Proof of Usefulness Report

PerformYard

Analysis completed on 1/27/2026

+741
Proof of Usefulness Score
Category Standard

PerformYard is a highly successful, venture-backed B2B SaaS company with significant verified traction, including $98M in total funding (Series A raised Jan 2024) and over 2,000 customers. Despite the submission's low quality—characterized by hyperbolic claims ('most people have used my product') and inaccurate audience descriptions ('everyone')—external verification confirms it is a market leader in the performance management space with ~120 employees and estimated annual revenue exceeding $17M. The score reflects the project's actual strong fundamentals rather than the poor submission text.

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Score Breakdown

Real World Utility+22.50
Audience Reach Impact+17.00
Technical Innovation+9.00
Evidence Of Traction+23.75
Market Timing Relevance+8.00
Functional Completeness+0.25
Subtotal+80.5
Usefulness Multiplierx0.92
Final Score+741

Project Details

Project URL
Description
PerformYard is powerful and simple performance management software. For annual reviews, quarterly goals, continuous feedback and everything in between, we reduce the burden on HR and create a simple positive experience for employees.

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