Proof of Usefulness Report

Velavu

Analysis completed on 2/17/2026

+46
Proof of Usefulness Score
You're In Business

Velavu is a verifiable B2B IoT company based in Ottawa, offering legitimate asset tracking hardware and software. However, the project submission contains demonstrably false and low-quality data (claiming 'everyone' as the audience and 'most people' as users). While the technology (GPS + Mesh network) is useful and functional, the project is early-stage (unfunded, small team) and the submission fails to provide credible evidence of the claimed '17M market cap' or traction. The score reflects the reality of a small, functional startup severely penalized by a spam-quality submission.

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Score Breakdown

Real World Utility+20.00
Audience Reach Impact+2.00
Technical Innovation+9.75
Evidence Of Traction+3.75
Market Timing Relevance+6.00
Functional Completeness+0.25
Subtotal+41.75
Usefulness Multiplierx1.10
Final Score+46

Project Details

Project URL
Description
The Velavu ecosystem is a simple, yet powerful experience to oversee your assets, inventory, and processes through customised solutions and exceptionally crafted software and devices. In the Velavu ecosystem, each product integrates seamlessly, are easy-to-use and fully operational within minutes. Simply place the Velavu tags in your vehicle, worksite or on a piece of equipment, and the system automatically does the rest. Whether you need to manage inventory and shipping at a warehouse, oversee vehicles, equipment and tools at a construction site, or keep track of jump bags for paramedics, velavu offers low-cost and customised solutions — whether you're indoors, outdoors, or on-the-go.

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