The main Frequently Asked Questions can be found on this page. If we haven’t answered your question, please ask it by clicking here.

 

 

How long does the assessment process last?

We estimate it will take about 90 minutes for you to prepare and answer the questionnaire, prepare and record the video interviews. We need 48 hours to read, analyse and ask any supplementary questions before we can send you your rating and RateAndGo passport.

This means that there will be no more than TWO working days between completion of the questionnaire and issuing your rating.

With regard to confidentiality, RateAndGo uses sensitive data about my business model – who can access my report?

The reports are sold exclusively to our customers, who are CDOs, Corporate Account Innovation Directors, Investment Funds and Business Angels. We carry out “identity checks” on applications via people’s social media profiles, or give them a call if there is any doubt.

People with the above profiles will first sign a Non-Disclosure Agreement for the information you have submitted; if these confidentiality commitments are breached by our customers, we have added a fixed-rate compensation penalty of €15,000.

I’m an investment fund or customer: how long will it take to get the report on the start-up in which I’m interested?

Once your details have been verified, you will receive the rating report in your mailbox within a maximum of 24 hours.

For how long is the RateAndGo rating valid?

The RateAndGo rating is valid at the time of analysis, which is why we date our ratings. Given the speed at which start-ups evolve, we consider it to be relevant for a maximum of six months.

A start-up that scores over 60/100 will receive an e-mail after six months, so that it can update its information and receive a rating that is as close as possible to the company’s current situation. A start-up with a rating below 60/100 will be invited to repeat the questionnaire after three months.

How often is the rating reviewed?

The rating is reviewed regularly, either through a complete revision of the questionnaire, or through the
exægis surveillance and monitoring tool.

A start-up that scores over 60/100 will receive an e-mail after six months, so that it can update its information and receive a rating that is as close as possible to the company’s current situation. A start-up with a rating below 60/100 will be invited to repeat the questionnaire after three months.

What resources/documents does RateAndGo use to justify a fair rating?

The RateAndGo rating is based on a reference standard of entrepreneurial development practices (we are happy to disclose our sources and explain the construction of the algorithm, upon request). The documents and questionnaires are analysed by consultants experienced in markets, business development and service production. Over the last five years, exægis has rated numerous companies, and RateAndGo has inherited this experience, complemented by expertise specific to start-ups. Moreover, all the exægis rating models are regularly back-tested, scrutinising the feedback, the company ratings follow-up, and the health and mortality of the subjects studied, according to their operational and financial behaviour. exægis is also supported by a strategic committee, consisting of experts in auditing and managing digital services, who validate the various orientations of the rating model.

What is the difference between the rating, the passport and the RateAndGo report?

The RateAndGo rating is the top part of the passport. It details the funding requirement, the stage of development and the performance maturity score.

The passport contains all the essential information an investor needs about a start-up. In addition to the above information, it also includes the company’s identification form, product description, financial prospects, strengths and weaknesses, history, team details and list of appended documents.

The report recapitulates the information contained in the passport, as detailed and analysed by our expert, with the videos attached.

How should I interpret my rating?

The RateAndGo rating can be interpreted as follows:

  • Below 40%: the start-up’s strategic vision requires improvement. Key elements in the analysis are missing or must be improved to consolidate the business model.
  • Between 40% and 60%: The start-up has a solid foundation. By refining the key criteria listed above and working on weaknesses, this score can easily be improved.
  • Between 60% and 80%: the entrepreneurial project is very well executed, and this is the base score for RateAndGo to communicate the ratings to its Corporate Account and Investment Fund contacts.
  • Between 80% and 100%: The project is exceptionally well managed.
What type of questions do the start-ups answer during their video interview?

The questions in the video interview relate to the presentation, business model and team: major aspects in a company’s success.

Are the video interviews mandatory for obtaining the rating?

Yes, the videos are an integral part of the rating as they contribute to the start-up’s credibility. For four investors out of five, they create a genuine incentive to make contact.