Proof of Usefulness Report

MedHelper

Analysis completed on 1/25/2026

+51
Proof of Usefulness Score
You're In Business

MedHelper Inc. was a legitimate Canadian health-tech company (founded 2019, app launched ~2013) that raised ~$1.4M. However, verifiable records indicate the company filed for bankruptcy in May 2025. The submission provided is highly deceptive, claiming 'most people have used my product' and confusing market cap with revenue. Due to the bankruptcy and misleading claims, the project scores very low on viability and traction.

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Score Breakdown

Real World Utility+25.0
Audience Reach Impact+0.0
Technical Innovation+24.0
Evidence Of Traction+0.0
Market Timing Relevance+5.0
Functional Completeness+2.5
Subtotal+56.5
Usefulness Multiplierx0.90
Final Score+51

Project Details

Project URL
Description
MedHelper Inc., a digital health information technology company, was founded in 2019. The team brings deep expertise in healthcare technology, drawing from a wide spectrum of experiences across North America's healthcare sector, enriching the company with unparalleled insights and capabilities.

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