Angie’s List attracts $2.5M infusion
The investment is from a San Francisco-based firm and follows a $22.5 million investment the company received in October from multiple investors.
The investment is from a San Francisco-based firm and follows a $22.5 million investment the company received in October from multiple investors.
The 15-year-old company now has raised nearly $100 million in debt and equity financing and backing from individuals.
The Indianapolis-based consumer review and rating service said it will use the investment to expand its health and wellness consumer review product, as well as its coupon program, “The Big Deal.”
Angie’s List has partnered with Tennessee-based Healthcare Blue Book to give its members price information before they receive medical care.
Due to high demand, the Orr fellowship will place 20 fellows starting with its 2010 class. It anticipates
placing 40 fellows in 2011 and 80 in 2012. The program is designed to match top graduates of Indiana colleges with entrepreneurial
companies.
Rating doctors via online services helps consumers make better health care decisions.
For several years, Angie’s List CEO Bill Oesterle also has been quietly attempting to revitalize the near-east side.
WellPoint Inc. and Angie’s List are both racing to launch doctor-rating services early next year. But Angie’s List is already
sour over Well-Point’s decision to partner with New York-based Zagat Survey LLC for its doctor-rating service, apparently
without talking to Angie’s List.