Proof of Usefulness Report

GrayQuest Finance

Analysis completed on 1/22/2026

+541
Proof of Usefulness Score
Industry Mainstay

GrayQuest is a verified Series B fintech company with significant traction, far exceeding the low-quality submission claims. While the applicant provided lazy inputs (e.g., 'most people have used my product', project name 'SwiftHeart' mismatch), external verification confirms robust operations: $19.5M+ in funding, ~250+ employees, and partnerships with 6,500+ educational institutions. The valuation (~$67M) aligns with the input '64000000'. The project scores highly on Traction and Utility, placing it in the 'Much Larger Scale' calibration tier (400-700), despite the penalty for poor response quality.

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Score Breakdown

Real World Utility+138.0
Audience Reach Impact+127.5
Technical Innovation+52.5
Evidence Of Traction+178.1
Market Timing Relevance+42.5
Functional Completeness+2.5
Subtotal+541.1
Usefulness Multiplierx1
Final Score+541

Project Details

Project URL
grayquest.com
Description
GrayQuest is an innovative fintech lending company that is working to create customized credit products for the $100B education industry in India. We enable parents and students to pay their education fees in super convenient monthly payments and provide them with privileges and benefits for doing so through our pioneering rewards program, GQ+. We are working with over 2500+ educational institutions in the country and are scaling our reach every day. \n\nWe are backed by leading institutional investors with strong pedigree from the financial ecosystem. Some of our investors include Foundation Holdings (Dubai Based PE Fund), Jeejeebhoy Family Office, Yogesh Mahansaria, Ashok Wadhwa (Ambit Capital) and Samir Bhatia (SMECorner) amongst others.

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