Proof of Usefulness Report

Elavity

Analysis completed on 2/13/2026

+19
Proof of Usefulness Score
You're In Business

The project 'Elavity' corresponds to a verifiable website for an Oxford-based biotech incubator and consultancy. However, the submission contains multiple critical red flags and demonstrably false claims that severely impact credibility. Specifically, the claim that 'most people have used my product' is objectively false for a niche B2B biotech firm. The audience is listed as 'everyone' rather than the specific medical/startup sector. While the business entity exists, external data (Tracxn) lists it as unfunded, contradicting the implication of being a major VC player. The reported financial metric ('all time marketcap: 2500000') is non-standard and verifiable evidence of traction is absent.

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Score Breakdown

Real World Utility+60
Real World Utility Quality Factor+0.7
Audience Reach Impact+5
Audience Reach Impact Quality Factor+0.5
Technical Innovation+10
Technical Innovation Quality Factor+1
Evidence Of Traction+5
Evidence Of Traction Quality Factor+0.5
Market Timing Relevance+40
Market Timing Relevance Quality Factor+0.8
Functional Completeness+10
Response Quality Quality Factor+0.5
Subtotal+16.57
Usefulness Multiplierx1.15
Final Score+19

Project Details

Project URL
Description
ELAVITY is an #oxford based incubator, venture building & investment firm focused on early stage (Seed & Series A) development of #therapeutic and #medtech startups. Our strategic focus is on academic spin outs and startups in UK, Europe, USA & Australia. We run two incubation programmes with modules on IP, Regulatory, Legal, Team Building and ending in Pitch Event. In each pitch event 10-15 leading lifescience venture capital company attends including major #therapeutic, #medtech VCs. If you are interested get in touch & apply for the next cohort.

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