Proof of Usefulness Report

Smartkarma

Analysis completed on 1/30/2026

+564
Proof of Usefulness Score
Industry Mainstay

Smartkarma is a legitimate, high-traction Series B investment intelligence platform with over $20M in funding and estimated annual revenue of ~$7-11M. It serves a high-value institutional audience (65k+ users, $14T client AUM) and addresses significant regulatory gaps (MiFID II). However, the submission itself was of extremely poor quality, containing false claims ('everyone', 'most people have used my product') and generic data. While the project's real-world metrics justify a high score (comparable to or exceeding the calibration baseline), the final score is heavily penalized by the low quality and inaccuracy of the submission data.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+8.00
Technical Innovation+11.25
Evidence Of Traction+10.63
Market Timing Relevance+8.00
Functional Completeness+0.25
Subtotal+593.75
Usefulness Multiplierx0.95
Final Score+564

Project Details

Project URL
smartkarma.com
Description
Smartkarma is an online investment research network that brings together independent Insight Providers, institutional investors, and corporate investor relations professionals and management. Smartkarma reinvents Equity and Credit Research by providing differentiated, independent analysis on companies, markets, and industries across the world. This includes areas under-reported by mainstream market coverage, including Event-Driven, IPOs \u0026 placements, and small/mid-cap equities. Smartkarma’s online platform enables corporate and buy-side clients to streamline their communication and data reporting, and allows them to set their own real-time alerts, customise their reading lists, directly contact Insight Providers, and remain MiFID II-compliant as unbundling regulations change the investment research industry. For more information, visit www.smartkarma.com.

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