Ranks are calculated by sorting the competitors of a Company in ascending order of Tracxn Score & obtaining its position among competitors.
What is Tracxn Score?
Tracxn score’ is a Proprietary score based on Company's standing against other companies. Tracxn score is composed of four metrics: Size Score, Execution Score, Growth Score, and Team Score.
You can know more about Tracxn Score here.
Tracxn Score Calculation:
A total of 2.5M+ entities profiled by Tracxn are compared using the various metrics
Percentile for each metric is calculated using below formula,
Tracxn Scores is then calculated as a simple average of all the associated percentiles
Percentile for a metric = Total number of companies with same or less metrics value / Total number of companies curated on Tracxn platform
Example:
Percentile Calculation for Metric: Total Funding
Let Total Funding be = $ X B
Number of Companies with Total Funding <= $ X B = Y
Total number of companies curated on Tracxn platform = Z
Percentile for Total Funding = Y/Z
These Scores are then calculated as a simple average of all the associated percentiles