Proof of Usefulness Report

Rasmal

Analysis completed on 2/16/2026

+460
Proof of Usefulness Score
Industry Mainstay

Rasmal is a legitimate, venture-backed equity management platform based in Saudi Arabia, recently raising ~$4.8M in Seed/Pre-Series A funding. It solves a genuine administrative pain point for the MENA startup ecosystem (Cap Table management). However, the submission itself is of very poor quality, containing significant hyperbole (claiming 'everyone' as the audience and 'most people' as users) and inaccurate data (claiming 125 employees vs. ~36 verified). The high score reflects the project's verifiable real-world value and investment backing, heavily penalized by the lack of credible evidence in the submission.

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Score Breakdown

Real World Utility+80.0
Audience Reach Impact+20.0
Technical Innovation+60.0
Evidence Of Traction+75.0
Market Timing Relevance+85.0
Functional Completeness+5.0
Subtotal+325
Usefulness Multiplierx1.08
Final Score+460

Project Details

Project URL
rasmal.io
Description
“Equity Management and more, Simple and Clear” In the dynamic and volatile world of newly emerging startup companies, it takes more than a great idea to ensure high growth and higher results. With countless challenges to manage and track Cap Tables, secure funding, and maintain efficiency and organization, startup founders are left overwhelmed and unable to focus on what really matters, their company’s operational growth. This is where RasMal plays a vital part. RasMal offers founders powerful and comprehensive solutions to automate equity management, facilitate fundraising and simplify administration and governance saving them time and cost and securing their way toward growth. We partner with startup founders and investors to create a transparent, healthy, and sustainable entrepreneurial ecosystem both regionally and globally. Join us on our mission by signing up today!

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