Squelch was a legitimate B2B Customer Experience (CX) platform that raised ~$20M in venture capital (Shasta Ventures, Correlation Ventures) and was acquired in 2020 by Optix Capital (likely an asset sale/restructuring managed by a partner), reportedly for ~$17M. However, PitchBook lists the company as 'Out of Business' as of 2021. The submission contains highly hyperbolic and inaccurate claims regarding audience reach ('everyone') and traction ('most people have used my product'), which severely impacts the score. While the project had significant historical financial backing and utility, its current status (defunct) and the poor quality of the submission result in a low Proof of Usefulness score.
Ready to Compete for $150k+ in Prizes?
Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes
Score Breakdown
Project Details
Algorithm Insights
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