Proof of Usefulness Report

NeoDove Technologies

Analysis completed on 1/26/2026

+285
Proof of Usefulness Score
Gaining Momentum

NeoDove is a legitimate, verified B2B SaaS company (acquired by Vyapar in 2022) with confirmed traction (~$0.5M-$1M revenue, 79 employees, ~2,000+ clients). However, the project submission quality is extremely poor, containing hyperbolic claims ('everyone', 'most people have used my product') and confusing financial data ('182000000 marketcap' - likely INR, equating to ~$2.2M USD valuation). While the underlying business is solid and comparable to a seed/Series A stage startup, the score is heavily penalized by the lack of credible evidence provided in the submission itself.

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Score Breakdown

Real World Utility+130.0
Audience Reach Impact+30.0
Technical Innovation+30.0
Evidence Of Traction+75.0
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+327.5
Usefulness Multiplierx0.87
Final Score+285

Project Details

Project URL
neodove.com
Description
NeoDove is an AI-powered, end to end tech-enabled customer communication and reporting solution that allows you to actively engage with your customers. It was built to ease the pain areas faced by most growing organizations in their pre and post-sales processes and to get rid of the limitations imposed by the traditional system, be it tracking leads, following up, connecting with customers or team productivity, and efficiency. It has been built to meet all the sales needs of organizations and help them grow faster.\nWithin a short span of being in business, Neodove has managed to develop an impressive client portfolio spanning across various industries - RealEstate, Automotive, Edutech, Fintech, Healthcare, and many more. \nNeoDove is being led by some of the most analytical, intuitive, passionate, and empathetic minds in the business with a broad industry experience and networks who have all come together with a single purpose- to create a kickass product. \n

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