Proof of Usefulness Report

Taxfix

Analysis completed on 1/31/2026

+701
Proof of Usefulness Score
Category Standard

Taxfix is a verified European fintech unicorn with significant real-world utility and massive market reach ($1B+ valuation, millions of users). However, the submission itself is low-quality, relying on copy-pasted marketing text and hyperbolic claims ('most people have used my product') rather than precise data. While the project's intrinsic value is high (unicorn status), the evaluation score is tempered by the laziness of the specific submission response.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+180.0
Technical Innovation+120.0
Evidence Of Traction+190.0
Market Timing Relevance+90.0
Functional Completeness+7.5
Subtotal+825
Usefulness Multiplierx0.85
Final Score+701

Project Details

Project URL
Description
Every year millions of people are either filing their taxes in fear or giving up on their tax refund altogether. We're working on fixing that. Our intuitive app enables anyone, regardless of education or background, to file their taxes with newfound confidence.\n\nSpread across Berlin and Madrid, Team Taxfix is a compassionate group of solution-finders. We speak our minds openly, and with 500+ professionals from over 45 different nationalities, we're rich in ideas and voices. In five years, we've raised $110 million in funding from some of the world’s top investors—Index Ventures, Valar Ventures, Creandum, and Redalpine.\n\nMost importantly, we’ve helped people reclaim more than one billion euros.\n\nInterested in becoming a Taxfixer? Join us!

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