Proof of Usefulness Report

Homie

Analysis completed on 2/10/2026

+138
Proof of Usefulness Score
Gaining Momentum

The submission represents Homie, a legitimate PropTech company founded in 2015. However, the input data is critically outdated and inaccurate. While the project historically achieved significant traction (thousands of transactions, >$30M funding), widely available public data indicates the company has recently faced severe downsizing (reducing from ~400 to <50 employees) and market challenges, contradicting the claimed team size of 350 and 'fastest growing' status. The submission quality is extremely low, featuring hyperbolic falsehoods (e.g., audience reach 'everyone', traction 'most people have used my product') and placeholder data. The project scores positively for its initial utility and historical validation but is heavily penalized for false current claims, market decline, and poor response quality.

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Score Breakdown

Real World Utility+60.0
Audience Reach Impact+15.0
Technical Innovation+15.0
Evidence Of Traction+30.0
Market Timing Relevance+20.0
Functional Completeness+5.0
Subtotal+145
Usefulness Multiplierx0.95
Final Score+138

Project Details

Project URL
Description
Homie is on a mission to make homeownership easier, more affordable, and accessible for all. By pairing experienced, local real estate professionals with modern technology, we’re changing the way homes are bought and sold. As the fastest growing tech-enabled real estate brokerage in North America, you can count on us to always have your back. Let’s help you get home.

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