Proof of Usefulness Report

Edda

Analysis completed on 1/20/2026

+623

Proof of Usefulness Score

Category Standard

Edda (formerly Kushim) is a verified Series A fintech company ($9.3M funding) with ~48 employees and $170B+ assets under administration. While the submission data was poor and lacked detail (claiming 'everyone' as audience), external validation confirms it is a robust SaaS platform used by 140+ investment firms (e.g., FJ Labs, Bpifrance). It offers high real-world utility for the VC/PE sector, effectively solving dealflow and portfolio management fragmentation with a design-led approach.

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Score Breakdown

Real World Utility+20.0

Audience Reach Impact+12.0

Technical Innovation+10.5

Evidence Of Traction+18.75

Market Timing Relevance+7.5

Functional Completeness+0.5

Subtotal+692.5

Usefulness Multiplierx0.9

Final Score+623

Project Details

Project URL

edda.co

Description

Kushim Inc. is an American company developing a range of services (SaaS) for the Venture Capital and Private Equity industry. \n\nThe company's DNA - tech and design - and the multiple collaborations with famous venture capital firms, brought to market the most user-centric tools for managing investments. \n\nCurrently Kushim addresses the four pillars of the managerial process: \n1. Fundraising \n2. Investing - dealflow \n3. Managing and monitoring of the portfolio companies \n4. Exits

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