Round 1 Winners!
Proof of Usefulness Report

SpeedNetworking.com

Analysis completed on 3/18/2026

+351.5
Proof of Usefulness Score
Certified Problem Solver

SpeedNetworking.com offers a robust solution for event networking, addressing a genuine market need with its matching algorithms. However, the submission contains vague audience definitions ('everyone') and heavily exaggerated traction claims ('most people have used my product'). As a long-standing business (since 2010) with a 30-person team and a reported $2.5M all-time market cap, it demonstrates comparable scale to mid-tier tech platforms, but the lack of precise, verifiable data in the submission reduces its quality score multipliers.

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Score Breakdown

Real World Utility+162.5
Audience Reach Impact+30.0
Technical Innovation+75.0
Evidence Of Traction+37.5
Market Timing Relevance+60.0
Functional Completeness+5.0
Subtotal+370
Usefulness Multiplierx0.95
Final Score+352

Project Details

Description
Speed Networking Solutions offers an in-person, virtual and hybrid SaaS platform with proven algorithms to help business professionals around the world expand their network with targeted, impactful connections through a series of one-on-one meetings within or as a standalone event. Speed Networking takes the traditional values of face-to-face networking and combines it with our smart-matching machine learning software and customized video chat and screen share that enables participants to pre-select the types of people they are interested in meeting, which is based on customized matching parameters put together by our clients. Each participant receives a customized schedule of meetings based on their interests. We take the guess-work out of networking events and determine the best possible connections for each person to make. The average 90-minute networking event with 100 participants will generate about 300 new connections but a Speed Networking event would produce 1,000+ new connections in the same time period, which is 333% more meetings! The organized structure of SpeedNetworking.com combined with the matching software ensures you maximize the quantity of new connections, as well as the quality of new connections. Our reporting and analytics provide our clients the information to ensure the best connections are initiated. Furthermore, our platform provides for excellent opportunities to intelligently incorporate sponsors to help them maximize their return on their investment of sponsorship. Check us out today for your next conference, meeting, trade show, alumni event, networking event or any other reason to bring a community together!

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