ANGI (ANGI)

Overview

Angi Inc. serves as a critical bridge between consumers and home service professionals within the United States and internationally. Offering an efficient platform for connecting individuals with local, pre-screened, and customer-rated service professionals, Angi specializes in facilitating a wide array of home services through a comprehensive network. Originally established as ANGI Homeservices Inc., the company underwent a rebranding to Angi Inc. in March 2021, enhancing its identity and mission. As a subsidiary of IAC Inc. since its incorporation in 2017, Angi is headquartered in Denver, Colorado, from where it orchestrates its operations across three primary segments: Ads and Leads, Services, and International, each designed to accommodate the varying needs of consumers and service professionals alike, ensuring transparent, reliable, and swift service transactions.

Products and Services

Ads and Leads Segment: This segment is pivotal in establishing direct connections between consumers and service professionals for a myriad of local services. By leveraging a nationwide network encompassing various service categories, Angi grants consumers access to essential tools, verified reviews, and services aimed at simplifying the hiring process for local services. It involves the sale of advertising spaces across web, mobile, and magazine platforms to certified service professionals. Moreover, professionals are offered services and tools for quoting, invoicing, and payment, making the service delivery process seamless. The inclusion of the True Cost Guide provides consumers with detailed information regarding the costs associated with different project types, alongside a comprehensive library of home services-related content for informed decision-making.

Services Segment: Angi's pre-priced offering under this segment allows consumers to request services directly through Angi and Handy branded platforms with transparent pricing structures. This not only simplifies the process of acquiring home services but also ensures direct payment channels on the respective platforms. For service professionals, this segment opens up access to a vast consumer base seeking various services, requiring professionals to validate their experience in home services, hold necessary licenses, and maintain satisfactory ratings for continued platform engagement.

International Segment: Under its international wing, Angi operates several marketplace platforms across different regions, including Travaux, MyBuilder, MyHammer, Werkspot, and Homestars. These platforms are tailored to meet the specific needs of international markets, extending Angi's home services marketplace beyond US borders and facilitating global access to reliable, quality home improvement and repair services.