Proof of Usefulness Report

Instabase

Analysis completed on 1/23/2026

+826
Proof of Usefulness Score
Unicorn Utility

Instabase is a verified 'unicorn' status company (Series D, valued at ~$1.24B-$2B) solving critical unstructured data problems for major enterprises like Standard Chartered and AXA. While the submission itself was low-effort (vague claims like 'most people have used my product' and generic email), external verification confirms high traction, significant revenue (~$50M), and strong market positioning in the AI automation sector. The score reflects its status as a major established platform, despite the poor quality of the specific form entry.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+170.0
Technical Innovation+135.0
Evidence Of Traction+225.0
Market Timing Relevance+85.0
Functional Completeness+7.5
Subtotal+860
Usefulness Multiplierx0.96
Final Score+826

Project Details

Project URL
Description
Today, on your smartphone you have an app store where you can find a dozen apps to have food delivered to your door, but we don’t have an app store where a large enterprise, like a bank, can find an app for income verification, or where an insurance company can find an app for processing claims. Every such application is custom built. We should wonder — why?\n\nThe desktop computer is an important interface for business applications. Problem is, it wasn’t built to perform modern business operations. The problem lies in the operating system. Where Android and iOS were designed to allow applications to interact with one another, desktop computing simply wasn’t.\n\nThis means that operations such as deal analysis and loan processing, which toggle between human data and computer data, can’t be performed without the assistance of a human being. It’s not only inefficient for businesses but utterly uninspiring for workers.\n\nInstabase is on a mission to fix that: to rethink the way we use apps and the way those apps work together to improve business processes and empower innovators to solve problems on a larger scale.\n\nRead More: https://about.instabase.com/our-story/

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