Angie's List Raises $53.6 Million in Capital

Angie’s List, which aggregates local services for plumbers, doctors and other businesses, has raised $53.6 million from investors in a round that could end up totaling $60 million, according to a regulatory filing. The company would not comment on specifics, but Bloomberg reported that investors include T. Rowe Price Group. Last year, the Indianapolis-based company raised $25 million from several investors, including T. Rowe Price. Angie’s List provides ratings and reviews to paying members, and introduced a daily deals offer called The Big Deal last year.


Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work