Proof of Usefulness Report

Startmate

Analysis completed on 1/30/2026

+315
Proof of Usefulness Score
Certified Problem Solver

Startmate is a premier, high-utility accelerator in the ANZ region with verifiable portfolio value exceeding $2B. However, the submission itself is of extremely low quality, containing false claims ('everyone', 'most people') and lacking data. The score reflects the high real-world value of the entity, heavily penalized by the 'Lazy Founder' submission quality which reduced the evidence and reach scores.

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

View All Reports

Score Breakdown

Real World Utility+118.75
Audience Reach Impact+40.00
Technical Innovation+37.50
Evidence Of Traction+59.38
Market Timing Relevance+47.50
Functional Completeness+1.25
Subtotal+304.38
Usefulness Multiplierx1.03
Final Score+315

Project Details

Project URL
Description
Startmate is Australia’s best startup accelerator and fellowship program.\n\nWe help teams build enduring companies and avoid the activities and theatre that take away from that mission.\n\nAt Startmate, we help exceptional people build iconic companies. We are backed by the most powerful community of entrepreneurs and venture capitalists in Australia and New Zealand.

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