Ibotta

Denver, Colorado, USA Consumer Internet Public

Ibotta is a Denver-based performance marketing technology company that delivers digital promotions and cash-back rewards on consumer packaged goods purchases. It operates the Ibotta Performance Network (IPN), a third-party network powering rewards programs for major publishers and retailers such as Walmart, Dollar General, Family Dollar, and Schnucks, as well as its direct-to-consumer mobile app and website. Brands pay Ibotta on a pay-per-sale (cost-per-action) basis, with consumers receiving cash back for buying participating products. The company went public on the NYSE in April 2024 under the ticker IBTA in what was the largest technology IPO in Colorado history.

Public Company

Ibotta is publicly traded

IPO'd on April 18, 2024

IBTA NYSE

This company is no longer available on our private secondary market. Shares can be traded publicly under IBTA.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

700–900

Total Funding

$67.9M

5 rounds

Last Private Valuation

$1B

August 2019

Funding

Total raised $67.9M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

August 2019

Amount

Not disclosed

Valuation

$1B

Lead Investors

Koch Disruptive Technologies
DateRoundAmount RaisedValuationLead Investors
August 2019 Series D Not disclosed $1B Koch Disruptive Technologies
July 25, 2017 Series C-1 Not disclosed GGV Capital
October 2015 Series C $40M Jim Clark

Leadership

  • Bryan Leach

    Founder, Chairman & CEO

    LinkedIn
  • Matt Puckett

    Chief Financial Officer

  • Kane McCord

    Chief Operating Officer

  • Luke Swanson

    Chief Technology Officer

  • Chris Riedy

    Chief Revenue Officer

  • Valarie Sheppard Daspit

    Chief People Officer

  • Brian Shapiro

    Chief Legal Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Fetch Rewards

    Receipt-scanning consumer rewards app offering points on any purchase, redeemable for gift cards; closest direct competitor to Ibotta's D2C app.

  • Rakuten Rewards

    Online cash-back portal owned by Rakuten Group offering rebates at 3,500+ online retailers including Amazon, Walmart and Booking.com.

  • Honey (PayPal)

    Browser-extension coupon and cash-back tool acquired by PayPal in 2020 that auto-applies promo codes at checkout for online shoppers.

  • Checkout 51

    Receipt-based grocery and gas cash-back app operated by Quotient/Neptune Retail Solutions; weekly CPG rebate offers.

  • Upside (GetUpside)

    Cash-back app focused on gas, grocery and restaurants using personalized offers funded by participating merchants.

  • Inmar Intelligence

    CPG promotions and digital coupons provider offering performance-based digital incentives to brands and retailers; direct competitor to the Ibotta Performance Network.

Ibotta Investment FAQ

Ibotta FAQ

Yes, Ibotta is publicly traded under the ticker symbol IBTA on the NYSE. The company went public in April 18, 2024.

Ibotta trades under the ticker symbol IBTA on the NYSE. It began trading in April 18, 2024.

Ibotta (IBTA on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker IBTA to place an order.

Ibotta went public in April 18, 2024 via ipo, with an offering valuation of approximately $1B. Ibotta completed its IPO on April 18, 2024, listing on the NYSE under the ticker symbol IBTA. The company priced 6,560,700 shares at $88.00 (above the $76-84 range), raising approximately $577M in gross proceeds (with $220M to Ibotta and the remainder to selling stockholders). The offering valued the company at approximately $2.67B on a basic share count and roughly $3B fully diluted. It was the largest technology IPO in Colorado history.

Ibotta raised $67.9M across 5 disclosed funding rounds prior to its public listing.

Ibotta was founded by Bryan Leach in 2011.

Ibotta is headquartered in Denver, Colorado, USA.

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