Proof of Usefulness Report

SimilarWeb

Analysis completed on 1/30/2026

+708
Proof of Usefulness Score
Category Standard

SimilarWeb is a publicly traded, global digital intelligence platform with verified revenue and massive market reach (Market Cap ~$1.6B). While the project itself represents the highest tier of real-world utility and traction, the submission quality was exceptionally low (vague claims like 'everyone' and 'most people', minimal technical details). The score reflects the undeniable success and scale of the entity, penalized slightly for the lack of effort in the submission data.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+140.0
Technical Innovation+89.25
Evidence Of Traction+225.0
Market Timing Relevance+90.0
Functional Completeness+5.0
Subtotal+786.75
Usefulness Multiplierx0.9
Final Score+708

Project Details

Project URL
similarweb.com
Description
SimilarWeb is a leading digital intelligence company that provides comprehensive insights into web traffic and performance. Through its platform, SimilarWeb offers businesses and marketers detailed analytics on website and app performance, competitive analysis, and market trends. By leveraging vast amounts of data, the company helps organizations understand their digital market share, optimize their online presence, and make informed strategic decisions. With its headquarters in Tel Aviv, Israel, SimilarWeb serves a global clientele, empowering them to enhance their digital strategies and achieve growth in an increasingly competitive online landscape.

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