Proof of Usefulness Report

Neurovalens

Analysis completed on 1/25/2026

+542
Proof of Usefulness Score
Industry Mainstay

Neurovalens is a legitimate, high-potential health-tech company with FDA 510(k) clearance for its Modius Sleep device (Oct 2023) and substantial funding (~$28M). Despite the low-quality submission (which contained exaggerated reach claims like 'everyone' and 'most people', and confused financial metrics), the underlying project demonstrates exceptional Real-World Utility and Technical Innovation. The company's regulatory success and capital efficiency place it in the 'Much Larger Scale' calibration tier, though the score is tempered by the poor quality of the response data provided.

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Score Breakdown

Real World Utility+142.5
Audience Reach Impact+30.0
Technical Innovation+135.0
Evidence Of Traction+114.0
Market Timing Relevance+85.0
Functional Completeness+10.0
Subtotal+516.5
Usefulness Multiplierx1.05
Final Score+542

Project Details

Project URL
Description
Neurovalens is a global health-tech company focused on developing non-invasive neurostimulation products to solve some of the world’s most significant health challenges. The company’s Modius technology is FDA-cleared, non-invasive, and influences the deep parts of the brain with a small and safe electrical pulse. The noninvasive approach removes the need for surgical implantation and allows much earlier intervention in the treatment pathway. Neurovalens is currently working to release several versions of the technology to treat various disorders. Modius Sleep is the first product to be released in October of 2024. The Neurovalens headquarters is in Belfast, United Kingdom. Product Line: ● Modius Sleep (released October 2024) ● Modius Calm (release date TBD) About Modius Sleep Modius Sleep is a non-invasive, drug free, physician-prescribed medical device that can help improve sleep for patients with chronic insomnia. Worn as a headset for 30 minutes each evening, it stimulates sleep neurons deep in the brain by using electrical vestibular nerve stimulation (VeNS), which is a non-invasive therapeutic method. The device sends a safe electrical pulse into the vestibular nerve, influencing the areas of the hypothalamus and brainstem that control circadian rhythm and sleep patterns. The neurostimulation is delivered through two self-adhesive electrode pads, which are placed on the skin behind each ear.

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