Proof of Usefulness Report

H&D Wireless AB

Analysis completed on 2/10/2026

+43
Proof of Usefulness Score
You're In Business

The submission represents H&D Wireless AB, a legitimate Swedish IoT company founded in 2009. However, the submission quality is extremely low, containing vague claims (e.g., 'most people have used my product') and mismatches (Project Name 'DeepShade' vs. 'H&D Wireless'). While the company has historical traction (1.1M units shipped), the reported market cap (~17M, likely SEK) suggests severe financial distress for a company of this age and team size. The discrepancy between the claimed team size (125) and the valuation constitutes a major red flag.

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Score Breakdown

Real World Utility+12.0
Audience Reach Impact+8.0
Technical Innovation+6.0
Evidence Of Traction+8.0
Market Timing Relevance+3.2
Functional Completeness+0.25
Subtotal+37.45
Usefulness Multiplierx1.15
Final Score+43

Project Details

Project URL
hd-wireless.com
Description
About H&D Wireless: H&D Wireless is a Swedish Internet of Things cloud and platform system provider. Its Griffin© IoT cloud platform is an end-to-end system solution containing world-class wireless modules, sensors, cloud services with analytics and artificial intelligence and smartphone applications for smart homes and enterprises. H&D Wireless was founded in 2009 and is among Sweden’s fastest growing and most decorated IoT companies, with more than 1,100,000 wireless products shipped to date for IoT, M2M solutions across the globe. Read more on our new web site (beta) http://www.hd-wireless.com jobs@hd-wireless.se

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