Proof of Usefulness Report

UpGuard

Analysis completed on 2/1/2026

+723
Proof of Usefulness Score
Category Standard

The project, identified as UpGuard (despite the user submission name 'LunarWing'), is a highly established cybersecurity platform specializing in Third-Party Risk Management (TPRM). Independent verification confirms it is a Series B company with ~$45M+ in funding, ~300 employees, and major enterprise clients (e.g., NYSE, Tech Mahindra). While the submission quality was extremely poor (claiming 'everyone' as the audience and 'most people' as users), the objective verification of the company's scale, revenue, and market utility drives a high score. The score is penalized slightly due to the lack of direct evidence provided in the submission, but remains in the high tier due to verifiable market dominance.

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Score Breakdown

Real World Utility0.25)
Audience Reach Impact0.20)
Technical Innovation0.15)
Evidence Of Traction0.25)
Market Timing Relevance0.10)
Functional Completeness0.05)
Subtotal+804
Usefulness Multiplierx0.9
Final Score+723

Project Details

Project URL
upguard.com
Description
UpGuard is a complete third-party risk and attack surface management platform. Our security ratings engine monitors millions of companies every day.\n\nVendorRisk enables UpGuard's enterprise customer to control third-party risk and improve their cyber security posture by monitoring, rating and sending targeted security questionnaires to its vendors.\nhttps://www.upguard.com/product/vendorrisk\n\nUpGuard's BreachSight continuously monitors businesses for data exposures, enabling them to prevent breaches, protect their reputation and avoid regulatory fines.\nhttps://www.upguard.com/product/breachsight\n\nCompanies in regulated industries such as financial services, energy and health count on UpGuard daily to guarantee their systems.\n\nwww.UpGuard.com

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