Proof of Usefulness Report

Petra Funds Group

Analysis completed on 2/16/2026

+616
Proof of Usefulness Score
Category Standard

Petra Funds Group is a verified, major industry player in private equity fund administration with over $230B in Assets Under Administration (AUA) and ~350 employees, significantly exceeding the input's implied scale. However, the submission quality was extremely poor, containing false claims in specific fields (e.g., audience reach 'everyone', traction 'most people') and confusing financial data ('marketcap: 17000000' likely refers to revenue or is an error, as the firm is much larger). The score reflects the massive real-world utility and verified traction of the entity, penalized by the lack of effort and accuracy in the submission form.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+120.0
Technical Innovation+30.0
Evidence Of Traction+237.5
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+700
Usefulness Multiplierx0.88
Final Score+616

Project Details

Project URL
petrafundsgroup.com
Description
Petra Funds Group is a leading global provider of fund administration, middle and back-office support, regulatory compliance, and ESG services for private equity, venture funds, and private debt funds. Founded by private equity executives in 2021, Petra administers structures and funds that have in excess of +$230 billion in assets. We deliver tailored services to our valued client base from offices in the U.S. and Europe. Clients are serviced by regional teams led by executives with deep experience in alternative investments and ESG and supported by a global network of experts. Our coordinated fund administration solution and best-in-class technology enable our clients to scale their operations, reduce costs, and focus on their core competencies. For more information, please visit: www.petrafundsgroup.com.

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