Proof of Usefulness Report

SimSpace

Analysis completed on 2/16/2026

+657
Proof of Usefulness Score
Category Standard

SimSpace is a mature, high-value cybersecurity platform (Series B/C) with verifiable revenue (~$50M ARR) and significant traction in the government (US Cyber Command) and financial sectors (Top 5 US Banks). While the project itself is of 'Exceptional' utility and traction—positioning it in the 400–700+ calibration range—the submission quality was extremely poor, containing inaccurate claims ('everyone' as audience) and false data ('most people have used my product'). The score reflects the company's actual high-impact reality, verified via external intelligence, heavily weighted against the low-effort submission.

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Score Breakdown

Real World Utility+190.0
Audience Reach Impact+128.0
Technical Innovation+108.0
Evidence Of Traction+180.0
Market Timing Relevance+76.0
Functional Completeness+2.5
Subtotal+684.5
Usefulness Multiplierx0.96
Final Score+657

Project Details

Project URL
Description
Founded in 2015 by experts from the U.S. Cyber Command and MIT’s Lincoln Laboratory, SimSpace combines the highest-fidelity, military-grade cyber ranges and training content with unique user and adversary emulation techniques. By providing team and individual training exercises, attack simulations, mission rehearsals, and product evaluations that leverage its cyber range, the SimSpace Cyber Force Platform delivers quantitative and actionable insights into how an organization can protect critical assets against cyber threats. SimSpace prepares individuals, teams and leaders for continued success against ever-evolving adversaries. No other organization has SimSpace’s depth of experience in creating high fidelity cyber ranges with unique user and adversary emulation techniques. These techniques are designed to stress people, process and technology across individual and team-level training exercises, attack simulations, mission rehearsals, and product evaluations. SimSpace's mission is to provide an automated, cost-effective evaluation method for calculating cyber risks based on realistic comprehensive assessments of holistic capability to yield more secure networks globally.

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