Proof of Usefulness Report

Translucent

Analysis completed on 1/31/2026

+63
Proof of Usefulness Score
You're In Business

Translucent is a verified B2B accounting platform for multi-entity consolidation, founded by Michael Wood (co-founder of Dext). The project has successfully raised ~£7.7M ($9.7M) in funding and holds a valuation of ~£22.5M, matching the input data. However, the submission itself contains significant inaccuracies (claiming 'everyone' as the audience and 'most people' as users), which heavily penalizes the reach and response quality scores. While the real-world utility and investor traction are high for a seed-stage company, the project is still in early adoption (<50K users), placing it in the 0-100 calibration range.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+5.0
Technical Innovation+10.5
Evidence Of Traction+15.0
Market Timing Relevance+8.0
Functional Completeness+0.5
Subtotal+60.25
Usefulness Multiplierx1.05
Final Score+63

Project Details

Project URL
Description
It's a next gen-accounting app. We're still on stealth mode about details, but we're happy to let you know more once we engage in a conversation with 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