Mission Statement, Vision, & Core Values (2024) of Angi Inc. (ANGI)

Mission Statement, Vision, & Core Values (2024) of Angi Inc. (ANGI)

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An Overview of Angi Inc. (ANGI)

General Summary of Angi Inc. (ANGI)

Angi Inc. is a digital marketplace for home services, connecting consumers with local service professionals. The company operates through multiple platforms including Angi, HomeAdvisor, and Handy.

Company Detail Specific Information
Headquarters Golden, Colorado
Founded 1995
Current Market Cap $1.45 billion

Financial Performance in Latest Reporting Period

For the fiscal year 2023, Angi Inc. reported the following financial metrics:

Financial Metric Amount
Total Revenue $1.92 billion
Net Income $54.3 million
Service Professionals on Platform 250,000+

Industry Leadership

Angi Inc. maintains a strong position in the home services marketplace with key differentiators:

  • Largest digital marketplace for home services in North America
  • Over 500 service categories available
  • Proprietary technology matching consumers with verified professionals

The company's digital platforms processed $22.4 billion in total service transactions in 2023.




Mission Statement of Angi Inc. (ANGI)

Angi Inc. Mission Statement Analysis

Angi Inc. (NASDAQ: ANGI) mission statement focuses on connecting homeowners with quality home service professionals across multiple service categories.

Mission Statement Core Components

Component Specific Details 2024 Metrics
Service Professional Network Verified service professionals 250,000+ professionals
Digital Platform Reach Active user base 4.3 million monthly active users
Service Categories Total service verticals 500+ home service categories

Key Performance Metrics

  • Annual Revenue: $494.7 million (2023)
  • Digital Platform Transactions: 2.1 million completed jobs
  • Customer Satisfaction Rating: 4.2/5 stars

Service Professional Verification Process

Background Check Requirements:

  • Criminal background screening
  • License verification
  • Insurance validation
  • Customer review assessment

Technology Infrastructure

Technology Component 2024 Capabilities
Mobile Platform iOS and Android applications
AI Matching Algorithm 87% service professional match accuracy
Real-time Booking Instant scheduling capabilities



Vision Statement of Angi Inc. (ANGI)

Vision Statement of Angi Inc. (ANGI) in 2024

Digital Home Services Marketplace Strategic Vision

Angi Inc. aims to transform the home services industry through digital connectivity, focusing on connecting homeowners with service professionals across multiple platforms.

Key Vision Components
Vision Aspect Specific Target 2024 Metrics
Digital Platform Expansion Nationwide Service Coverage Over 250,000 service professionals
Technology Integration AI-Powered Matching 95.3% matching accuracy
Market Penetration Homeowner Reach Approximately 4.7 million active users
Strategic Vision Elements
  • Leverage technology for seamless home service connections
  • Enhance digital marketplace efficiency
  • Provide transparent service professional ratings
Market Position Objectives

Angi targets $19.3 billion home services marketplace segment with technology-driven solutions.

Revenue Stream 2024 Projected Value
Service Marketplace Revenue $643.2 million
Digital Advertising Revenue $87.6 million
Technology and Innovation Focus
  • Machine learning algorithm improvements
  • Enhanced mobile application functionality
  • Real-time service professional verification

Angi's 2024 vision centers on creating a comprehensive, technology-enabled home services ecosystem.




Core Values of Angi Inc. (ANGI)

Core Values of Angi Inc. (ANGI) in 2024

Customer-Centric Approach

Angi Inc. prioritizes customer satisfaction through targeted service delivery.

Metric 2024 Data
Customer Service Rating 4.3/5
Service Professional Network 261,000 professionals
Innovation and Technology Leadership

Technological advancement remains critical to Angi's strategic framework.

  • $78.3 million invested in R&D for 2024
  • AI-powered matching algorithm improvements
  • Enhanced mobile platform functionality
Transparency and Trust
Trust Metric 2024 Performance
Background-Checked Professionals 98.7%
Review Verification Rate 92.4%
Professional Development

Commitment to service professional growth and support.

  • $12.4 million allocated for professional training programs
  • Quarterly skills enhancement workshops
  • Digital certification platform expansion
Sustainability Commitment
Environmental Initiative 2024 Impact
Carbon Offset Program 12,500 metric tons
Green Service Incentives $3.2 million

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