Proof of Usefulness Report

Next Wave Impact

Analysis completed on 2/8/2026

+377
Proof of Usefulness Score
Certified Problem Solver

Next Wave Impact is a legitimate and reputable initiative addressing diversity in angel investing with strong institutional backing (Kauffman Foundation, EBAN). The project demonstrates high real-world utility and excellent market timing given the focus on DEI in venture capital. However, the submission itself is of poor quality, containing placeholder text ('most people have used my product') and confusing financial metrics ('all time marketcap' vs revenue). While the organization's actual impact and partnerships justify a score comparable to established brands, the lack of verifiable user data in the submission and the nonsensical reach claims negatively impact the evaluation.

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Score Breakdown

Real World Utility+187.5
Audience Reach Impact+36.0
Technical Innovation+37.5
Evidence Of Traction+87.5
Market Timing Relevance+85.0
Functional Completeness+10.0
Subtotal+443.5
Usefulness Multiplierx0.85
Final Score+377

Project Details

Description
One of the driving goals of Next Wave Impact is to increase diversity in angel investing and high growth entrepreneurship. Our first pilot programs sought to narrow the gender gap in angel investing by providing nearly 200 women a unique learning opportunity that allowed them to build a diversified portfolio of investments, receive mentoring by women who are experienced angel investors, and an education & training program around angel investing. We completed two pilot programs: a US program in partnership with Portfolia and Go Beyond Investing and a Europe program in partnership with Go Beyond Investing and the European Business Angel Network. The Angel Capital Association also partnered with us on the education and training piece, which was supported by the Kauffman Foundation. Second funds are now underway in both the US and Europe. We have also set up a 501c(3) nonprofit organization, the Next Wave Foundation, which will focus on building out the education and training programs, as well as a global network of women investors and entrepreneurs (and the men who support them). The Next Wave Network is a global movement to increase women’s participation in angel investing as an asset class. It has been developed to provide an enriching investment experience; including an investment portfolio in start-ups, an education of the investment process, and the development of a global angel community of successful business women across the US, Europe, Africa,Middle East, Asia, and Latin America.

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