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30-517: Angi Inc. (formerly ANGI Homeservices Inc. ) is an internet services company formed in 2017 by the merger of Angie's List and HomeAdvisor . The company has its earliest roots in American home services website Angie's List, founded in 1995 as an online directory that allows users to read and publish crowd-sourced reviews of local businesses and contractors. For the quarter ending on June 30, 2018, ANGI reported total revenue of US$ 1,132,000,000 and

60-590: A consent order against HomeAdvisor, requiring HomeAdvisor to pay $ 7.2 million USD and prohibiting the company from making "any false or misleading claims regarding its leads, including that they concern individuals who are ready to hire a service provider or who submitted a request for home services directly to HomeAdvisor." Handy (company) Handy Technologies, Inc. is an online two-sided marketplace for residential cleaning, installation, and other home services. Founded in 2012 in Cambridge, Massachusetts ,

90-732: A sharing economy approach and a business model that has been compared to Uber . The Handybook name was chosen as it was a place to book handyman and cleaning services. Handybook was launched with incubation support from the Harvard Innovation Lab . In October 2012 Handybook raised US$ 2 million in seed financing from General Catalyst Partners and Highland Capital Partners . The following year in October 2013, Handybook raised further 10 million dollars from existing investors along with David Tisch 's BoxGroup and other investors. The same month Handybook began talks to acquire

120-446: A client that used a contractor recommended by HomeAdvisor to put in a concrete driveway. The recommended "local" company did not complete the work, demanded payment upfront and any work that was performed needed to be redone. The company recommended was from Avon CO and did not have a business license. Although HomeAdvisor currently has a BBB rating of A−, the rating had been as low as a "B", in 2017. There are over 600 negative reviews of

150-446: A net income of US$ 77,507,000. On May 1, 2017, The Wall Street Journal reported that IAC planned to buy Angie's List. By September 2017 the new publicly traded company was called ANGI Homeservices Inc. Shares started trading in early October, 2017. In March 2019, Angi moved its corporate headquarters to Denver , Colorado . William S. Oesterle and Angie Hicks founded Angie's List in 1995. The idea resulted from Hicks's search for

180-748: A paid network for service professionals. According to the company, professionals registered on HomeAdvisor network are prescreened and must pass criminal and financial background checks. On October 2, 2017, HomeAdvisor acquired Angie’s List and renamed itself ANGI HomeServices ( NASDAQ : ANGI). IAC is now a majority shareholder in ANGI HomeServices, which is the parent company of HomeAdvisor. ANGI HomeServices operates 10 brands in eight countries, including HomeAdvisor, Angie’s List, mHelpDesk, HomeStars (Canada), MyHammer (Germany), MyBuilder (UK), Werkspot (Netherlands), Instapro (Italy) and Travaux.com (France). HomeAdvisor, launched as ServiceMagic,

210-782: A reliable construction contractor in suburban Columbus, Ohio , on behalf of Oesterle, a venture capitalist who was Hicks's boss. Hicks moved to Columbus to join Oesterle in creating Columbus Neighbors, a call-in service, and publication with reviews of local home and lawn care services. The name and concept were based on Unified Neighbors in Indianapolis, Indiana . Hicks went door-to-door, signing up consumers as members and collecting ratings of local contractors. After Hicks recruited over 1,000 members in Columbus within one year, she turned to Oesterle to raise money from investors to develop

240-475: A total of $ 25 million in capital from investors. In September 2010, Wasatch Funds and Battery Ventures invested $ 22 million. In November 2010, Saints Capital led an additional funding of $ 2.5 million. On November 17, 2011, the firm began trading on the NASDAQ exchange under the ticker symbol ANGI. It priced 8.8M shares at $ 13 and opened for trading at $ 18, a 33% premium. In July 2016, Angie's List

270-455: Is being sold to contractors has been refuted by HomeAdvisor via their own language used on their "contact forms" on their website. A standard CCPA/TCPA disclaimer is included at or above the "submit" button, which states that HomeAdvisor and its affiliates, as well as their networks of Service Professionals, may deliver marketing calls or texts to the user's number. In April 2023, the FTC finalized

300-518: Is well-positioned for future earnings growth. In 1996, the company bought Unified Neighbors from its creator and moved the company's headquarters to Indianapolis. In 1998, ServiceMagic was founded by Rodney Rice and Michael Beaudoin who were part of the founding management team of Einstein Bros Bagels. In 2004, IAC acquired the website for an undisclosed price. On July 22, 2004, IAC acquired ServiceMagic. In October 2008, ServiceMagic acquired

330-578: The French business 123Devis.com and Travaux.com, as well as UK business 123GetAQuote.co.uk to create ServiceMagic Europe. In March 2009, the UK business was rebranded as ServiceMagic.co.uk. In 2012, the firm changed its name to HomeAdvisor . In 2013, HomeAdvisor acquired Werkspot.nl, the leading Dutch home improvement platform. In 2014, Werkspot.nl opens her twin company in Italy: Instapro. By 2015,

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360-596: The German home services company, MyHammer. In 2017, HomeAdvisor acquired Canada’s leading home services platform, HomeStars, and MyBuilder, the UK's leading home services platform connecting homeowners and tradesmen. On May 1, 2017, HomeAdvisor parent company IAC announced they entered into a definitive agreement to combine IAC’s HomeAdvisor and Angie’s List into a new publicly traded company, to be called ANGI Homeservices, Inc. On October 2, 2017, HomeAdvisor merged with Angie’s List to form ANGI Homeservices (NASDAQ: ANGI),

390-472: The San Francisco–based Exec , a similar service for hiring people to complete household tasks. In January 2014, Handybook completed the acquisition of the company which helped establish its West Coast presence. By May 2014, the company was employing nearly a hundred people. In June 2014, Handybook raised $ 30 million in a series B round of investment led by Revolution Growth . By this point,

420-672: The United States, and several cities in Canada, and the United Kingdom. As of July 2015, it employs a full-time staff of at least 160 and has engaged about 10,000 cleaners to work on its platform. According to Handy, about 80% of its bookings come from repeat customers. As of November 2016, Amazon ’s Alexa allows users to book services through Handy by using the Amazon Echo ’s voice-activated features. In May 2017,

450-513: The business. In 2013, Angie's List investors worried that the company had been in business for more than 18 years, yet never had shown an annual profit and that valuations of the company were unrealistic based on the actual revenue the company produces. But by 2015 growth estimates indicate a significant earnings-per-share growth, with a long-term growth rate at 19%. Combine this with stock estimates rising in 2015 by 13.3%, some Securities research firms such as Zacks Investment Research indicated ANGI

480-486: The company had expanded operations to twenty-six cities in North America, including Vancouver and Toronto . It also reported that the service was being used to complete about 10,000 jobs per week. In September 2014, Handybook changed its name to Handy. A week after the rebrand, Handy acquired Mopp, a similar London-based service, at an undisclosed valuation. After the acquisition, Mopp continued to operate under

510-626: The company with Angie Hicks, died. In 2014, Angie's List Inc. paid $ 2.8 million to settle a lawsuit alleging that it automatically renewed members at a higher rate than they were led to believe. In August 2016, HomeAdvisor has agreed to settle three lawsuits for a payment of $ 1,400,000. The class action lawsuits focused on HomeAdvisor acceptance of advertising payments from service providers, and whether those payments affect service providers’ letter-grade ratings, reviews, and place in search-result rankings. HomeAdvisor denies plaintiffs’ claims, but disclosed that revenue from service providers can affect

540-491: The firm had achieved more than $ 300 million in annual revenue, been used by more than 30 million homeowners, had nearly 100,000 pre-screened service professionals in its network and almost 3 million verified reviews. In 2016, HomeAdvisor acquired the German home services company, MyHammer. In 2017, it acquired Canada's leading home services platform, HomeStars, and MyBuilder, the UK's leading home services platform connecting homeowners and tradesmen. In 2010, Angie's List raised

570-674: The now New York –based company operates services in United States, United Kingdom, and Canada. The company was acquired by ANGI Homeservices in October 2018. Handy was founded in summer 2012 as Handybook by Oisin Hanrahan, Umang Dua, Weina Scott (a computer science graduate from Harvard University ) and Ignacio Leonhardt (a graduate of Duke University and the London School of Economics ). In fall 2012, it moved its headquarters from Cambridge, Massachusetts to Manhattan . The online household services marketplace they created follows

600-411: The only network for this type of on-demand service.” In 2013, HomeAdvisor acquired Werkspot.nl, the leading Dutch home improvement platform. By 2015, HomeAdvisor had achieved more than $ 300 million in annual revenue, been used by more than 30 million homeowners, had nearly 100,000 pre-screened service professionals in its network and almost 3 million verified reviews. In 2016, HomeAdvisor acquired

630-555: The order of search-result rankings of the service provider under certain settings (Moore vs. AngiesList). HomeAdvisor HomeAdvisor is headquartered in Denver, Colorado and has offices in Evanston, Illinois ; Fairfax, Virginia ; Lenexa, Kansas ; New York, New York ; Indianapolis, Indiana ; and Colorado Springs, Colorado . HomeAdvisor incorporates home improvement project planning resources, which are free to homeowners, and

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660-508: The parent company when IAC split into five publicly traded companies. In October 2008, ServiceMagic acquired the French business 123Devis.com and Travaux.com, as well as UK business 123GetAQuote.co.uk to create ServiceMagic Europe. In March 2009, the UK business was rebranded as ServiceMagic.co.uk. In April 2011, Chris Terrill was hired as Chief Executive Officer. In October 2012, ServiceMagic rebranded as HomeAdvisor. After rebranding, then-CEO Chris Terrill told StreetFight Magazine, “We’re

690-472: The platform. As of November 2015, the company planned to include the delivery and assembly of furniture as some of the services offered. Handy also announced its series D round of $ 50 million. This round of funding led by Fidelity Management & Research included contributions from several of the company’s previous investors. In October 2018, ANGI Homeservices which owns HomeAdvisor and Angie's List acquired Handy. Handy operates in 28 cities in

720-415: The same day. Homeowners can also make appointments using HomeAdvisor through Facebook . HomeAdvisor also integrates smart devices like Apple Watch and Amazon Echo. Several news articles have reported on the screening process of HomeAdvisor, investigating possible loopholes available to contractors that have been used by criminals. Denver investigative reporter Heidi Hemmat wrote one such story about

750-576: The same name, adding the subtitle “powered by Handy” to its brand. Mopp’s founders Pete Dowds and Tom Brooks stayed on to continue Handy’s expansion in the European market. In November 2014, Handy was sued over a number of alleged labor violations, including that the company was deliberately misclassifying its employees as independent contractors . In March 2015, Handy announced another round of funding led by TPG Growth , which raised 15 million dollars. In May 2015, TechCrunch reported that Handy

780-620: The service on the BBB website. However, the HomeAdvisor brand has as high as a 4.4 out of 5 on sites like ConsumerAffairs and Trust Pilot but as low as a 2.8 out of 5 on SiteJabber . HomeAdvisor has also received data security concerns over its use of Home Improvement Industry practices known as Pay Per Lead Services. HomeAdvisor collects users data when a request is made and then sells that data to local contractors in exchange for money. A previous claim that homeowners are unaware that their data

810-511: The world’s largest digital marketplace for home services. Instant Booking, launched in 2015 allows homeowners to instantly schedule appointments with service professionals and “eliminate phone tag between the provider and homeowner, which is how the service worked before.” Instant Connect, a service where “homeowners are contacted by a HomeAdvisor specialist via phone within one to two minutes.” Same Day Service allows homeowners to instantly schedule an appointment to complete their home project

840-538: Was founded in 1998 by Rodney Rice and Michael Beaudoin who were part of the founding management team of Einstein Bros Bagels. In 2004, InterActive Corp (NASDAQ: IAC) acquired the website for an undisclosed price. In January 2008, IAC appointed Craig Smith as CEO of ServiceMagic Inc. He was the Senior Vice President of the company’s Consumer Division. Co-founders Rodney Rice and Michael Beaudoin became co-chairmen and advisors. ServiceMagic remained part of

870-454: Was in talks to acquire its rival Homejoy . However, Homejoy shut down in July 2015 without being acquired amid worker classification suits. Immediately following the announcement of Homejoy’s expected shutdown, Handy offered a $ 1000 signing bonus to any Homejoy workers looking to switch to Handy’s service. In June, just a month before, Handy had announced completing its one millionth booking on

900-663: Was made a freemium service; the basic membership tier, with access to more than 10 million reviews, was made free, alongside subscription tiers offering additional functionality. On October 2, 2017, IAC announced that it had agreed to acquire Angie's List for $ 781.4 million. and it merged Angie's List and HomeAdvisor, renaming the merged company to ANGI Homeservices, retaining Angie's List ticker symbol and stock history. In October 2018, ANGI Homeservices bought Handy for $ 165.5 million. In March 2021, Angie's List changed its name to Angi, and ANGI Homeservices Inc. changed its name to Angi Inc. In May 2023, William Oesterle, who co-founded

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