Proof of Usefulness Report

HealthCap Africa

Analysis completed on 2/10/2026

+358

Proof of Usefulness Score

Certified Problem Solver

HealthCap Africa is a legitimate, verified venture capital fund with significant impact in the African fintech and healthtech sectors, managing 18+ investments with over $80M in follow-on capital raised. However, the submission quality is extremely poor, containing vague claims ('everyone', 'most people') and missing data. The high score reflects the verifiable real-world utility and traction of the fund found via external search, heavily penalized by the low quality of the submission.

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+90.0

Audience Reach Impact+60.0

Technical Innovation+40.0

Evidence Of Traction+90.0

Market Timing Relevance+85.0

Functional Completeness+5.0

Subtotal+72.25

Usefulness Multiplierx0.99

Final Score+358

Project Details

Project URL

healthcap.co

Description

HealthCap Africa is An Africa-focused venture fund that invests in early-stage fintech and healthtech startups across the continent. We have invested in 18+ startups that operate in 10+ countries, have collectively raised $80 million in follow on capital and have nearly 1 million users/customers.

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