Proof of Usefulness Report

Pibit.ai

Analysis completed on 1/27/2026

+552
Proof of Usefulness Score
Industry Mainstay

Pibit.ai is a verified Series A InsurTech company (backed by YC and Stellaris) with ~$7M in funding and significant B2B traction, despite the low-quality and inaccurate claims provided in this submission (e.g., 'most people have used my product'). The project demonstrates high real-world utility in the insurance underwriting niche with its 'Vertical AI' platform (CURE). However, the score is heavily penalized by the submission's false audience claims ('everyone') and lack of provided evidence, forcing reliance on external verification.

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Score Breakdown

Real World Utility+255.0
Audience Reach Impact+40.0
Technical Innovation+120.0
Evidence Of Traction+106.3
Market Timing Relevance+90.0
Functional Completeness+2.5
Subtotal+613.8
Usefulness Multiplierx0.9
Final Score+552

Project Details

Project URL
pibit.ai
Description
We have built APIs to turn unstructured documents into structured data. Our AI can digitise any paper documents and help companies in making fast and accurate decisions.\n\nLet us walk you through the features of our product -\n\n1. It works on any paper document including invoices, medical records, receipts, bank statements, ID cards etc.\n\n2. It works on scanned images with complexities like warping, perspective distortion, rotation etc. and performs more effectively than Google vision or AWS Textract.\n\n3. We provide a human-in-the-loop service for 100% automation via our managed workforce.

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