Angie’s List set for big growth two years after acquisition
Now a part of New York-based IAC’s ANGI Homeservices Inc., Angie’s List is achieving record sales and planning for major growth in Indianapolis.
Now a part of New York-based IAC’s ANGI Homeservices Inc., Angie’s List is achieving record sales and planning for major growth in Indianapolis.
Anvl plans to use the funds to grow its platform and hire employees in sales, services, engineering and marketing, company officials said.
Indianapolis-based venture studio High Alpha on Tuesday announced the start of a new cloud-based software firm that plans to market business-safety applications to reduce and prevent injuries for maintenance workers.
Nearly 10 months after Angie’s List merged with Home Advisor, the financial fortunes of the combined entity are taking off faster than analysts and company officials expected.
Founded in 2010 as Tinderbox Inc., Octiv will continue to operate under its current moniker until leaders determine how it will fit into the brand of Colorado-based document automation firm Conga.
Former Angie’s List COO J. Mark Howell is looking for ways to help the state’s advanced-manufacturing and logistics industries navigate a changing technology landscape.
ANGI Homeservices Inc. CEO Chris Terrill told IBJ he is feeling “bullish” about the company’s overall prospects and its future in Indianapolis.
Gov. Eric Holcomb’s Next Level Trust Fund, which designates $250 million for venture capital, also made our list.
I envision this campus serving as a hub for a collection of tech startups or an incubator, where the operations all share the common amenities.
The 17.5-acre campus on East Washington Street is made up of 41 parcels with 25 buildings, 1,000 parking spaces and 190,000 square feet of office space. Parent company ANGI Homeservices would like to sell it to a single buyer if possible.
In an interview with IBJ, ANGI Homeservices CEO Chris Terrill said layoffs at Angie’s List will be done soon and real estate decisions are still being made. He also discussed what he sees as the merged company’s biggest strength.
Approximately 550 employees have either left Angie’s List voluntarily or been laid off since Jan. 31, according to public filings.
The company said the cuts will take place after its merger with HomeAdvisor and will target redundant roles. The merger could happen as soon as this month.
Securities filings show how activist investors gained influence, how organic turnaround plans lost favor, and how IAC played hardball at the negotiating table.
The job cuts, which happened Thursday, are part of the company’s focus on “continued operational effectiveness,” a spokeswoman said.
May 2 was a lollapalooza day in Indiana business, as three companies delivered significant news.
The sale of Angie’s List and Infosys’ announcement that it plans to hire 2,000 Hoosiers touched off a torrent of reactions among tech leaders and observers.
No one knows how the $505 million sale of Angie’s List Inc. to New York media and internet company IAC will affect local employment, but the buyer doesn’t seem interested in slash and burn.
IAC, the parent of HomeAdvisor, said it will combine its consumer-review firm and Angie's List into a new publicly traded company called ANGI Homeservices Inc. IAC said the new firm, which will be based in Golden, Colorado, will be the "clear industry leader" in the home services marketplace.
Senior Vice President of Product Shelly Towns said she wanted to get out of her “comfort zone” and is looking for new opportunities.