Proof of Usefulness Report

VitalSignum Oy

Analysis completed on 2/13/2026

+37
Proof of Usefulness Score
You're In Business

VitalSignum Oy offers a legitimate, CE-marked medical device (Beat2Phone ECG) with clear clinical utility for arrhythmia detection. However, the project submission contains severe inaccuracies and hyperbolic claims that contradict verifiable data. While the submission claims a team of 30 and that 'most people have used my product,' official Finnish financial records from 2024 indicate only 2 employees and annual revenue of approximately €37,000 (down 35% year-over-year). The claim of a 17,000,000 market cap is unsupported by these fundamentals. The project scores well on technical legitimacy but fails on commercial traction, reach, and response integrity.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+1.0
Technical Innovation+12.0
Evidence Of Traction+1.25
Market Timing Relevance+4.0
Functional Completeness+0.25
Subtotal+37.25
Usefulness Multiplierx0.99
Final Score+37

Project Details

Project URL
Description
The company VitalSignum Oy is based in Helsinki, Finland and was founded in 2015 by a team of top medical and health tech experts from Finland. VitalSignum Oy develops and provides simple, reliable, and easy-to-use mobile health monitoring solutions and services. The company focuses on offering ECG remote monitoring solutions for detecting heart arrhythmia. Vitalsignum Oy has developed Beat2Phone ECG, a wearable medical grade ECG solution that can be worn around the clock and is designed for both individuals and healthcare professionals. Beat2Phone ECG is an ideal device for primary care clinicians, cardiologists, neurologists and elderly home care professionals. Beat2Phone ECG enables a better preventive monitoring and observation of cardiac symptoms leading to cost and time savings in the healthcare and a healthier life for the patients. Beat2Phone ECG consists of a reliable and easy-to-use wearable electrocardiogram (ECG) sensor placed on the chest and connected to a phone app with a cloud analytics service for fast, cost-effective screening of heart problems. Beat2Phone ECG can be comfortably worn by the patient for as long as the symptoms reappear. The system has been designed to be maximally automatic to save the health professionals’ valuable time and effort.

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