IBOTTA IS ONE OF INC. MAGAZINE'S BEST WORKPLACES 2017

DENVER, June 1, 2017 /PRNewswire-iReach/ -- Ibotta, the mobile shopping app whose users have earned more than $210 million in cash-back rebates on everyday purchases, has been named one of Inc. magazine's Best Workplaces for 2017, the publication's second annual ranking in the fast-growing private company sector.

Hitting newsstands today in the June 2017 issue, and as part of a prominent inc.com feature, the list is the result of a wide-ranging and comprehensive measurement of private American companies who have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits. Out of thousands of applicants, Inc. singled out just over 200 winning companies.

Built in partnership with employee engagement and work culture experts Quantum Workplace of Omaha, Nebraska, Inc.'s Best Workplaces list is a magnifying glass on how innovative companies can truly raise the bar in hiring and retaining the best talent.

What does it take to become a company that workers want to be part of? Inc. magazine says it's more than good pay and good perks – it's also about having a clear purpose, a sense of humor, and leadership that makes the two work together.

"When people think of Denver's work culture, most imagine a laidback, mountain lifestyle. And while we do love all that Colorado has to offer, we've built our own culture – as well as a world-class organization – here at Ibotta," said Bryan Leach, founder and CEO of Ibotta. "We're honored to be recognized by Inc.'s Best Workplaces, but the true honor comes from our employees who have helped make our culture a cornerstone of Ibotta's success."

The 2017 Inc. Best Workplaces Awards assessed applicants on the basis of benefits offered and employees' responses to a unique, 30-question survey fielded by each of the applying companies. Responses were evaluated by the research team at Quantum Workplace. For its results to qualify, each company had to achieve a statistically significant response rate based on employee count. Survey scores account for employer size to level the playing field between small and large businesses. All companies had to have minimum of 10 employees and to be U.S.-based, privately held, and independent – that is, not subsidiaries or divisions of other companies. 

While researching the entries, Inc. and Quantum saw distinct themes develop: 

• Strong company cultures breed stunning individual and team performance.
• Workers at the best companies don't view their employers as sugar daddies. They aren't mesmerized by whatever giveaways seem to be the latest fad—be it gourmet lunches or beer fridges.
• When employees feel valued by their organization, they are far more likely to be engaged. This single factor proved to be one of the largest drivers of employee engagement.
• Company values and associated key behaviors are critical elements to creating and maintaining culture at a high growth company such as Ibotta, which is why we hold transparent, all-team meetings twice a week, accompanied by 90s hip hop; have a monthly cookie break to meet all of our newest team members; and surprise our team with celebrations, our favorite being a private showing of Rogue One.

"By introducing an employee survey into this year's Best Workplaces selection process, we've really raised the bar. Companies that don't score at the very top of their peer group don't make the cut. So, our hats are off to the winners. They all excelled at engaging their workers, making them feel appreciated, and aligning them behind a mission. And remember, that's not just our opinion: The employees told us that themselves."

About Ibotta

Ibotta is transforming the shopping experience by making it easy for consumers to earn cash back on everyday purchases through a single smartphone app. The company partners with leading brands and retailers to offer rebates on groceries, electronics, clothing, restaurant dining, beer, wine, spirits and more. As the premier destination for rewarded shopping on mobile, Ibotta has paid out more than $210 million in cash back to its users, and is one of the five most frequently used shopping apps in the United States.

About Inc. Media

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders.  Winner of Advertising Age's "The A-List" in January 2015, and the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 40,000,000 today.  For more information, visit http://www.inc.com/.

About Quantum Workplace

Quantum Workplace is an HR technology company that serves organizations through employee engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit www.quantumworkplace.com.

Media Contact:Jennifer Lyle, Barokas Public Relations, 931-241-0566, jennifer.lyle@barokas.com

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SOURCE Ibotta