Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

ANGI - Angi Inc. ()

Overview

Company Summary


Angi Inc. (formerly known as Angie's List) is an online marketplace and review platform that connects customers with local professionals for various home services. The company operates through its website and mobile app, providing a platform for homeowners to find and hire trusted service providers, such as contractors, plumbers, electricians, landscapers, and many others.

Angi offers a comprehensive database of service providers, allowing users to browse detailed profiles, read customer reviews and ratings, and compare prices and qualifications. The platform also provides tools for users to request quotes and directly communicate with service professionals before making a hiring decision.

To ensure the reliability and quality of service providers, Angi conducts background checks and verifies licenses and credentials of professionals listed on their platform. They aim to create a transparent and trustworthy marketplace for both customers and service providers.

The company generates revenue through a variety of sources. They offer free basic memberships to customers, but also provide premium memberships that grant access to additional features and benefits. Furthermore, Angi earns revenue through advertising, where service professionals can purchase advertising space to increase their visibility on the platform.

In addition to their online marketplace, Angi also operates a home warranty service called "Angi Warranties," which provides coverage for repair and replacement costs of home systems and appliances.

Overall, Angi Inc. plays a crucial role by simplifying the process of finding and hiring local service professionals for homeowners, with the aim of improving the overall experience and satisfaction for both customers and service providers.

Notes (see all)

News