Bryan Leach Explained

Bryan Leach
Birth Place:Nairobi, Kenya
Education:Harvard University (BA)
Magdalen College, Oxford (MPhil)
Yale University (JD)
Occupation:Entrepreneur and lawyer
Known For:Founder and CEO of Ibotta

Bryan Leach is an American entrepreneur and former lawyer. He is the founder and CEO of Ibotta.

Early life and education

Leach was born in Nairobi, Kenya.[1] The family migrated to the U.S. and after his father graduated from Harvard Business School, they moved to Atlanta, Georgia.[2] Leach went on to attend Harvard University, Oxford University as a Marshall Scholar, and Yale Law School.[3]

Career

Legal work

In 2006, after graduating from Yale Law School, Leach spent a year serving as a law clerk for Justice David Souter at the U.S. Supreme Court.

Leach was a partner at the Bartlit Beck Herman Palenchar & Scott law firm.[4] While at Bartlit Beck, Leach conceived the idea for Ibotta when he was on a flight and saw someone using a phone to take photos of business cards and receipts in order to submit expenses.[5]

Ibotta

See main article: article and Ibotta. Leach founded Ibotta in 2011, and has since served as its chief executive officer.[6] Ibotta is a technology company that provides cash back rewards to consumers on qualifying purchases through its network of publisher partners and along with its direct-to-consumer properties.[7] [8] [9]

Under Leach's leadership, Ibotta reached a $1 billion valuation in 2019 after its Series D funding.[10] Ibotta became a publicly traded company in April 2024 with a listing on the New York Stock Exchange[11] and partners with retailers such as Walmart, Dollar General and Coca-Cola.[12]

In June 2015, Leach received the Entrepreneur of the Year award for the Mountain-Desert region from Ernst & Young.[13] In June 2018, Leach was recognized as a Top 10 CEO in the US for small and medium-sized businesses by Glassdoor.com.[14]

Community involvement

Leach served as a member of the Board of Trustees of Colorado Academy and KIPP Colorado.[15] [16]

In 2019, Leach and his wife made a gift to the Colorado Academy for a new Center for Performing Arts.[17] The Leach Center for Performing Arts replaced the former Froelicher Theatre, which was constructed in 1976.[18]  This new theatre opened in August 2021 and was the fourth and final building of the See it Through capital campaign. Leach's gift also helped create a speech and debate program at CA.

Notes and References

  1. Web site: Chowdhry . Amit . How Ibotta Is Helping Every Day Consumers Save Time And Money . 2024-01-31 . Forbes . en.
  2. Web site: Thought Leader: Bryan Leach gave up a lot to launch Ibotta . subscription . live . https://archive.today/20161210013727/http://www.bizjournals.com/denver/news/2016/09/16/thought-leader-bryan-leach-gave-up-a-lot-to-launch.html . 10 Dec 2016 . 2024-01-31 . The Business Journals.
  3. Web site: 28 May 2017. The story behind Denver's most popular mobile app and why it needed to change . 2024-01-31 . The Denver Post . en-US.
  4. Web site: Ex-Colorado solicitor general, Bartlit Beck alums launch new law firm . Reuters.
  5. Web site: 2019-05-31 . Why Bryan Leach Left His Law Firm To Help Others Save Money . 2024-05-09 . Yahoo Finance . en-US.
  6. Web site: Wiggers . Kyle . 2019-08-06 . Cashback and rebate startup Ibotta secures funding at a $1 billion valuation . 2024-02-04 . VentureBeat . en-US.
  7. Web site: What You Need To Know About Walmart-Backed Ibotta's IPO Plan . 2024-07-05 . Investopedia . en.
  8. News: Cohen . Patricia . 2016-03-31 . The Cities on the Sunny Side of the American Economy . 2024-05-09 . The New York Times . en-US . 0362-4331.
  9. Web site: 2024-03-26 . Denver-based Ibotta files to go public in $100 million stock offering . 2024-04-12 . The Denver Post . en-US.
  10. News: Chernova . Yuliya . Denver Startup Ibotta Reaches $1 Billion Valuation . 2024-05-09 . WSJ . en-US.
  11. Web site: Walmart-Backed Ibotta Rises 17% After $577 Million IPO . 2024-05-09 . www.bloomberg.com.
  12. News: Investors Rush to Buy Ibotta Stock in its IPO . 2024-05-09 . WSJ . en-US.
  13. Web site: Ibotta, Inc's Founder & CEO, Bryan Leach is an EY Entrepreneur of the Year 2015 . delimarketnews.com.
  14. Web site: Skilling . Chaney . 2018-06-21 . Glassdoor puts Ibotta chief on list of 2018 Top CEOs . 2024-02-01 . The Denver Post . en-US.
  15. Web site: Board of Trustees . 2024-02-04 . Colorado Academy.
  16. Web site: Special to The Denver Post . 2008-11-24 . People on the move . 2024-02-04 . The Denver Post . en-US.
  17. Web site: Lee . Allen . 2020-03-20 . 10 Things You Didn't Know About Ibotta CEO Bryan Leach . 2024-05-09 . Money Inc . en-US.
  18. Web site: Communications . 2019-02-12 . $3 million gift sets stage for new Center for the Performing Arts . 2024-05-09 . Colorado Academy News . en-US.