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Ibotta raises $20 million for money-back app

Denver Business Journal

Ibotta Inc., the Denver-based maker of a shopper-rewards app, raised $20 million in equity financing as it expands its money-back app's reach beyond grocery stores to restaurants, electronics stores and other retailers. The two-year-old company reported the round in a Securities & Exchange Commission filing. The new funding adds to the $9.6 million Ibotta had previously reported that it raised.