Ibotta
Ibotta, Inc. is an American mobile technology company headquartered in Denver, Colorado. Founded in 2011, the company offers cash back rewards on various purchases through its Ibotta Performance Network and consumer properties, including mobile app, website, and browser extension. Ibotta partners with CPG (consumer packaged goods) brands and network publishers to provide these rewards. As of 2024, the company operates solely in the United States and offers rewards on categories such as groceries, online shopping, general merchandise, and more, including alcohol purchases in certain locations. The company's rewards-as-a-service offering, the Ibotta Performance Network, went live in 2021.
| Company type | Public |
|---|---|
Traded as | NYSE: IBTA |
| Industry | Technology, coupons, mobile applications |
| Founded | 2011 |
| Founder | Bryan Leach |
| Headquarters | 1801 California Street, , U.S. |
Area served | United States |
Key people | Bryan Leach (CEO) Luke Swanson Rich Donahue (CMO) Sunit Patel (CFO) James H. Clark Chris Jensen (CRO) Amir El Tabib (Chief Business Development Office) |
| Services | Direct marketing |
Number of employees | 815 (2023) |
| Website | ibotta |
In August 2019, Ibotta received a $1 billion valuation after its Series D funding, and in 2023, the company surpassed $1.5 billion cash rewards paid to over 50 million consumers since the company's founding. Ibotta became a publicly traded company in April 2024 with a listing on the New York Stock Exchange.