Proof of Usefulness Report

Velaris

Analysis completed on 2/1/2026

+317
Proof of Usefulness Score
Certified Problem Solver

Velaris is a legitimate, verified Series A B2B SaaS company (backed by Octopus Ventures, ~$5.35M funding) offering an AI-driven Customer Success Platform. However, the project submission itself was of very low quality, containing demonstrably false claims (e.g., audience is 'everyone', 'most people have used my product') which heavily penalized the 'Audience Reach' and 'Response Quality' scores. Despite the poor submission, the underlying business demonstrates high real-world utility, strong market timing, and significant verified traction, resulting in a score comparable to an established mid-sized tech brand.

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Score Breakdown

Real World Utility+95.6
Audience Reach Impact+20.0
Technical Innovation+56.3
Evidence Of Traction+127.5
Market Timing Relevance+42.5
Functional Completeness+2.5
Subtotal+344.4
Usefulness Multiplierx0.92
Final Score+317

Project Details

Project URL
Description
Velaris helps B2B SaaS companies understand the health of their book of business through automatic health scores to maximise product adoption and find new expansion opportunities

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