Proof of Usefulness Report

GovInvest

Analysis completed on 1/22/2026

+515
Proof of Usefulness Score
Industry Mainstay

GovInvest is a well-established government technology firm (founded 2014) with significant verified traction, including over 1,000 public agency clients and $18.6M in funding. The platform addresses a critical real-world problem: managing unfunded pension liabilities and financial forecasting for local governments. While the project itself demonstrates high utility and market fit (Inc. 5000 rank #95 in Gov Services), the submission quality was extremely poor, containing inaccurate claims (e.g., reach: 'everyone') and lacking detail. The score reflects the high verifiable value of the business, adjusted for the discrepancy in submission integrity.

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+99.0
Audience Reach Impact+65.0
Technical Innovation+70.0
Evidence Of Traction+99.0
Market Timing Relevance+80.0
Functional Completeness+5.0
Subtotal+80.5
Usefulness Multiplierx0.96
Final Score+515

Project Details

Project URL
Description
Solving the largest financial challenges governments are facing, empowering better management of unfunded pension costs and current financial obligations.

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