Proof of Usefulness Report

Minerva

Analysis completed on 2/3/2026

+515
Proof of Usefulness Score
Industry Mainstay

Minerva (gominerva.com) is a verified, high-potential RegTech company based in Toronto, offering AI-driven AML solutions. External search confirms significant traction, including a strategic partnership with Equifax Canada, ~$15.3M in funding, and recognition in the RegTech100. While the submission itself was low-quality (containing inaccurate claims like 'everyone' audience and 'most people' usage, plus a likely erroneous market cap figure), the underlying project demonstrates exceptional real-world utility and enterprise traction. The score is boosted by verified 'Founder-Market Fit' and strong B2B validation, despite the poor form response.

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Score Breakdown

Real World Utility+168.75
Audience Reach Impact+85
Technical Innovation+63.75
Evidence Of Traction+168.75
Market Timing Relevance+47.5
Functional Completeness+2.5
Subtotal+536.25
Usefulness Multiplierx0.96
Final Score+515

Project Details

Project URL
Description
Minerva is a risk assessment platform purpose built for anti-money laundering at scale. With access to billions of data-points, Minerva uses real-time machine learning to accurately build context-rich profiles of each of your customers, meaning faster investigations, fewer false positives, and compliance programs built at half the cost when compared to traditional tools and methods. Trusted by leading financial institutions and innovators like Equifax and Coinbase to help mitigate risk and combat financial crime.

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