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.

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Learn more about Ibotta

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What is Ibotta's funding to date?

Ibotta has raised $243.22MM to date.
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When was Ibotta founded?

Ibotta was founded in 2011.

Who are Ibotta's major investors?

GGV Capital
Koch Disruptive Technologies
FJ Labs

Ibotta Funding Rounds and Last Known Valuation

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
Based on primary financings
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Updated on: May 21, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.