Proof of Usefulness Report

Primi Capital

Analysis completed on 2/21/2026

+36
Proof of Usefulness Score
You're In Business

Primi Capital appears to be a legitimate, albeit early-stage/boutique, Venture Capital fund focused on AI and IoT. However, the project submission is of extremely low quality, containing vague claims ('everyone') and factually impossible traction statements ('most people have used my product'). External verification confirms the entity's existence and founder (Alex Veilleux), but the submitted data fails to demonstrate meaningful traction or impact, resulting in a low score consistent with a 'Minimal Traction' classification.

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 Utility+10.0
Audience Reach Impact+3.0
Technical Innovation+1.5
Evidence Of Traction+1.25
Market Timing Relevance+8.0
Functional Completeness+0.25
Subtotal+24
Usefulness Multiplierx1.12
Final Score+27

Project Details

Project URL
Description
Pre-Seed and Seed VC fund focussing on disruptive tech. With a focus on AI, IoT and Automation, we help entrepreneurs move their disruptive ideas forward.

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