Proof of Usefulness Report

Hydr

Analysis completed on 2/3/2026

+308
Proof of Usefulness Score
Certified Problem Solver

Hydr is a verified UK fintech company (founded 2020) offering invoice financing with integration into Xero, Sage, and QuickBooks. The project has demonstrable real-world utility, solving critical cash flow issues for SMEs, and has raised approximately $2.1M in seed funding. However, the submission quality is critically poor, containing false claims ('most people have used my product', 'everyone') and lacking verifiable data. The score reflects the legitimacy of the underlying business and technology but is significantly penalized for the misleading and low-quality submission.

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Score Breakdown

Real World Utility150.0 (Weighted)
Audience Reach Impact20.0 (Weighted)
Technical Innovation60.0 (Weighted)
Evidence Of Traction25.0 (Weighted)
Market Timing Relevance85.0 (Weighted)
Functional Completeness2.5 (Weighted)
Subtotal+342.5
Usefulness Multiplierx0.9
Final Score+308

Project Details

Project URL
https://hydr.co.uk/
Description
We are all about improving your cash flow without requiring you to extend your borrowing. It's that simple. Through our digital platform and fees that are fixed and fair. Hydr will pay 100% of the value of your invoice within 24 hours, removing the stress of waiting for payment. No charges, no hidden extras. Hydr’s innovative cloud-based platform and seamless on boarding process integrates with Xero cloud accounting software, providing funding decisions in real time. Hydr will build strong, professional relationships with your customers from the start. Hydr is a proud signatory of the UK Government’s Prompt Payment code which sets standards for payment practices between organisations of any size and their suppliers.

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