Proof of Usefulness Report

Magnet Forensics

Analysis completed on 2/9/2026

+576
Proof of Usefulness Score
Industry Mainstay

Magnet Forensics is a verified, major industry leader in digital investigations with high real-world utility and massive scale (acquired for ~$1.8B CAD). However, the submission quality is extremely poor, containing lazy and inaccurate claims (e.g., audience 'everyone', traction 'most people', low-effort tech list). The score reflects the high verified value of the entity, significantly penalized by the low quality and lack of evidence in the specific submission.

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Score Breakdown

Real World Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+606.25
Usefulness Multiplierx0.95
Final Score+576

Project Details

Project URL
magnetforensics.com
Description
Founded in 2010, Magnet Forensics is a developer of digital investigation solutions that acquire, analyze, report on, and manage evidence from digital sources, including mobile devices, computers, IoT devices and cloud services. Magnet Forensics products are used by more than 4,000 public and private sector customers in over 100 countries and help investigators fight crime, protect assets, and guard national security. For more information, please visit https://www.magnetforensics.com

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