Proof of Usefulness Report

Mitratech

Analysis completed on 2/9/2026

+647
Proof of Usefulness Score
Category Standard

Mitratech is a verified, established global leader in enterprise legal and compliance software with estimated annual revenue exceeding $300M and a valuation over $1.5B (acquired by Ontario Teachers' Pension Plan), contradicting the submission's inaccurate '$75M market cap' claim. While the project has massive real-world traction (10,000+ verifiable corporate clients), the submission quality is extremely poor—citing 'everyone' as the audience and providing vague technical details. The high score reflects the verifiable robust reality of the business, significantly adjusted for the discrepancies in the provided data.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+136
Technical Innovation+45
Evidence Of Traction+190
Market Timing Relevance+80
Functional Completeness+5
Subtotal+681
Usefulness Multiplierx0.95
Final Score+647

Project Details

Project URL
mitratech.com
Description
Mitratech is a trusted, global technology partner empowering corporate legal, risk & compliance, and HR professionals to maximize productivity, control expense, and mitigate risk by deepening operational alignment, and increasing collaboration & visibility across their organization. With Mitratech’s proven portfolio of end-to-end solutions, organizations worldwide are able to proactively identify and implement best practices and standardize processes across all lines of business to manage risk and ensure business continuity. Mitratech partners with more than 10,000 companies worldwide, from small nimble teams needing tech-enablement, to the largest organizations in the world trying to centralize, streamline and collaborate across their legal and risk functions. Mitratech's user base spans more than 160 countries. Innovate now by visiting: www.mitratech.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