Proof of Usefulness Report

SimpliCapital

Analysis completed on 1/30/2026

+52
Proof of Usefulness Score
You're In Business

SimpliCapital is a legitimate, funded B2B fintech startup (founded 2021) offering AI-driven cash management for SMBs. However, the project submission contains significant inaccuracies, falsely claiming the audience is 'everyone' and that 'most people' have used the product. External verification confirms a team of ~10-15 and backing from GSD Venture Studios, but actual market traction appears early-stage (likely <100 enterprise clients) rather than the mass adoption claimed. The score reflects a valid utility and technology significantly penalized for false traction claims and poor submission quality.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+3.00
Technical Innovation+9.75
Evidence Of Traction+5.00
Market Timing Relevance+7.50
Functional Completeness+0.25
Subtotal+46.75
Usefulness Multiplierx1.12
Final Score+52

Project Details

Project URL
Description
SimpliCapitalis in the Banking Tech Industry

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