Proof of Usefulness Report

Harmony Venture Labs

Analysis completed on 1/23/2026

+241
Proof of Usefulness Score
Gaining Momentum

Harmony Venture Labs (HVL) is a legitimate, high-potential venture studio based in Birmingham, AL, backed by a partnership with 'Innovate Alabama' and led by successful founder Shegun Otulana. However, the project submission itself was of extremely low quality, featuring lazy claims (e.g., audience: 'everyone', traction: 'most people have used my product') and missing data. While the external reality of the project is strong (state-backed fund, proven leadership), the score is significantly penalized due to the lack of verifiable evidence provided in the submission and the laziness of the response.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+4.00
Technical Innovation+9.00
Evidence Of Traction+10.00
Market Timing Relevance+8.00
Functional Completeness+0.25
Subtotal+52.5
Usefulness Multiplierx0.92
Final Score+241

Project Details

Description
Harmony Venture Labs (HVL) is a venture studio led by a team of experienced founders and experts who launch startups, grow our portfolio of brands and support SaaS entrepreneurs. Through strategy, marketing, design and product guidance, we help our companies navigate their journey to faster, sustainable growth. \n\nWe believe that new venture creation is a powerful vehicle to deliver value to our communities. By generating new solutions and supporting entrepreneurs, we can foster an ecosystem of empowerment and economic opportunity.

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