Proof of Usefulness Report

Genemod

Analysis completed on 1/22/2026

+527
Proof of Usefulness Score
Industry Mainstay

Genemod is a legitimate, venture-backed (Defy.vc, LDV Partners) laboratory management platform founded in 2018 with approximately $7.2M in verifiable funding and clients including Merck and AstraZeneca. The project addresses a critical 'reproducibility crisis' in life sciences with high-utility cloud-native software. However, the specific submission provided contains low-quality, erroneous data (claiming 'everyone' as audience and 'marketcap: null' revenue), necessitating significant Quality Factor penalties despite the strong underlying fundamentals of the actual business.

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+225.0
Audience Reach Impact+60.0
Technical Innovation+112.5
Evidence Of Traction+100.0
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+580
Usefulness Multiplierx0.91
Final Score+528

Project Details

Project URL
Description
Genemod accelerates life sciences R\u0026D by improving collaboration for every team so that scientists can work on big ideas, without the busywork.\n\nUsing cutting-edge technology, Genemod accelerates the R\u0026D process towards faster therapeutic breakthroughs. Unlike legacy R\u0026D software and other traditional methods, Genemod centralizes and streamlines the R\u0026D lifecycle, from data acquisition and project documentation to inventory management and reporting.\n\nSee why research teams from Merck, Bristol-Myers, AstraZeneca rely on our software platform to accelerate their R\u0026D. https://www.genemod.net

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