Proof of Usefulness Report

Nested

Analysis completed on 1/26/2026

+479
Proof of Usefulness Score
Industry Mainstay

Nested is a verified, high-value UK PropTech company with significant backing (£120m+ equity/debt) and a verified team of ~50-90 people. However, the submission itself is of extremely low quality: the submitter ('ShadowFang') provided false claims ('most people have used my product'), irrelevant technology tags ('film', 'recreation'), and vague audience data. While the underlying business is strong (Chain-free buying solution), the score is heavily penalized by the low 'Quality Factors' of the submission data. The project falls into the 'Much larger scale' calibration tier based on actual company metrics, but sits at the lower end of that tier due to the poor evidence provided in this specific entry.

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 Utility212.5 (Weighted)
Audience Reach Impact70.0 (Weighted)
Technical Innovation52.5 (Weighted)
Evidence Of Traction112.5 (Weighted)
Market Timing Relevance80.0 (Weighted)
Functional Completeness5.0 (Weighted)
Subtotal+532.5
Usefulness Multiplierx0.9
Final Score+479

Project Details

Project URL
Description
Nested is redefining estate agency in the UK. For too long, sellers have been subjected to unresponsive agents and broken processes. With a combination of groundbreaking technology and expert local agents, Nested is fixing the whole moving experience one problem at a time.\n \nToday, estate agents get away with doing half a job, getting a seller under offer before leaving them to navigate the rest of the process by themselves. Nested is built for movers, the first estate agent to support both the selling and buying process, for no extra fee. We can even make sellers chain-free, with our groundbreaking cash advance securing their ideal home before they sell.\n \nWe are a wildly ambitious team, backed by Europe’s leading VCs and led by an experienced, hands-on founding team. In our buzzing Farringdon offices you’ll find a crew of friendly and collaborative problem-solvers each contributing to a new era for home movers. And when work is over, there’s plenty of socialising, from film nights to sports days.\n \nIf redefining an entire industry is a challenge that motivates you, come and join the team at Nested.

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