Angie’s List, which offers consumers a way to review and rate doctors, contractors and service companies on the Web, priced its IPO at the high end of the range, at $13 per share last night, and today is starting to trade on the Nasdaq under the symbol “ANGI.” This morning Angie’s List opened at $18 per share, a nearly 40 percent increase from its pricing last night.
At $18 per share, Angie’s List would be valued at a nearly $900 million market cap. Angie’s List raised $114 million in the offering.
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Angie’s List, which offers consumers a way to review and rate doctors, contractors and service companies on the Web, has just set the terms for its IPO. In a new filing, the company revealed that it aims to raise as much as $131.4 million in the offering and has priced its IPO in the range of $11 to $13 per share. The company will list on the Nasdaq under the symbol “ANGI.” At the high end of the range, Angie’s List would be valued at nearly $700 million.
Angie’s List launched in 1995 with a focus on local home, yard and car services, sits at the intersection of local search, user-generated content and subscription-based services. To date, Angie’s List has raised nearly $100 million from Battery Ventures, T. Rowe Price, City Investment Group, Cardinal Ventures and others.
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Angie’s List is the latest tech company to list in the Nasdaq, instead of the NYSE. This follows Groupon, Jive and Zynga both choosing the Nasdaq. Angie’s List will be traded under the symbol “ANGI.”
Angie’s List, which offers consumers a way to review and rate doctors, contractors and service companies on the Web, wants to raises as much as $75 million in its offering. The company launched in 1995 with a focus on local home, yard and car services, sits at the intersection of local search, user-generated content and subscription-based services. To date, Angie’s List has raised nearly $100 million from Battery Ventures, T. Rowe Price, City Investment Group, Cardinal Ventures and others.
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After Jive’s $100 million IPO filing yesterday, local business reviews site Angie’s List is throwing its hat into the ring, filing an S-1 this afternoon. The company will raises as much as $75 million, according to the filing.
As we’ve written in the past, Angie’s List offers consumers a way to review and rate doctors, contractors and service companies on the Web. The company launched in 1995 with a focus on local home, yard and car services, sits at the intersection of local search, user-generated content and subscription-based services. To date, Angie’s List has raised nearly $100 million from Battery Ventures, T. Rowe Price, City Investment Group, Cardinal Ventures and others.
Angie’s List, which offers consumer-focused information and reviews of businesses online, this morning announced that it has closed on $2.5 million in additional financing from its most recent round, which came from multiple institutional investors and totaled $22.5 million. → Read More
Angie’s List, which offers consumers a way to review and rate doctors, contractors and service companies on the Web, has raised another big round. The privately-held company this morning announced that it has secured a $22.5 million equity financing round from “multiple institutional investors”, including Silicon Valley firm Battery Ventures.
For the first time, public funds managers, including Wasatch Funds and other unnamed funds, joined the round, which brings the company’s total capital raised to a whopping $91 million as far as we’ve been able to track via CrunchBase. → Read More
Local business ratings and review service Angie’s List is suing Trusty’s, which we recently reviewed and likened to a sort of Yelp for blue-collar workers, over claims that the latter startup’s founder Christopher Kody illegally obtained thousands of files from Angie’s List in an effort to jumpstart Trusty’s.
According to Indystar, the suit alleges that Cody joined Angie’s List as a regular member and subsequently used an automated software program in multiple sessions to harvest nearly 10,000 reports, ratings and other information which he then pumped into Trusty’s. → Read More
Everybody’s got an opinion, and if you can collect them together that can be worth quite a bit of money. Angie’s List, one of the largest sites for local service provider ratings, has received $35 million from Battery Ventures, bringing its total funding to $48M. Battery will now hold a minority stake in the company. Angie’s List was founded in 1995, and provides users with customer reviews on a variety of services, including plumbers, roofers, and handymen. The site has over 600,000 members in the United States, and it soon plans to expand abroad. Users must pay a fee starting at $35 a year to access content, but free trials are granted for a year in cities that have been added to the site recently. According to comScore, its traffic has been flat, with only 214,000 unique visitors in February. Angie’s List had previously received $13 million in funding, largely from Aquent and BV Capital. Battery Ventures manages almost $3 billion in capital. Competitors to Angie’s List include Yelp and Kudzu. CrunchBase Information Angie’s List Kudzu.com Yelp Battery Ventures Information provided by CrunchBase → Read More
