Angie’s List, an Indianapolis-based provider of consumer-focused information and reviews, has closed on a $22.5m equity financing round.
Investors include Battery Ventures, Wasatch Funds and other unnamed funds. Other backers include Aquent, BV Capital, and Lighthouse Capital Partners.
The company will use the investment to expand its Health and Wellness consumer reviews product as well as its “The Big Deal” local group coupon program.
Launched in 1995 with a focus on local home, yard and car services, today provides information on local contractors and doctors in more than 500 service categories, serving over 1 million paid members, via the angieslist.com website, its call-in service and a monthly magazine.
FinSMEs
21/09/2010