Proof of Usefulness Report

New Territory Ventures

Analysis completed on 2/26/2026

+138
Proof of Usefulness Score
Gaining Momentum

New Territory Ventures appears to be a legitimate micro-VC or angel vehicle focused on food tech, backed by a founder with a verifiable track record (ex-Uber, previous exits). However, the submission quality is critically poor, featuring demonstrably false claims (e.g., 'most people have used my product' for a niche B2B fund) and confusing metrics ('marketcap: 500000'). While the underlying business entity is real, the Proof of Usefulness is severely diminished by the lack of accurate, professional evidence in the application.

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Score Breakdown

Real World Utility+60
Audience Reach Impact+20
Technical Innovation+10
Evidence Of Traction+40
Market Timing Relevance+50
Functional Completeness+10
Subtotal+150
Usefulness Multiplierx0.92
Final Score+138

Project Details

Project URL
newterritoryventures.com
Description
We are a group of entrepreneurs turned investors. Our fund focuses on funding early stage entrepreneurs that are pioneering new food tech businesses. We are particularly interested in supply chain inefficiencies, IOT, B2B companies, and the alternative protein space. At the core of our mission is to not just seed businesses but help our entrepreneurs as they build teams, scale their business, and seek further funding.

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