Not great and getting worse - Anonymous employee Ibotta Employee Review

2.0
21 Dec 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Some of my coworkers were really smart and kind people. If I found myself in a position to work on a project with those people and they also happened to enjoy being collaborative, really great things would happen. - The fast-paced environment allowed/forced me to learn new things at a rapid pace (which isn't always a pro)

Cons

- Both pay and the process (if you can call it that) around promotions and raises are terrible. Raises only happen when you seem like a real flight risk. - Management is pretty clueless across the board. Most of the people with power and influence made their way into those positions because they joined the company very early on and stayed around long enough to ride the coattails of company growth up the ladder. Almost everyone in management has never held their current position before, so they have no idea how to perform the duties of their role and there is no sense that they're working on improving. - Turnover is abysmal. The senior leadership team tries to spin this as normal turnover for a high growth company, but in reality, most people are leaving for the reasons listed above and/or they are fired with little notice because they don’t drink the Ibotta kool-aid. - To drive the turnover problem point home, there has been a shocking level of instability on the senior leadership team. Over the past year, the CFO, the CPO (chief people officer), and the CMO have all left the company (seemingly because they were fired, but it was unclear). - “Transparency” is a core value at Ibotta, but this is generally displayed through vanity metrics about how well the company is doing. Any question directed at the senior leadership team around the issues listed above is met with aggression and condescension.

Explore other reviews about Ibotta

5.0
16 Jan 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Fast paced environment, fulfilling and exciting work.

Cons

none that i can think of

2.0
17 Apr 2026
Recommend
CEO approval
Business outlook

Pros

The best people I've worked with in Denver Interesting product and modern tech stack Lots of opportunity to grow Free Lunches and Unlimited PTO (that you can actually take)

Cons

Return to office is stressing out all the people who have been around ibotta for 5 or more years, people who have the most context on the product that we sell. It feels like ibotta is in a high-pressure post IPO period, trying to thin its people out by slowly taking away benefits. A few years ago it felt like there was some great hype around our products (IPN, Walmart), but now the hype feels fake around leadership. Standups have gotten really boring and I don't feel like any ICs and lower-level managers are actually excited about projects. The office used to be friendly and fun without the feeling of "you better get stuff done now!", but now it feels like few people smile and are friendly anymore. Same people, but just under lots more pressure to perform. The "common good" of teams working together is deteriorating a little bit. It feels like people don't want to collaborate and help out as much as they used to.

10
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