# Ibotta funding: rounds and investors

> Ibotta has raised $85M across 5 rounds since 2013. Investors include Great Oaks Venture Capital, James H. Clark and Tom Jermoluk. Every round with its source.

Source: https://millionrounds.com/company/ibotta (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Ibotta*

5 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps Internet

Valuation: $1.0B, Apr 2022

Funding summary Updated 26 Oct 2026

**$85M** raised across 5 rounds since 2013, from 5 sources

**$20M** Series B **$40M** Series C **$25M** Series D

- **Latest round:** Venture Aug 2019
- **Biggest round:** $40M Series C · Sept 2015
- **Investors:** 10

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017 2018 2019

**?** Series A

**$20M** Series B

**$40M** Series C

**$25M** Series D

**?** Venture

- **First round:** Series A
- **Biggest round:** $40M
- **Usual gap between rounds:** 22 months

## The rounds

- **Aug 2019** Venture **Amount undisclosed** *2 new* *1 returning* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [Notable Capital](https://millionrounds.com/fund/notable-capital) Source recorded
- **Aug 2017** Series D **$25M** *2 new* [Haystack](https://millionrounds.com/fund/haystack) GGV Capital/ Harbor Spring Reported by Nibletz SEC filing: $25M sold, first sale Jul 2017
- **Sept 2015** Series C **$40M** *1 new* *3 returning* [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [Thomas Lehrman](https://millionrounds.com/fund/thomas-lehrman) [James H. Clark](https://millionrounds.com/fund/james-h-clark) [Tom Jermoluk](https://millionrounds.com/fund/tom-jermoluk) From a historical funding record SEC filing: $39M sold, first sale Oct 2015
- **Jun 2014** Series B **$20M** *4 new* *1 returning* [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [James H. Clark](https://millionrounds.com/fund/james-h-clark) [Tom Jermoluk](https://millionrounds.com/fund/tom-jermoluk) [Netscape](https://millionrounds.com/fund/netscape) Healtheon/Web MD From a historical funding record SEC filing: $20M sold, first sale May 2014
- **May 2013** Series A **Amount undisclosed** *1 new* [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) From a historical funding record

## Founders and team

From Ibotta's own website and the SEC filings it signed: 1 founder, 7 on the team.

**Bryan W. Leach** Founder & Chief Executive Officer *Named on its 2017 Form D*

- **Amir El Tabib** Chief Business Development Officer
- **Chris Riedy** Chief Revenue Officer
- **David Shapiro** Chief Legal Officer
- **Luke Swanson** Chief Technology Officer
- **Marisa Daspit** Chief People Officer
- **Matt Puckett** Chief Financial Officer
- **Ian Karsten Voermann** Executive Officer i

On the board, as filed i *Amit N. Doshi* *James H. Clark* *Larry W. Sonsini* *Thomas D. Lehrman* *Thomas H. Jermoluk*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2013 **Series B** 2014 **Series C** 2015 **Series D** 2017 **Venture** 2019 [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [James H. Clark](https://millionrounds.com/fund/james-h-clark) [Tom Jermoluk](https://millionrounds.com/fund/tom-jermoluk) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Haystack](https://millionrounds.com/fund/haystack) [Notable Capital](https://millionrounds.com/fund/notable-capital) [Thomas Lehrman](https://millionrounds.com/fund/thomas-lehrman) [Netscape](https://millionrounds.com/fund/netscape) GGV Capital/ Harbor Spring Healtheon/Web MD

## Everyone who backed them

[Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) VC firm **4** rounds

[James H. Clark](https://millionrounds.com/fund/james-h-clark) Growth equity **2** rounds

[Tom Jermoluk](https://millionrounds.com/fund/tom-jermoluk) Growth equity **2** rounds

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Haystack](https://millionrounds.com/fund/haystack) VC firm **1** round

[Notable Capital](https://millionrounds.com/fund/notable-capital) VC firm **1** round

[Thomas Lehrman](https://millionrounds.com/fund/thomas-lehrman) VC firm **1** round

[Netscape](https://millionrounds.com/fund/netscape) Corporate VC **1** round

GGV Capital/ Harbor Spring no record of our own yet **1** round

Healtheon/Web MD no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ibotta).

## Also claim to have backed them

These 2 firms list Ibotta as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Boulder Food Group](https://millionrounds.com/fund/boulder-food-group) VC firm Per its own site

[Teamworthy Ventures](https://millionrounds.com/fund/teamworthy-ventures) VC firm Per its own site

## Quick answers about Ibotta

### Who invested in Ibotta?

Ibotta's investors include Great Oaks Venture Capital, James H. Clark, Tom Jermoluk, FJ Labs and Haystack, and 5 more on record.

### How much has Ibotta raised?

Ibotta has raised $85M across 5 rounds since 2013. 2 rounds did not disclose an amount, so the total is a floor.

### When did Ibotta last raise?

Ibotta's most recent round was a Venture in Aug 2019.

### What was Ibotta's biggest round?

Ibotta's largest round on record is $40M (Series C), in Sept 2015.

### Who backed Ibotta first?

Ibotta's first round on record, in May 2013, was backed by Great Oaks Venture Capital.

### What stage is Ibotta at?

Ibotta's latest named round is a Venture, in Aug 2019.

### Where is Ibotta based?

Ibotta is based in the United States.

## Companies like Ibotta

In the same sector, and raised in the last eighteen months.

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