Angi

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Angi - overview

Established

1995

Location

Indianapolis, IN-Indiana, US

Primary Industry

Internet

About

Angi is a U. S. -based online platform that simplifies the connection between homeowners and service professionals across various home improvement sectors, ensuring efficient management and quality assurance for home services. Angi, originally founded in 1995 in Indianapolis, US, operates as a comprehensive service connection platform for homeowners seeking professionals in sectors like plumbing and electrical work.


The company underwent significant transformation over the years and successfully transitioned to an IPO in November 2011, raising USD 114 mn by selling 8. 8 million shares. Angi was established without specific mention of individual founders or notable mergers and primarily operates from its headquarters in Indianapolis. Angi is primarily recognized for its comprehensive suite of home service solutions, which connects homeowners with service professionals across various sectors including plumbing, electrical work, and home improvement.


The platform is designed to streamline the processes of finding, hiring, and managing service providers, addressing common challenges like time constraints and vetting service quality. User-generated reviews and ratings are integral to the platform, allowing customers to make informed decisions based on experiences shared by others. This service is particularly prevalent in major U. S.


metropolitan markets such as California, Texas, and New York, catering to a diverse demographic of homeowners seeking reliable assistance. In the most recent fiscal year of 2025, Angi reported revenue of USD 1,030. 54 mn and an EBITDA of USD 112. 53 mn.


The company's revenue model hinges on transaction fees collected from service professionals and homeowners, who access services at no cost. Service providers pay subscription or lead generation fees for visibility and access to potential customers, fostering a direct-to-consumer relationship. Following its IPO in November 2011, Angi plans to leverage the raised USD 114 mn to enhance its platform and expand into new geographic markets. Specific expansion plans target additional metropolitan areas across the U.


S. to capture growing demand for home improvement services. The company is also focused on developing new products aimed at improving service matching accuracy and user experience, although specific release dates are not provided.


Current Investors

Headline, Battery Ventures, Lighthouse Capital Partners

Primary Industry

Internet

Sub Industries

Home Repair Services, Search Engines

Website

www.angi.com/

Verticals

E-commerce, Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Angi - timeline of key events

Blurred Background

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

Angi - financials

Fiscal Year EndedDec 31, 2024Dec 31, 2025
Revenue (USD)--
% Revenue Growth (YoY)--
EBITDA (USD)--
Operating Income (USD)--
Operating Margin--
% EBITDA Margin--
NET Income (USD)--
% Net Margin--

Angi - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedAngi-
Add-on, Trade SaleCompletedBrightNest-
IPOCompletedAngi-
Venture DebtCompletedAngi-
Venture DebtCompletedAngi-

Displaying 1 - 5 of 12

Angi - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.