Proof of Usefulness Report

Hearsay Systems

Analysis completed on 1/23/2026

+899
Proof of Usefulness Score
Unicorn Utility

Project is a verified market leader in financial services compliance/CRM (Hearsay Systems), recently acquired by Yext for ~$125M with ~$60M in annual revenue and 260,000+ enterprise users. While the submission itself was of low quality (incorrect 'IronWing' name, lazy 'everyone' reach claim), the external validation confirms exceptional traction, utility, and market impact well beyond the 'Much Larger Scale' calibration baseline.

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Score Breakdown

Real World Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+1057.5
Usefulness Multiplierx0.85
Final Score+899

Project Details

Description
Founded in 2009, Hearsay Systems is reinventing the human-client experience in financial services. The Hearsay Client Engagement Platform empowers over 200,000 advisors and agents to authentically and intelligently grow business relationships by proactively guiding and capturing the last mile of digital communications. The world’s leading financial firms—including Allstate, New York Life, Morgan Stanley, and Charles Schwab—rely on Hearsay’s SaaS platform to scale their reach, optimize sales engagements, and deliver exceptional client service in a consistent and compliant manner. \n\nHeadquartered in San Francisco, Hearsay has a globally distributed team with members in San Francisco, Salt Lake City, Seattle, New York, Toronto, London, Budapest and Manila.

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