The consumer rewards app developer is now valued at $1bn following a series D round of undisclosed size that was led by Koch Disruptive Technologies.
Koch Disruptive Technologies, the venture capital arm of industrial and chemicals conglomerate Koch Industries, led a series D round of undisclosed size for US-based shopping rewards provider Ibotta yesterday at a $1bn valuation.
Ibotta operates a mobile shopping app that partners brands and retailers to offer shoppers cash rewards when they make certain purchases, in brick-and-mortar stores as well as through apps and websites. It has been downloaded more than 35 million times.
The funding will fuel the company’s growth…
