Walmart-backed technology firm Ibotta has officially filed to go public in the United States, according to a recent filing. The Denver-based company, known for offering cash back on groceries and operating as a digital rebate platform, is aiming for an initial public offering (IPO) on the New York Stock Exchange. This move comes amidst a favorable market environment, highlighted by the successful IPOs of Reddit and Astera Labs earlier in the week. Ibotta's decision to file now is seen as a strategic bet on the continuing openness of the market for internet companies. The company is seeking an estimated $250 million through its IPO, under the ticker $IBTA, and is reportedly aiming for a valuation of $2 billion. In the previous year, Ibotta reported a profit of $38 million on revenue of $320 million.