Proof of Usefulness Report

Perigee Industries

Analysis completed on 2/20/2026

+19
Proof of Usefulness Score
You're In Business

Perigee Industries Ltd appears to be a legitimate but early-stage UK company (incorporated Sep 2022) with minimal digital footprint. The submission claims 'most people have used my product' and 'everyone' as the audience, which is highly improbable for a 6-person startup with a stated £500k market cap and no indexed web presence. The lack of verifiable evidence, combined with hyperbolic claims and a sparse submission, results in a very low score. The project likely operates in B2B white-label IoT but failed to provide proof of traction or utility.

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Score Breakdown

Real World Utility+7.5
Audience Reach Impact+1.0
Technical Innovation+3.0
Evidence Of Traction+1.25
Market Timing Relevance+3.0
Functional Completeness+0.25
Subtotal+16
Usefulness Multiplierx1.18
Final Score+19

Project Details

Description
At Perigee Industries we increase your customers productivity, data accuracy and reliability through the application of smart, connected white labelled IOT technologies

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