Proof of Usefulness Report

Hevo Data

Analysis completed on 1/23/2026

+596
Proof of Usefulness Score
Industry Mainstay

Hevo Data is a verifiable, high-growth Series B SaaS company with significant market traction ($43M+ funding, ~2,000 customers, est. $10M-$40M ARR). However, the specific submission provided is of extremely low quality, containing placeholder text (e.g., 'construction' for technology) and vague claims ('everyone', 'most people'). The evaluation validates the project's high Real-World Utility and Traction via external sources but applies significant penalties to the Quality Factors for the submission's lack of detail. The final score reflects a 'Much Larger Scale' entity (calibrated 400-700 range) adjusted downward for the poor response quality.

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Score Breakdown

Real World Utility+23.75
Audience Reach Impact+7.00
Technical Innovation+6.75
Evidence Of Traction+19.00
Market Timing Relevance+9.50
Functional Completeness+0.25
Subtotal+66.25
Usefulness Multiplierx0.90
Final Score+596

Project Details

Project URL
hevodata.com
Description
At Hevo, we are building the world’s most secure and scalable data platform as a service (PaaS).\n\nThere has been a fundamental change in the amount of data companies are generating these days. More and more users in an organization are looking at data now. Data is no more a second-class citizen and companies are seeing data as a competitive advantage rather than as a geek’s obsession. We see this change and we are here change the way companies analyze their data. \n\nWe believe that users should be able to talk to data rather than looking at a barrage of reports and dashboards. More importantly, users should be only looking at data that matters and not everything that is thrown at them.\n\nWe are looking for people who believe in challenging the status quo and are ready to be a part of this change. If you are the one who is looking to take a leap of faith and work on technologies of the future, then we are looking for you.\n

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