Proof of Usefulness Report

Procore Technologies

Analysis completed on 2/17/2026

+539
Proof of Usefulness Score
Industry Mainstay

The submission represents Procore Technologies (specifically the Honest Buildings acquisition), a massive, publicly traded construction management platform with significant real-world utility. However, the submission quality is critically low, characterized by a lack of professional detail, hyperbolic claims (e.g., 'most people have used my product'), and inaccurate financial data ($17M market cap vs. actual ~$10B+). The score reflects the undeniable industry dominance of the underlying technology, heavily penalized for the unverifiable and low-effort nature of the application data.

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+237.5
Audience Reach Impact+85.0
Technical Innovation+45.0
Evidence Of Traction+112.5
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+567.5
Usefulness Multiplierx0.95
Final Score+539

Project Details

Project URL
Description
Honest Buildings, a Procore company, is the only project management platform built for owners and managers to ensure capital and construction projects are on time and on budget. Industry leaders like Brookfield, Beacon Capital Partners, Invesco, The JBG Companies, SL Green, Parkway Properties and Rudin Management use Honest Buildings to streamline project management processes, increase revenue through faster project delivery, reduce project costs and increase efficiencies on projects portfolio-wide. Commercial and multifamily owners rely on the platform to manage billions of dollars in total project value. Honest Buildings is more than a collaborative, cloud-based technology - it's a paperless system of record built specifically for, and in partnership with, today's most innovative real estate owners, project managers and operators. Using our product to automate new construction and building improvement processes, these companies are unlocking value in data that previously sat unrealized in endless, complicated spreadsheets. Built for real-time insights and designed for any user, Honest Buildings has emerged as the standard for managing existing and developing portfolios across the country, including office, retail, industrial, hospitality and multifamily.

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