Proof of Usefulness Report

Perch

Analysis completed on 1/27/2026

+38
Proof of Usefulness Score
You're In Business

The submission appears to reference 'Perch' (likely the Canadian mortgage fintech), a legitimate Series A startup. However, the input data is riddled with verifiable falsehoods and exaggerations, such as claiming a $1 billion market cap, 'leadership' as a technology, and that 'most people' have used the product. While the underlying business has real-world utility in the mortgage sector, the severe lack of credibility in the submission, combined with verifiable discrepancies in team size and traction, heavily penalizes the final score.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+15.0
Audience Reach Impact+3.0
Technical Innovation+3.0
Evidence Of Traction+5.0
Market Timing Relevance+8.0
Functional Completeness+0.25
Subtotal+34.25
Usefulness Multiplierx1.10
Final Score+38

Project Details

Project URL
Description
Perch is a technology company that specializes in providing innovative solutions for home management and automation. Through its platform, accessible via myperch.io, Perch offers a range of services designed to enhance the convenience and efficiency of managing household tasks. The company focuses on integrating smart home devices, offering users a seamless experience in controlling and monitoring their home environment. With a commitment to user-friendly design and cutting-edge technology, Perch aims to simplify the complexities of modern home management, making it accessible and efficient for homeowners.

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