Proof of Usefulness Report

ZipBooks

Analysis completed on 2/2/2026

+605
Proof of Usefulness Score
Category Standard

ZipBooks is a legitimate, successful cloud accounting platform founded in 2015 and acquired by Divvy (now part of Bill.com) in 2019. While the submission itself contains low-quality data (e.g., claiming 'most people have used my product' and using the alias 'SilentForge'), external verification confirms significant real-world utility, millions of dollars in historical revenue, and a successful exit. The score reflects the high value and proven traction of the software, despite the poor quality of the submission form.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+90.0
Audience Reach Impact+56.0
Technical Innovation+75.0
Evidence Of Traction+66.5
Market Timing Relevance+85.0
Functional Completeness+5.0
Subtotal+377.5
Usefulness Multiplierx1.08
Final Score+605

Project Details

Project URL
zipbooks.com
Description
ZipBooks is a cloud-based accounting software company that provides small businesses with a suite of financial management tools. Through its platform, ZipBooks offers features such as invoicing, expense tracking, time tracking, and financial reporting, all designed to streamline the accounting process for entrepreneurs and small business owners. The company aims to simplify bookkeeping by offering an intuitive and user-friendly interface, enabling users to manage their finances more efficiently. Additionally, ZipBooks provides insights and analytics to help businesses make informed financial decisions. With a focus on affordability and ease of use, ZipBooks caters to a wide range of industries, helping businesses improve their financial health and operational efficiency.

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