Foundingbird

Analysis completed on 2/3/2026

+234
Proof of Usefulness Score
Gaining Momentum

Foundingbird is a legitimate digital company secretarial firm in Malaysia with verifiable traction (~1,600+ clients, ~$1M ARR), solving a genuine regional problem (bureaucracy). However, the submission quality is extremely poor, containing false claims ('most people have used my product'), irrelevant tags ('climatetech'), and missing data. While the real-world business falls into the 'Small but promising' category (B2B revenue compensates for low user count), the score is penalized heavily for the lack of accurate data provided in the input.

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Score Breakdown

Real World Utility+125.0
Audience Reach Impact+15.0
Technical Innovation+60.0
Evidence Of Traction+25.0
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+287.5
Usefulness Multiplierx0.81
Final Score+234

Project Details

Description
Foundingbird has set out to simplify the processes of starting, running & governing a business in Malaysia by digitalising decades-old procedures and automating mundane tasks as a digital company secretarial firm, so that entrepreneurs can set up their own Sdn Bhd wherever they are, anytime they want. Getting started with a business is a leap of faith that requires a lot of focus and resources to ensure its growth and sustainability. While it is mandatory to maintain compliance with the laws and regulations for starting and running a company, it should be a stepping stone for the business instead of a hindrance that involves endless paperwork and long waiting times. These are the perks that you get through Foundingbird: ️ Online company registration - From submitting the incorporation form, making payment, to verifying identity of directors and shareholders, entrepreneurs can register their company fully online within 3 working days, subject to the approval from the SSM. ️ Company secretarial services - All basic company secretarial services are provided without additional charges to ensure the compliance of the company at all times. ️ Business administration dashboard - Directors of the company can access the company statutory documents through the Foundingbird app for safekeeping and easy retrieval. ️ Exclusive business deals for B2B services - Entrepreneurs can enjoy discounts for essential business services such as dispatch services, hiring platforms, POS system, etc. The business deals are redeemable through the Foundingbird app and they are exclusive for Foundingbird clients. ️ Push notifications and reminders - Status of company registration and reminders on important statutory deadlines will be provided through push notifications on the Foundingbird app. Foundingbird Sdn Bhd - 201901035214

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