RealRate

RealRate is a rating agency using Explainable AI (XAI) to create fair, unbiased and ethical company ratings.
We avoid the 'black box' effect by making the AI reasoning totally transparent:
A colored causal graph shows the real underlying sources of financial strength,
easy to grasp by anyone wthin a minute - you don't need to read annual reports with hundreds of pages anymore.

We are already driving revenues. We won the first customer directly after going live in October 2019. In 2020 we won two more customers buying a RealRate seal, for 8.000 EUR each. More ratings will be releasen in October 2020.
In 2021 we are planning to enter the US market and offer AI ratings for several industires comprising some hundred companies.

We focus on big companies having a large customer base.
Companies can purchase the RealRate seal of approval for marketing purposes.
Customers learn about their rate of return.
Brokers gain an independent resource for their financial advice.

We are a rating agency that avoids any conflict of interest.
We do not act on behalf on the companies that we analyze.
We provide ratings that are fully automated, relying only on published and certified data and thus ensuring comparability.
Our combination of expert systems and artificial intelligence enables a causal analysis of the sources of financial strength.

RealRate is an independent rating agency.
Our rating reports are generated automatically using artificial intelligence.

We have some unique characteristics, contrasting the traditional rating approach:
* Independence: We do not work on behalf of the insurers
* Use of artificial intelligence, enabling causal analysis of financial strength
* Holistic company analysis, instead of just a bunch of key ratios
* Fast and deep: our graphs let you understand a company within 2 minutes

We are a rating agency that avoids any conflict of interest.
We do not act on behalf on the companies that we analyze.
We provide ratings that are fully automated, relying only on published and certified data and thus ensuring comparability.
Our combination of expert systems and artificial intelligence enables a causal analysis of the sources of financial strength.

Competitors are the "big three": Standard and Poor's, Moodys and Fitch.
Also there are some local specialized rating agencies in most countries.
However, the have the approach of paid interactive rating - and they do not make use of AI.

We have some unique characteristics, contrasting the traditional rating approach:
* Independence: We do not work on behalf of the insurers
* Use of artificial intelligence, enabling causal analysis of financial strength
* Holistic company analysis, instead of just a bunch of key ratios
* Fast and deep: our graphs let you understand a company within 2 minutes

RealRate combines a self developed expert system for insurance companies with innovative methods of artificial intelligence.
We use structural neural networks to determine the causal effects of financial strengths.
This allows for a fast and deep understanding of the analyzed companies,
saving time and work for reading and analyzing the year-end reports, which is a difficult task.

RealRate is paid per rating seal sold. A seal costs 8.000 EUR each and is valid for one year, until the next rating.
Since RealRate is fully automated, we have low costs and a huge earnings margin.

RealRate's business model is highly scalable. Reports are generated automatically.
In August 2019 we published ratings of all German life insurers.
There are already more than 300 rating reports available.
Next steps will be German health and property/casualty insurers.
The approach finally will be adapted to other countries, like the US, and branches like banks, industry etc.

Setting up marketing in order to address more industries / countires / companies.

We are offering a share of 20% in RealRate for an equity investment of 1 m EUR.

Just a minor legal risk, in the unlikely case of being subjected to the European Credit Rating Agency (CRA) directive.

We have signed a LOI with Startupbootcamp Fintech Netherlands.

Mar 2020: RealRate was elected as one of most promising German AI startups by appliedAI
https://www.appliedai.de/hub/2020-ai-german-startup-landscape