Proof of Usefulness Report

ENVEIL

Analysis completed on 1/20/2026

+604
Proof of Usefulness Score
Category Standard

Enveil is a high-value, venture-backed (Series B, ~$46M funding) Privacy Enhancing Technology company founded by ex-NSA experts. While the submission itself was of very low quality (lazy text, false claims like 'everyone' and 'most people'), independent verification confirms the project's legitimacy, significant revenue (~$9M est.), and strategic importance (Homomorphic Encryption). The score reflects the company's strong real-world utility and traction, penalized slightly for the poor quality of the submission data.

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Score Breakdown

Real World Utility+236
Audience Reach Impact+105
Technical Innovation+149
Evidence Of Traction+157
Market Timing Relevance+63
Functional Completeness+1
Subtotal+711
Usefulness Multiplierx0.85
Final Score+604

Project Details

Project URL
enveil.com
Description
ENVEIL has solved a problem that everyone has been chasing for the last 20 years – our technology enables you to operate on data without every decrypting it.\n\nEveryone understands how to use encryption techniques to secure data at rest and data in transit, but not Data in Use. Data in Use includes operations and interactions with data like search and analytics. Currently, data must be decrypted prior to performing these operations, leaving it exposed and vulnerable. Even if the operations are encrypted in transit, they must be decrypted before execution – potentially revealing a substantial amount of interests and intentions. \n\nENVEIL’s solutions secure Data in Use -- enabling enterprises to interact with both encrypted and unencrypted data without revealing the content or results of the operation in the cloud, on-prem, and anywhere in between.

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