Proof of Usefulness Report

Weeve

Analysis completed on 2/28/2026

+54
Proof of Usefulness Score
You're In Business

The project 'Weeve' corresponds to a legitimate Berlin-based IoT startup that raised ~€2.3M in 2022 and employs ~30 people. The technical premise (IoT data orchestration/monetization) has high real-world utility in the B2B sector. However, the submission quality is extremely low, featuring demonstrably false claims ('most people have used my product', audience reach 'everyone') and confused metrics ('all time marketcap' in the revenue field). While the external verification of funding saves the project from a zero score, the disparity between the submission's claims and reality results in significant penalties for traction and response quality.

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Score Breakdown

Real World Utility+20.00
Audience Reach Impact+4.00
Technical Innovation+9.00
Evidence Of Traction+7.50
Market Timing Relevance+6.00
Functional Completeness+0.50
Subtotal+47
Usefulness Multiplierx1.15
Final Score+54

Project Details

Project URL
weeve.network
Description
weeve is a high-tech IoT startup empowering companies to generate value from their connected assets through data-driven services. Our platform offers an intuitive way to create and customise data pipelines and processes using a simple drag-and-drop method. We offer a library of ready-made modules built around common use cases, such as; predictive maintenance, pay-per-use, and machine learning while offering the flexibility to adapt and create new modules for your specific business domain. Our solution reduces the time needed to generate ROI from your IoT projects and delivers key business insights that can help companies optimize processes, reduce costs, improve decision-making, and create new revenue streams. We operate across diverse industry verticals such as Manufacturing, Energy, Automotive, Healthcare, Supply Chain, Mobility, and Logistics. Whether you are looking for a PoC or a full-scale project, we can work with you on a specific use case. Email: info@weeve.network Follow us: Twitter: https://twitter.com/weeveiot weeve Platform Beta sign up: https://marketing.weeve.network/beta-signup

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