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The Venture Codex

The Big Deal

5079 N Dixie Hwy Suite 147, Fort Lauderdale, 33334

Overview

The Big Deal is a Groupon‑style daily deals service launched in summer 2010 by Angie’s List that offers steep discounts on local services once a minimum number of buyers commit. Only businesses that have been featured on Angie’s List and carry an average grade of B or higher can offer deals, focusing the product on rated service providers such as painters, movers, electricians, and other home and professional services. Angie’s List members receive deeper discounts than non‑members (example: a three‑room paint job listed at $599, $499 for members; a whole‑house electrical safety inspection listed at $115, $89 for members). As of the article, The Big Deal operates in 32 cities but had live deals in only 17 of those cities, with notable gaps in markets like San Francisco, Seattle, and Orlando. The company had aimed to expand to more than 50 cities by the end of 2010. Financially, The Big Deal raised significant outside capital in 2010 to support expansion efforts.

Total raised
$25M
Funding rounds
2
Latest round
Equity
Latest activity
Dec 2010

Industries

  • E-Commerce
  • Local Business
  • Online Auctions
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Recent funding

  1. Equity

    Dec 2010

    $23M

Team

No current team members are available.