Proof of Usefulness Report

IDfy - Baldor Technologies

Analysis completed on 1/23/2026

+673
Proof of Usefulness Score
Category Standard

IDfy (Baldor Technologies) is a verified Series E scale-up with ~$22.5M USD annual revenue and ~700-900 employees, significantly outperforming the provided description which appears to be a copy-paste of an internal culture/HR page ('DeepSpirit'). While the submission data (e.g., 'space-technology', 'art', 'marketcap 105000000000') is highly inaccurate and low quality, external verification confirms the entity's critical role in the Indian Identity Verification market, processing 60M+ verifications monthly. The score reflects the high real-world value of the company, penalized by the poor quality of the submission inputs.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+216.0
Technical Innovation+52.5
Evidence Of Traction+237.5
Market Timing Relevance+95.0
Functional Completeness+2.5
Subtotal+828.5
Usefulness Multiplierx0.81
Final Score+673

Project Details

Project URL
Description
People at IDfy care about creating value. We take pride in the solid collaborative culture that we have built, and our love for solving challenging problems.\nLife at IDfy is not always what you’d expect at a tech start-up growing exponentially every quarter. There’s still time and space for balance.\nWe host regular talks, events, and performances around Life, Art, Sports, and Technology; continuously sparking creative neurons in our people to keep their intellectual juices flowing. There’s never a dull day at IDfy.\nThe office environment is casual and it goes beyond just the dress code. We have no conventional hierarchies and believe in an open-door policy where everyone is approachable. \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