Ibotta, a startup whose platform doles out rewards for in-store and online purchases, today announced a series D funding round led by Koch, Inc. subsidiary Koch Disruptive Technologies, at a $1 billion valuation.
The size of the raise wasn’t disclosed, but it comes after three previous rounds totaling roughly $85 million.
CEO Bryan Leach said the capital infusion will enable Colorado-based Ibotta to accelerate its hiring plans over the next year and expand its two-floor downtown Denver headquarters.
