Proof of Usefulness Report

ProxSIMity Inc.

Analysis completed on 2/4/2026

+268
Proof of Usefulness Score
Gaining Momentum

ProxSIMity Inc. is a verified Canadian MedTech startup (est. 2020) offering AI-enabled wearable feedback systems and physical simulation kits for medical training. While the core technology addresses a genuine problem (lack of expert feedback in medical education), the submission contains significant exaggerations, such as claiming the audience is 'everyone' and that 'most people have used [the] product.' These claims are factually incorrect for a niche B2B/B2C medical device. The 'marketcap: 2500000' likely refers to a $2.5M valuation, not revenue. The project demonstrates real-world utility and technical innovation, but the score is penalized for unprofessional data quality and inflated traction claims.

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Score Breakdown

Real World Utility+48.0
Audience Reach Impact+7.5
Technical Innovation+65.0
Evidence Of Traction+18.0
Market Timing Relevance+75.0
Functional Completeness+20.0
Subtotal+29.25
Usefulness Multiplierx0.92
Final Score+268

Project Details

Project URL
Description
We have developed an independent simulation experience where you can receive high-quality feedback without the need for an expert presence! We use AI technology in our wearable devices to give you high-quality, independent feedback on how your training experience. We cover a range of simulation technologies from physical to augmented reality and to virtual environments. We use AI technology in our wearable devices to give you high-quality, independent feedback on how your training experience. MISSION: Our goal is to create and offer simulation experiences that help train high-quality future healthcare professionals - addressing the main limitation in simulation training: access to feedback. We offer various simulation experiences, including physical and hybrid models. All our simulation experiences can offer independent high-quality feedback. (without the need of an expert!) VISION: We aim to make simulation training available to everyone, everywhere, at any time. Using AI, we provide real-time feedback to learners worldwide. Our technology will help close the gap in access to medical education training. Shop our products at proxsimity.net/shop 👇🏽 #Simulation #MachineLearning #Healthtech

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