Proof of Usefulness Report

VeryApt

Analysis completed on 2/1/2026

+46
Proof of Usefulness Score
You're In Business

VeryApt is a verified, operating apartment rental platform founded around 2013/2014 with approximately $2.7M in historical seed funding. However, the submission provided contains grossly exaggerated claims (e.g., 'most people have used my product', audience is 'everyone') and lacks verifiable financial or user data. While the service offers genuine utility as a data-driven concierge in specific US markets (notably Philadelphia), it is a niche regional player rather than a market leader. The score is heavily penalized for the low quality and inaccuracy of the provided 'proof', despite the underlying business being legitimate but likely stagnant in growth (Seed stage for >10 years).

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+3.00
Technical Innovation+7.50
Evidence Of Traction+6.25
Market Timing Relevance+6.00
Functional Completeness+0.25
Subtotal+41.75
Usefulness Multiplierx1.10
Final Score+46

Project Details

Project URL
Description
VeryApt is a data-driven concierge rental platform that makes finding the perfect apartment effortless. A personalized search platform that instantly connects renters with a team of leasing specialists who help find and book apartments, VeryApt makes it simple for users to research properties, schedule tours, and sign a lease, all in one place.\n\nThe average renter spends over 80 hours finding an apartment and planning their move. With the help of VeryApt, renters can secure an apartment, facilitate their move, and set up their new homes in less than half the time of the typical renter, saving them dozens of hours of stress and frustration. VeryApt’s property search algorithm analyzes thousands of listing, amenity, geographic, and review data points, and uses that information along with real-time pricing and availability to help renters identify their perfect apartment at the best price.

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