Proof of Usefulness Report

Simple Formations.KE

Analysis completed on 2/16/2026

+60
Proof of Usefulness Score
You're In Business

Simple Formations.KE is a verified, functional LegalTech platform in Kenya founded by Malachi Adedeh, an industry expert with government advisory experience. The platform solves a genuine problem (business registration automation) and recent job postings (e.g., Technical Lead, Aug 2025) indicate active development. However, the submission quality is critically poor, containing demonstrably false traction claims ('most people have used my product'), vague audience definitions ('everyone'), and unclear financial metrics ('marketcap: 2500000'). While the underlying project has merit and utility, the PoU score is heavily penalized by the lack of verifiable data provided in the submission and the exaggeration of reach.

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Score Breakdown

Real World Utility+26.56
Audience Reach Impact+3.00
Technical Innovation+8.25
Evidence Of Traction+7.00
Market Timing Relevance+7.50
Functional Completeness+0.25
Subtotal+52.56
Usefulness Multiplierx1.14
Final Score+60

Project Details

Description
A Legal Entity Management platform for the registration and management of businesses in Kenya. We have designed a bespoke platform enabling users to collate their companies information, process various documents and push these for eSignatures.

Algorithm Insights

Market Position
Growing utility with room for optimization
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