Proof of Usefulness Report

Scarlet

Analysis completed on 1/29/2026

+415
Proof of Usefulness Score
Certified Problem Solver

While the submission data was poor (inaccurate claims of 'everyone' reach), independent verification confirms Scarlet is a top-tier B2B MedTech startup. They have raised over $17M (Series A, Atomico) and are the first software-specialized Notified Body. The solution addresses a massive market pain point (regulatory compliance for AI medical devices). The score reflects the high real-world utility and verified traction, despite the low-effort submission.

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Score Breakdown

Real World Utility1.25)
Audience Reach Impact1.0)
Technical Innovation0.75)
Evidence Of Traction1.25)
Market Timing Relevance0.5)
Functional Completeness0.25)
Subtotal+427.55
Usefulness Multiplierx0.97
Final Score+415

Project Details

Description
Scarlet empowers companies building the next generation of medical software – the software that’ll bring accessible and affordable healthcare to everyone on the planet.\n\n\nThe current regulatory environment wasn’t designed for software, yet it’s software – and especially AI – building the future of health and medicine.\n\nScarlet creates a new framework for software companies and regulators alike: providing them with a way to build and surveil products in a continuous and scalable way.\n\nThis means better and safer products can be deployed increasingly efficiently. It means we’re one step closer to universally equitable healthcare.\n\nScarlet was founded in late 2020 by James Dewar and James Cox, our investors include EF and Kindred Capital.

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