Proof of Usefulness Report

AgFunder

Analysis completed on 1/5/2026

+616
Proof of Usefulness Score
Category Standard

AgFunder is a highly reputable and established investment platform and media brand in the AgriFoodTech sector (Fund I-IV, AgFunderNews). The project demonstrates exceptional Real-World Utility and Market Timing. However, the submission itself contains significant data inconsistencies (e.g., claiming 'most people have used my product' and 'all time marketcap: null') and outdated metrics ($35M raised figure is likely from ~2015). The score reflects the high intrinsic value of the business, penalized by the poor quality of the specific metadata provided in this application.

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+270
Audience Reach Impact+150
Technical Innovation+90
Evidence Of Traction+120
Market Timing Relevance+90
Functional Completeness+5
Subtotal+725
Usefulness Multiplierx0.85
Final Score+616

Project Details

Project URL
agfunder.com
Description
We are a 500 Startups company and the leading investment platform for the third largest market in the world: food and agriculture. AgFunder is pairing technology and domain expertise to create a gateway to this difficult to access asset class. \n\nTraction: AgFunder is the leading name in agtech investing (Google it). Since we launched in February 2014 our listed companies have raised nearly $35M. We have over 3,000 registered investors including VCs, family offices, PE, and SWFs within a larger community of over 20,000 members and subscribers. \n\nToward the Online BlackRock for Food \u0026 Ag: We make it easy to invest in food and agriculture; an underserved and hard to access market. Our long term vision is to expand beyond tech to make food and agriculture a cornerstone of every diversified portfolio and become the world’s largest online investment manager for the sector.\n\nPress: WSJ, Bloomberg, Forbes, TechCrunch, New York Times, FT, Fortune.\n\nYou can contact us at rob@agfunder.com
Audience Reach
everyone
Target Users
everyone
Technologies
Investing, Social Media, Payments
Traction Evidence
most people have used my product

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