Proof of Usefulness Report

VendorPM

Analysis completed on 2/1/2026

+549
Proof of Usefulness Score
Industry Mainstay

VendorPM is a verified, high-growth Series A PropTech company backed by Bessemer Venture Partners, serving over 30,000 vendors. The platform solves a critical fragmentation issue in property management procurement. However, the project submission itself was of very low quality, containing hyperbolic and unverifiable claims (e.g., 'most people have used my product', audience 'everyone') which contradict the B2B nature of the business. Consequently, while the underlying asset scores highly on utility and market relevance, the score is heavily penalized by Quality Factors regarding traction evidence and audience definition.

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Score Breakdown

Real World Utility+225
Audience Reach Impact+80
Technical Innovation+105
Evidence Of Traction+112.5
Market Timing Relevance+85
Functional Completeness+2.5
Subtotal+610
Usefulness Multiplierx0.9
Final Score+549

Project Details

Project URL
Description
For property management companies, it’s a constant challenge to avoid repeating costly mistakes. Every day, PMs work with a number of vendors in order to serve their clients. This is especially true if you’re a growing PM company.\n\n\n\nA vendor can let one of your PMs down and still continue to receive P.O.s throughout your company and the industry. Today, PMs best option is word of mouth, but of course, this is a timely and limited method. As we all get busier and continue to grow, this problem will only get worse over time.\n\n\n\nVendorPM gives you complete control of all your vendors \u0026 property managers by centralizing your vendor list, performance and industry insights. This is done through KPI ratings/reviews and a streamline RFQ process. With 10,000+ vendors \u0026 PMs, VendorPM saves your property managers up to 15 hours/month and puts PMs back in control.

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