Internship

Machine Learning Intern

Confirmed live in the last 24 hours

ibotta

ibotta

501-1,000 employees

Shopping rewards app for cash-back offers

Consumer Software
Consumer Goods

Compensation Overview

$35.77Hourly

Denver, CO, USA

Hybrid position requiring 3 days in-office per week.

Category
Applied Machine Learning
AI & Machine Learning
Required Skills
Python
Tensorflow
Pytorch
Apache Spark
SQL
Data Analysis
Requirements
  • Juniors working towards a bachelor’s degree with a focus in Computer Science, Engineering, Data Analytics or a related field
  • Proven ability to think creatively and implement ideas from start to finish
  • Good written and verbal communication skills
  • Hunger to learn and collaborate with your teammates
  • Good understanding of the key concepts of Recommender Systems and Machine Learning
  • Proven expertise with data handling, processing, statistical and analytical skills
  • Python experience is required, as well as experience with either Tensorflow or PyTorch
  • Spark/PySpark experience is an additional plus
  • Ability to develop and maintain ML models, in addition to being able to visualize, analyze, and communicate results
  • Experience with SQL required
  • Good understanding of A/B testing and control group concepts
Responsibilities
  • Work with the mentor on understanding our models, users and clients.
  • Build, train, and validate deep learning, recommender, and reinforcement learning
  • Run statistical analysis and create predictive models based on past user purchases and behavior
  • Develop recommender systems and machine learning algorithms for user targeting and personalization
  • Build well tested, maintainable, and extendable code
  • Report and understand system performance in detail, and identify ideas for improvement
  • Embrace and uphold Ibotta’s Core Values: Integrity, Boldness, Ownership, Teamwork, Transparency & A good idea can come from anywhere

Ibotta operates a shopping rewards app that connects brands with millennial consumers by offering cash-back rewards for purchases. Users earn cash back by shopping at partner retailers, which encourages them to shop more frequently and spend more per visit. Brands and retailers collaborate with Ibotta to promote their products through targeted advertising within the app, especially during major shopping events like Black Friday. Ibotta generates revenue by charging brands for featured placements and marketing campaigns designed to increase sales velocity and conversion rates. The company differentiates itself by providing valuable insights and tools that help brands understand consumer behavior, making it easier for them to reach their target audience effectively. Ibotta's goal is to enhance brand awareness and drive incremental sales for its partners while providing a rewarding shopping experience for consumers.

Company Stage

IPO

Total Funding

$58.4M

Headquarters

Denver, Colorado

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

3%

2 year growth

10%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ibotta's successful IPO and strong market capitalization of $3.1 billion indicate robust financial health and growth potential.
  • The company's innovative marketing strategies, such as the 'Make It Rain' experiential campaign, demonstrate a commitment to creative consumer engagement.
  • Partnerships with major retailers like Walmart and Schnucks enhance Ibotta's market reach and credibility.

What critics are saying

  • The competitive landscape of the shopping rewards market could pressure Ibotta to continuously innovate to maintain its edge.
  • Dependence on partnerships with major retailers means that any disruption in these relationships could significantly impact Ibotta's business.

What makes ibotta unique

  • Ibotta's focus on millennial consumers and cash-back rewards sets it apart from traditional loyalty programs that may not resonate as strongly with this demographic.
  • The company's ability to drive incremental sales through targeted marketing campaigns provides a measurable ROI for brands and retailers, unlike more generic advertising platforms.
  • Ibotta's partnerships with major retailers like Walmart and its innovative experiential campaigns highlight its commitment to engaging consumers in unique and memorable ways.

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Benefits

Parental leave

Onsite gym

Dinner perk

Healthcare coverage

Culture club

401(k) match

Team wide bonus

Flexible time off

Equity

Lifestyle spending account