Proof of Usefulness Report

iReel

Analysis completed on 2/3/2026

+78
Proof of Usefulness Score
You're In Business

iReel is a verified Australian B2B startup leveraging Generative AI for sports data visualization and narratives. While the submission provided low-quality, exaggerated data (e.g., 'most people have used my product', 'audience: everyone'), external verification confirms a legitimate launch, a key partnership with Iterpro (July 2025), and a relevant 'agentic AI' technological approach. The project is in the early seed/bootstrapped stage with a small team (2-10) and significant competitors (Sportradar). The score reflects high utility and good market timing, heavily penalized by the lack of verifiable user scale and the poor quality of the submission.

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Score Breakdown

Real World Utility+85
Real World Utility Quality+1
Audience Reach Impact+40
Audience Reach Impact Quality+0.8
Technical Innovation+75
Technical Innovation Quality+1.2
Evidence Of Traction+45
Evidence Of Traction Quality+0.8
Market Timing Relevance+90
Market Timing Relevance Quality+1
Functional Completeness+10
Response Quality Quality+0.5
Subtotal+59.4
Usefulness Multiplierx1.12
Final Score+67

Project Details

Project URL
https://www.ireel.ai/
Description
iReel is an Australian technology company at the forefront of revolutionising the sport and health industries through the power of generative AI and VR/AR. Our team of experts is dedicated to pushing the boundaries of what's possible, combining the limitless creativity of generative AI with the immersive experiences of VR/AR to transform the way athletes, coaches, and enthusiasts engage with sports and wellness. Our mission is to transcend the way we understand and interact with sports data, ushering in a new era of innovation and performance.

Algorithm Insights

Market Position
Growing utility with room for optimization
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