Proof of Usefulness Report

Thrivo Technologies

Analysis completed on 1/23/2026

+31
Proof of Usefulness Score
You're In Business

The project appears to be a failed or dormant venture. External data (PitchBook) indicates Thrivo Technologies is 'Out of Business' as of September 2025, having raised only $25k in 2019. The submission contains significant red flags, including the demonstrably false traction claim that 'most people have used my product' and a confusing financial metric ('marketcap: 500000', likely $500k, which is extremely low for a robotics firm). While the problem of salon waste is valid, the discrepancies in team size (claimed 30 vs. verified 4) and the lack of verifiable operations result in a critical lack of Proof of Usefulness.

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Score Breakdown

Real World Utility+21
Audience Reach Impact+1.5
Technical Innovation+7.5
Evidence Of Traction+0.625
Market Timing Relevance+4
Functional Completeness+0.25
Subtotal+34.875
Usefulness Multiplierx0.89
Final Score+31

Project Details

Description
Thrivo Technologies is transforming the traditional $200B hair & salon industry with robotics, artificial intelligence, Internet of Things (IOT) and sustainable practices. Thrivo’s automated technology platform has challenged the status quo of the hair industry, resulting in the replacement of single-use plastics, minimizing color dye waste, and reducing manual labor. These tech advancements have enabled the omnichannel salon business model and pioneered the concept of Color as a Service (CAAS) — increasing profits for both salons and color brands while meeting the evolving needs of the modern consumer.

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