Parseable is a verified, venture-backed ($2.75M Seed from Peak XV) open-source log observability platform with ~2.3k GitHub stars. It offers high real-world utility by using a modern Rust/Parquet architecture to reduce logging costs. However, the project submission was extremely poor, containing patently false claims (reach: 'everyone', traction: 'most people') and lacking data. The final score acknowledges the project's legitimacy and market potential while strictly penalizing the inaccurate submission and confirming its early-stage status (users < 50k).
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Score Breakdown
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