Proof of Usefulness Report

Rey

Analysis completed on 1/29/2026

+400
Proof of Usefulness Score
Certified Problem Solver

Rey is a legitimate, venture-backed Indonesian insurtech company (Series A, ~$8.7M funding) with verifiable traction (~50k members, 100+ corporate clients). The project utilizes AI ('Olvo') for health claims and underwriting, demonstrating strong real-world utility and market timing in the Southeast Asian health-tech sector. However, the submission itself was of extremely low quality, containing hyperbolic claims ('most people have used my product') and lacking specific metrics. The score reflects the high potential of the actual business, heavily penalized for the unreliability of the submitted data.

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Score Breakdown

Real World Utility+200.0
Audience Reach Impact+40.0
Technical Innovation+97.5
Evidence Of Traction+80.0
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+500
Usefulness Multiplierx0.8
Final Score+400

Project Details

Project URL
Description
Rey.id is the first full-stack and end-to-end health services in Indonesia

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