Turning a corner: Private market posts best month in yearsCore private market metrics suggest positive momentum is brewing and investor sentiment is improving
Turning a corner: Private market posts best month in years
Trading
Data
Solutions
Insights
About
Ibotta was founded in 2011 by Bryan Leach. According to Bloomberg, in November 2023 Ibotta announced plans for an IPO valued at $2 billion. The company has not officially announced an IPO date, however, there is anticipation for a 2024 IPO.
Ibotta is a mobile software application that offers cashback rewards by enabling online retailer deals to consumers. Per Forge data, Ibotta has raised $92.9 million in funding over 6 rounds, with their latest funding raised on Aug 6, 2019, from a Series D round. Key investors include GGV Capital, Koch Disruptive Technologies, and Teamworthy Ventures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 8/6/2019 | Series D | $150MM raised | $XXX.XX | $XXX.XX |
| 7/25/2017 | Series C-1 | $24.98MM raised | $XXX.XX | $XXX.XX |
| 10/1/2015 | Series C | $38.32MM raised | $XXX.XX | $XXX.XX |
| 6/17/2014 | Series B | $20MM raised | $XXX.XX | $XXX.XX |
| 5/2/2013 | Series A | $8.14MM raised | $XXX.XX | $XXX.XX |
| 3/15/2012 | Series Seed | $1.78MM raised | $XXX.XX | $XXX.XX |
