Proof of Usefulness Report

Veeve

Analysis completed on 2/1/2026

+75
Proof of Usefulness Score
You're In Business

Veeve is a legitimate, venture-backed startup (Series A, ~$10M funding) offering innovative smart cart technology with verifiable B2B pilots (e.g., Albertsons, Kroger). However, the project submission itself is of extremely poor quality, containing critical factual errors (incorrect launch date, wrong business type listed as 'Short-term rental platform') and hyperbolic, false claims regarding traction ('most people have used my product'). While the technology has high real-world utility and technical merit, the score is heavily penalized by the lack of credible data provided in the submission and the early-stage nature of its actual user adoption (<50k estimated active users).

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Score Breakdown

Real World Utility+22.5
Audience Reach Impact+6.0
Technical Innovation+13.5
Evidence Of Traction+13.13
Market Timing Relevance+9.0
Functional Completeness+0.5
Subtotal+64.63
Usefulness Multiplierx1.16
Final Score+75

Project Details

Project URL
Description
Veeve is an Artificial Intelligence (AI) startup based out of Seattle, WA. Our proprietary technology combines the tactile gratification of in-store shopping with a content-rich online experience through its innovative smart cart technology. The Veeve cart allows shoppers to eliminate the traditional checkout process. The shopper just places items in the cart while the bill automatically tallies as they go and when they’re done shopping they just pay at the cart and walk out. Veeve uses machine learning, sensor technology, machine vision and artificial intelligence to enable product recognition.

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