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.
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
Score Breakdown
Project Details
Algorithm Insights
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