Proof of Usefulness Report

RISK IDENT

Analysis completed on 1/29/2026

+678
Proof of Usefulness Score
Category Standard

RISK IDENT is a mature, high-impact fraud prevention company and a subsidiary of the Otto Group (verified). The project protects over €55 billion in annual transaction volume and employs 70+ people, placing it in the top tier of verifiable real-world utility and traction. However, the submission itself was low-effort (e.g., claiming 'everyone' as the audience and 'most people have used my product' as traction), which severely impacted the Response Quality score. Despite the poor submission quality, the underlying entity's scale, revenue (est. $10M-$25M), and market position justify a high score based on the evaluation methodology's emphasis on verifiable utility and traction.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+17.00
Technical Innovation+11.25
Evidence Of Traction+22.50
Market Timing Relevance+7.50
Functional Completeness+0.50
Subtotal+80
Usefulness Multiplierx0.85
Final Score+678

Project Details

Project URL
riskident.com
Description
RISK IDENT is a young software development company based in Hamburg, Germany. Founded in 2012, our team became one of the market leaders within fraud prevention in the German speaking market in a very short period of time. Today, RISK IDENT has a strong customer base, the majority of our customers coming from e-commerce, telecommunications and financial services. We secure more than 55 billion euros of annual turnover against fraud for our customers. We are an established start-up with an innovative SaaS business model. We have an excellent market position and are financially backed. Today, our team consists of more than 70 people at our HQ in Hamburg, with every single one of them loving what they do. We are always on the lookout for new challenges and for smart people to accompany us along the way!

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