Proximity Space is a verified, established SaaS company (founded ~2015) providing management software and insurance ('Proximity Protect') for coworking spaces. While the project has legitimate real-world utility and a confirmed team of ~13-15 employees (Great Place to Work certified), the submission data is highly unreliable. The user claims 750 employees, a $75M market cap, and that 'most people' have used it—claims that are factually false and contradicted by public records. The score reflects the solid underlying business utility but is significantly penalized for the dishonest and low-quality submission.
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Score Breakdown
Project Details
Algorithm Insights
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