Proof of Usefulness Report

Smartcar

Analysis completed on 1/30/2026

+652
Proof of Usefulness Score
Category Standard

Smartcar is a highly established Series B mobility platform with significant backing (a16z, NEA) and major enterprise clients (Turo, Green Mountain Energy). While the project demonstrates exceptional real-world utility and market relevance in the EV/connected car space, the submission itself contained low-effort responses in key fields (e.g., claiming audience reach is 'everyone' and traction is 'most people'). The score reflects the company's verified high-scale success ($24M+ funding, verified market fit) adjusted downward slightly for the poor quality of the submission form data.

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Score Breakdown

Real World Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+716
Usefulness Multiplierx0.91
Final Score+652

Project Details

Project URL
smartcar.com
Description
Founded in 2015, Smartcar is the leading developer platform for mobility businesses. We’ve raised $24 million in Series B financing led by Energize Ventures with follow-on participation from Andreessen Horowitz (a16z) and New Enterprise Associates (NEA).\n\nFrom auto insurance to fleet management, businesses of all kinds use our APIs to verify vehicle mileage, issue digital car keys, manage EV charging, and track fleets. To name a few, the peer-to-peer car sharing marketplace Turo, the auto insurance provider Marshmallow, and the electric utility Green Mountain Energy use our platform to build and scale their mobility services.\n\nBy making it easy to connect to their customers’ vehicles, Smartcar allows these companies to focus on what’s important: building the future of mobility.

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