Proof of Usefulness Report

Qomodo

Analysis completed on 2/20/2026

+268
Proof of Usefulness Score
Gaining Momentum

Periphery (formerly Qomodo) is a promising seed-stage cybersecurity startup with strong backing (Techstars, $1.6M funding) and a relevant value proposition (embedded IoT threat detection). However, the submission itself was of very poor quality, containing factually incorrect claims ('most people have used my product') and nonsensical metrics ('marketcap: 500000'). While the underlying technology and market timing (EU Cyber Resilience Act) are excellent, the score is heavily penalized by the unreliable input data.

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Score Breakdown

Real World Utility+85
Audience Reach Impact+40
Technical Innovation+75
Evidence Of Traction+50
Market Timing Relevance+85
Functional Completeness+10
Subtotal+295
Usefulness Multiplierx0.91
Final Score+268

Project Details

Description
Security threats are escalating, and the need for robust, compliant solutions in IoT has become critical. Periphery is an easy to embed military-grade threat management system for IoT manufacturers that constantly monitors, understands, and adapts to new threats, future-proofing your devices.

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