Ibotta Stock

ibotta.comFinTech / Personal FinanceFounded: 2011Funding to Date: $243.22MM

Ibotta is the developer of a free mobile shopping app that gives users cash back on groceries and more.

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Team

Management Team

Luke Swanson
Chief Technology Officer
Sunit Patel
Chief Financial Officer
Bryan Leach
Founder & Chief Executive Officer
Rich Donahue
Chief Marketing Officer

Board Members

Robin Li
GGV Capital
Hans Tung
GGV Capital

News Highlights

Walmart-backed Ibotta looks to raise $551 mln in upsized US IPO
The existing shareholders of Ibotta are aiming to raise $551 million when they hit the public market.
Walmart-backed Ibotta chasing $2.3 billion valuation as tech IPOs keep rolling after Astera Labs and Reddit
With its IPO launch, Ibotta more than doubled its valuation to $2.3 billion.
Report: Ibotta Prepares for $2 Billion IPO
Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. To assist with the IPO, Ibotta has enlisted the help of Goldman Sachs Group and Citigroup as advisers, Bloomberg reported Thursday (Nov. 2), citing unnamed sources. Reached by PYMNTS, an Ibotta spokesperson declined to comment on the report. While the exact timing of the IPO has yet to be determined, it is expected to take place next year, according to the report.
Updated on: May 22, 2024

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