Proof of Usefulness Report

IProov

Analysis completed on 2/9/2026

+629
Proof of Usefulness Score
Category Standard

The submission describes iProov, a verified leader in biometric verification with major government contracts (DHS, UK Home Office, NHS) and ~$34M in annual revenue. However, the input data contains significant discrepancies: the project name 'IronKeeper' appears to be an error, team size is exaggerated (750 claimed vs ~200 real), and traction claims are hyperbolic ('most people', 'everyone'). Despite the low-quality submission effort, the underlying business has exceptional utility, innovation, and verified market presence, justifying a high score within the 'Much Larger Scale' calibration tier.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+237.5
Audience Reach Impact+85.0
Technical Innovation+138.0
Evidence Of Traction+112.5
Market Timing Relevance+95.0
Functional Completeness+16.0
Subtotal+684
Usefulness Multiplierx0.92
Final Score+629

Project Details

Project URL
Description
iProov is the world leader in biometric face verification. We enable banks, government agencies and other organizations to verify that an online individual is who they claim to be. This helps prevent identity theft and other cybercrime, while also making online services easier to access. Organizations using our unique, patented technology include the US Department of Homeland Security, the UK Home Office, the NHS, Eurostar, the Australian government, the Singapore government, ING, and many more. In 2022 we were named as the 57th fastest growing company in Europe, in the FT 1000. We have also been recognized as a Gartner Cool Vendor. If you’d like to make the online world a safer place, come and join us. We aim to foster a culture where individuals of diverse backgrounds feel confident in bringing their whole selves to work, feel included, and their talents are nurtured, empowering them to contribute fully to our purpose. Find out about our available roles in Science, Technology, HR, Ops, Product and Marketing: www.iproov.com/about-us/careers

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