Proof of Usefulness Report

iLife Technologies

Analysis completed on 1/23/2026

+527

Proof of Usefulness Score

Industry Mainstay

iLife Technologies is a legitimate, high-growth insurtech company backed by top-tier VCs (Series A, ~$21M total funding). The platform offers a 'Shopify-like' OS for insurance agencies, addressing significant industry pain points. However, the project submission itself was of extremely poor quality, containing hyperbolic and false claims (e.g., 'most people have used my product', 'everyone'). While the actual company traction and utility are high (verified via external search), the score is heavily penalized due to the lack of verifiable data provided in the input and the unprofessional nature of the response.

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Score Breakdown

Real World Utility+212.5

Audience Reach Impact+40.0

Technical Innovation+112.5

Evidence Of Traction+100.0

Market Timing Relevance+85.0

Functional Completeness+2.5

Subtotal+552.5

Usefulness Multiplierx0.95

Final Score+527

Project Details

Project URL

ilife.tech

Description

iLife Technologies is a high growth insurtech startup backed by top VC’s. We democratize the access to tens of millions of quality product data, transparently to all brokers and consumers in the life insurance world, via a B2B2C SaaS model.\n\nOur mission is to make the complex world of life insurance an easier and better place for everyone, from next-gen Amazon-like experiences for consumers, to creating the Future of Work for insurance businesses. We innovate to redefine roles and value propositions of insurance for the betterment of our society.\n\niLife’s investors have backed iconic technology companies such as Uber, Netflix, Zoom, Slack, and Ring. Some of our customers liken us to Shopify for financial services. Our aim is to be the next disrupter that moves and defines an entire industry.\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