Ibotta, Inc.

Ibotta, Inc. (IBTA) priced its initial public offering on Apr 18, 2024 at $88.00 per share, above its $76.00–$84.00 range, raising $577.3M, and listed on NYSE. At the IPO price its market capitalization was about $2.66B. Goldman Sachs was lead-left underwriter, joined by Citigroup, BofA Securities and Evercore ISI and others. Wilson Sonsini advised the company and Willkie Farr & Gallagher advised the underwriters.

Ibotta, Inc. is a technology company that lets consumer packaged goods brands deliver digital promotions to consumers through the Ibotta Performance Network, which works with major retailers in the United States. It is paid only when a promotion results in a sale.

Status

IPO

Ticker

IBTA

Exchange

NYSE

Priced

Apr 18, 2024

IPO price

$88.00

Price range

$76.00–$84.00

Raised

$577.3M

Market cap at IPO price

$2.66B

First filed

Mar 22, 2024

Underwriters

Goldman Sachs, Citigroup, BofA Securities, Evercore ISI, UBS, Wells Fargo, Citizens JMP, Needham and Raymond James

Company counsel

Wilson Sonsini

Underwriters' counsel

Willkie Farr & Gallagher

Sector

Business services

Country / state

CO

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.