Proof of Usefulness Report

FoolFarm Spa

Analysis completed on 2/10/2026

+389
Proof of Usefulness Score
Certified Problem Solver

FoolFarm Spa is a legitimate Italian Venture Builder and startup studio (est. 2020) with a verifiable track record, having raised over €8M and managing ~€15M in assets across 5+ deep-tech startups (e.g., Voiceme, IIO). The 'Foolers Club' is their angel investor network (~150 members). While the project is a functioning business with a valuation around €32M, the submission itself contained significant inaccuracies (claiming audience reach is 'everyone' and traction is 'most people'), which lowered the Quality Factors. The project demonstrates strong niche utility and market timing in the deep-tech sector, despite the low-quality response data.

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+187.5
Audience Reach Impact+15.0
Technical Innovation+60.0
Evidence Of Traction+75.0
Market Timing Relevance+85.0
Functional Completeness+10.0
Subtotal+432.5
Usefulness Multiplierx0.90
Final Score+389

Project Details

Project URL
Description
Nato nel 2020, Il Foolers Club è un Club di Angel Investors di 150+ investitori ed opinion leader che investe in Pre-Seed e Seed su opportunita' in ambito SaaS Deep-Tech selezionate da FoolFarm Spa. Il Club ha già investito oltre 15M€ nel 2022 Alcune caratteristiche - Nessun fee annuale - 3 Investor Day annuali - 12 Community Day - Investimenti in Startup SaaS Deep-tech - Investimenti in fasi Pres-Seed e Seed - Taglio minimo investimento €10k - Piattaforma di investimento dedicata Dealum - Club Deal dedicati - Workshop dedicati

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