Angie’s List Raises $2.5M in Financing

Angie’s List, an Indianapolis-based provider of consumer-focused information and reviews, has closed on $2.5m in further financing.
This additional capital, which comes from San Francisco-based Saints Capital, will be uses to expand the company’s Health and Wellness consumer reviews product, as well as its “The Big Deal” local group coupon program, which is today active in 30 local markets and is expected to reach more than 50 cities by the end of 2010.
Launched in 1995 with a focus on local home, yard and car services, Angie’s List today serves more than 1 million paid members across the U.S., primarily via the website, but still offering a call-in service and the monthly magazine.

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