Proof of Usefulness Report

Nordverse

Analysis completed on 2/14/2026

+183
Proof of Usefulness Score
Gaining Momentum

Nordverse is a verified Icelandic health-tech startup with legitimate industry recognition (Nordic Startup Awards finalist, government grants) addressing the opioid crisis and clinical documentation via AI. However, the submission quality is critically low, featuring significant exaggerations ('most people have used my product', 'everyone' audience), misuse of financial terminology ('marketcap' likely refers to valuation or grant amount), and a generic description. The score reflects the underlying potential of the company while heavily penalizing the lack of credibility in the provided traction and reach claims.

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Score Breakdown

Real World Utility+75.0
Audience Reach Impact+6.0
Technical Innovation+39.0
Evidence Of Traction+20.0
Market Timing Relevance+30.0
Functional Completeness+4.0
Subtotal+174
Usefulness Multiplierx1.05
Final Score+183

Project Details

Project URL
Description
Nordverse is an Icelandic health-tech startup. We create software that simplifies complex health information and empowers healthcare.

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