Proof of Usefulness Report

Open Raven

Analysis completed on 1/27/2026

+555
Proof of Usefulness Score
Industry Mainstay

Open Raven is a legitimate, high-value data security platform (DSPM) that was acquired by Formstack in June 2024, validating its technology and market relevance. However, the project submission itself was of very low quality, containing false claims (e.g., 'most people have used my product', audience is 'everyone') and lacking specific data. Consequently, while the project scores highly on Utility, Innovation, and Timing based on verifiable external facts, the Traction and Audience scores were heavily penalized due to the unsupported and inaccurate submission details.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+60
Technical Innovation+120
Evidence Of Traction+106.25
Market Timing Relevance+90
Functional Completeness+2.5
Subtotal+603.75
Usefulness Multiplierx0.92
Final Score+555

Project Details

Project URL
openraven.com
Description
Open Raven is the modern data security platform that brings visibility and control to an organization’s data protection program. From mapping data stores in clouds and corporate networks to identifying the data within, Open Raven lays the foundation for assessing and managing data risk. Deployed within minutes within an organization’s network, the platform is designed so that discovery, query and response capabilities can be readily extended to match the most complex and demanding environments.

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