Proof of Usefulness Report

Velm Ventures

Analysis completed on 1/26/2026

+4
Proof of Usefulness Score
You're In Business

The submission for Velm Ventures describes a dermatology-focused venture studio but lacks any verifiable digital footprint or evidence of operation. The submission contains significant red flags, including the claim that 'most people have used my product' (which is statistically impossible for a new venture studio) and the misuse of financial terminology ('all time marketcap: 500000' in the revenue field). With no website indexed and incoherent inputs, the project currently demonstrates negligible proof of usefulness.

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Score Breakdown

Real World Utility+2.5
Audience Reach Impact+0.0
Technical Innovation+0.0
Evidence Of Traction+0.0
Market Timing Relevance+1.5
Functional Completeness+0.25
Subtotal+4.25
Usefulness Multiplierx0.94
Final Score+4

Project Details

Project URL
velmventures.com
Description
The future of skin health starts here. We’re a dermatology-focused venture studio co-building startups that challenge the status quo — with visionary founders at the helm. Our mission: turn untapped dermatology insights into category-defining companies. We support founders with everything they need: investors, strategy, operations, clinical and medical expertise — and a bias toward bold execution. Already building our first eczema-focused venture, we’re ready to partner with founders obsessed with solving big problems in skin and medtech. Let’s build together.

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