Proof of Usefulness Report

Spalba

Analysis completed on 1/30/2026

+640

Proof of Usefulness Score

Category Standard

Spalba is a highly successful, bootstrapped SaaS platform for event planning with verified annual revenue exceeding ₹60 Cr (~$7.2M) and significant enterprise adoption (250+ marquee clients including Leela and Radisson). Despite the submission's poor quality and unsupported claims (e.g., 'most people have used my product'), external verification confirms it is a market-leading solution with strong utility, innovation (XR/VR integration), and financial traction. The score reflects the high value of the underlying business, penalized significantly in the 'Evidence of Traction' quality factor due to the submitter's failure to provide verifiable data.

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Score Breakdown

Real World Utility+212.5

Audience Reach Impact+160.0

Technical Innovation+120.0

Evidence Of Traction+112.5

Market Timing Relevance+85.0

Functional Completeness+5.0

Subtotal+695

Usefulness Multiplierx0.92

Final Score+639

Project Details

Project URL

spalba.com

Description

A SaaS platform providing full-stack solution for planning events, from inception to execution.\n\nWe make event planning simplified, data-driven and less intuitive for brands and enterprises. \n\nSpalba uses Artificial Intelligence (AI) and Extended\nReality (XR) technologies to build compelling use cases for its subscribers.

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