Tag Archives: Angie’s List
Angie’s List Files For A $75 Million IPO
Angie’s List is a local business reviews website that has filed an S-1 today for an IPO where they expect to raise as much as $75 million. Angie’s List provides consumers a way to rate and review services such as doctors, contractors, etc. Angie’s List launched in 1995 when it focused on car services, home improvement, yard services, etc.
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Categories Angie's List
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T. Rowe Price Reveals Social Media Investments: $190.5M In Facebook, $71.8M In Zynga, And $86.8M In Groupon
T. Rowe Price Group, Inc. (NASDAQ:TROW) has revealed some of their investments in social media companies. They have invested a total of $190.5 million in Facebook as of the end of March. The company also invested $71.8 million in Zynga and $86.8 million in Groupon. Two years ago T. Rowe participated in a $100 million round in Twitter along with Insight Venture Partners, Benchmark Capital, and Morgan Stanley. Other investments include $10 million worth of equity in Ning, $35 million equity in Angie’s List, and $114 million equity in YouKu.com. [NYT]
Categories Angie's List, Facebook, Groupon, Ning, T. Rowe Price, Twitter, Youku, Zynga
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Angie’s List Raises $2.5 Million In Funding
Angie’s List, an Indianapolis based consumer information website has raised $2.5 million in funding from Saints Capital. The total funding, which was a total of $22.5 million, was brought in from multiple institutional investors. This brings the company’s total funding to $91 million. The additional investment will be used to expand their Health and Wellness consumer reviews product and The Big Deal local group coupon service. Angie’s List started in 1995 and has 1 million paid members. [TechCrunch]
Categories Angie's List, Saints Capital
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Consumer Reviews Site, Angie’s List Gets $35 Million In Funding
Angie’s List aggregates consumer reviews about companies for hire. Angie’s List members plug in about 15,000 reviews per month. Angie’s List charges users to read reviews. The company estimates $14 million in revenues and is based in Indianapolis, Ind. There are about 200 employees working for Angie’s List. Bill S. Oesterle is the CEO and Angie Hicks is the CMO.
Angie’s List reviews companies on a scale of A to F. Angie’s List receives revenue from membership fees and ads. Angie’s List has over 600,000 members.
Angie’s List has recently raised a round of funding at about $35 million. The funding was provided by Battery ventures. The funding will be used to expand into new markets such as the medical sector.
Users that are skeptical about joining should read the Top 10 reasons why Angie’s List is worth the money.
Craigslist is rumored to have earned $150 million in 2007. That does it, I need to register a domain name with my name in front of the world “list” and sell classifieds or aggregate consumer reviews.
Information Source:
[1] VentureBeat: Angie’s List collects $35M to expand services by MG Siegler
Categories Angie's List, Battery Ventures
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