The Ship-It Rating Calculation
They work due to a combination of simple questioning and sophisticated statistical modelling.
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Obtaining an initial Assessment and Rating can be done in hours. More detailed validations, up to a full audit and capabilities report are available through SIRA’s members. Data feeds are available for investors.
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Rating Calculations and the Protection of Rated Entities
The assessments can be conducted at different levels of validation, including auto-assessment (initially a free service on launch in March ’24)
How investors should interpret the Rating awarded is based on the probability of achieving the product development plans.
Our objective to surface truth and accuracy in product development in innovative firms means SIRA will follow 5 essential principles.
Data feeds for Investors mean that they can use Ratings for scouting new investment prospects.
Ratings are shared according to choices made by the Rated Entity. There’s only ever one current rating for a firm. This will be securely kept and the firm has control of who can see the rating and other information.
Some general information on the underlying model is available at this time.
