Proof of Usefulness Report

Sparc

Analysis completed on 2/2/2026

+224
Proof of Usefulness Score
Gaining Momentum

The project 'Sparc' is a verified startup from the Techstars NYC Spring 2024 cohort, actively operating a talent marketplace for student clubs with confirmed early traction (~5,000 users, ~$150k annualized revenue). However, the submission itself contained significant inaccuracies (e.g., claiming 'Biopharmaceutical' business type, 'everyone' audience reach, and a hallucinated $510M market cap), which negatively impacted the Response Quality and Audience Reach scores. Despite the poor submission quality, the underlying project demonstrates real-world utility and institutional backing.

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Score Breakdown

Real World Utility+17.5
Audience Reach Impact+1.0
Technical Innovation+7.5
Evidence Of Traction+11.25
Market Timing Relevance+6.0
Functional Completeness+0.25
Subtotal+43.5
Usefulness Multiplierx0.86
Final Score+224

Project Details

Description
Sparc (Techstars NYC 2024) is a professional networking platform with AI integration where employers connect directly with college student clubs and professional organizations, streamlining the early-career recruitment process and creating more opportunities. Sparc streamlines talent recruitment for top and diverse student prospects by connecting employers directly with 1,000+ college student groups organized by interest, background, and university affiliation. This provides employers with a tailored sourcing platform and seamless communication experience to recruit their ideal candidates and partner with college student clubs to drive: - Exclusive recruiting events - Innovative, work-based group projects - Access to coveted job opportunities Sparc’s mission is to build intentional relationships by activating connections among professionals, groups, and employers worldwide.

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