US-based consumer reviews website Angie’s List has set the stage for its initial public offering (IPO) on Wednesday, filing with the US Securities & Exchnges Commission. The IPO is set to raise up to $131.5m. Angie’s List has raised $132.5m in capital since 2006.

The principal shareholders who would profit from an exit include boutique investment firm Huet Capital, which invested under its old name of TRI Investments and owns 23%, venture capital (VC) firm Battery Ventures which owns 18%, VC firm BV Capital which holds 11.6%, and investment firm T.Rowe Price which holds 9.8%.

Smaller shareholders include marketing company Aquent and financial services firm City Investment Group, VC firm Cardinal Venture Capital, venture debt firm Lighthouse Capital Partners and Prism Mezzanine Fund, a division of private equity firm Prism Capital.

Angie’s List lost $43.2m on $62.6m in revenues in the nine months leading up to September 30th, but…

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