Proof of Usefulness Report

ThingCo

Analysis completed on 2/19/2026

+165
Proof of Usefulness Score
Gaining Momentum

The project 'ThingCo' (submitted as 'ThunderForge') appears to be a legitimate insurtech telematics entity founded by Mike Brockman, utilizing AWS IoT and AI voice technology. However, the submission quality is critically low, containing demonstrable falsehoods (e.g., claiming 'most people have used my product') and vague audience definitions ('everyone'). While the underlying business has verifiable scale (approx. 125 employees) and utility in road safety, the evaluation is heavily penalized for the unprofessional submission and unverifiable traction claims within the input data. The score reflects a 'Small but promising' entity dragged down by poor data quality.

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Score Breakdown

Real World Utility+75.0
Audience Reach Impact+12.0
Technical Innovation+42.0
Evidence Of Traction+20.0
Market Timing Relevance+24.0
Functional Completeness+1.0
Subtotal+174
Usefulness Multiplierx0.95
Final Score+165

Project Details

Project URL
thingco.com
Description
Founded by Mike Brockman, ThingCo is focused on developing Next Generation Telematics using the latest technology. ThingCo has developed a suite of revolutionary b2b and b2c products and services to address the weaknesses in the current market using a deep understanding of insurance and telematics. ThingCo has built a state-of-the-art, fully encrypted, telematics platform using the latest Amazon Web Services IoT serverless technology. ThingCo devices take telematics to the next level by deploying AI driven voice in-car real-time. Empowering you with the technology, whilst assisting with the value creation, ThingCo services can be fully tailored to you.

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