About Instructure
Instructure is an Education company based in Salt Lake City (United States) founded in 1999, and was acquired by KKR in July 2024. Cloud-based learning management systems are provided for educational courses. It operates in the Education and Technology sectors. Instructure has raised $88.85 million across 8 funding rounds from investors including KKR, Bessemer Venture Partners and Thoma Bravo. Instructure has completed 10 acquisitions, including Certica Solutions, Concentric Sky and EesySoft. Its website instructure.com draws about 387.1 million monthly visits. Instructure offers products and services including Canvas LMS, Mastery Connect, Impact, and LearnPlatform. Its focus areas include Enterprise Infrastructure, Open Source, EdTech and Higher Education Tech. Its legal entity is Instructure, Inc. Its competitors include 2U, CYPHER LEARNING and Academic Partnerships; 2 of its 3 listed competitors have raised funding.
Company details
Instructure offers Canvas, an enterprise-level, cloud-native software platform that teachers and students use to manage learning experience for in-person and online courses, including posting and submitting assignments, private and group communication, and integrating with educational apps and social media channels. It integrates drag-and-drop file uploaders, HTML5 video, automatic speech-to-text conversion applications, web tools, and social media platforms like Google Docs and Facebook. The company launched Canvas Network, which allows users to make their courses open to the public and experiment with various class sizes and teaching styles.
- Headquarters Salt Lake City, United States
- Stage Acquired
- SectorsEducationTechnology
- Website category Science and Education · Education
- Email••••••••
- Phone•••• ••••
- Website instructure.com
- Social LinkedIn X Facebook YouTube
- Acquired by Thoma Bravo (Dec 2019)
- Legal Name Instructure, Inc.
- Total Equity Funding$88.85M (USD)
in 8 rounds
- Latest Funding Round$40M (USD), Post-IPO
Nov 2021
- InvestorsKKR
& 9 more
- Investments & AcquisitionsCertica Solutions
& 9 more
- Acquired by
Products & Services of Instructure
Instructure offers a comprehensive portfolio of products and services, including Canvas LMS, Mastery Connect, Impact, and LearnPlatform.
Platform for teaching and learning activities
Drives learning outcomes with high-quality assessments
Optimizes edtech usage and communication tools
Supports evidence-based decisions on edtech investments
Apps and channels of Instructure
its YouTube channel Instructure: The Makers of Canvas has 31K subscribers.
Funding Insights of Instructure
Instructure has successfully raised a total of $88.85M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $40 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $88.85M
- Total Rounds 8
- Last Round Post-IPO — $40M
- First Round $850,000
(Mar 2006)
- Investors Count 7
All 8 funding rounds of Instructure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $40M | Post-IPO | – | – | |
| Jan 2021 | $42,620 | Grant | – | – | |
| Mar 2019 | $16.28M | Post-IPO | – | – | – |
| Feb 2015 | $40M | Series E | – | Insight Partners | |
| Jun 2013 | $30M | Series D | – | Bessemer Venture Partners | |
| Aug 2012 | $10M | Series C | – | – | – |
| Apr 2011 | $8M | Series B | – | OpenView, EPIC Ventures | |
| Mar 2006 | $850,000 | Seed | – | – | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Instructure
Instructure has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KKR, Bessemer Venture Partners and Thoma Bravo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
US expansion-stage companies are invested in by OpenView. | openviewpartners.com | Boston, United States | ||
Early-stage technology companies are funded by this venture capital firm. | epicvc.com | Salt Lake City, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
US seed and early-stage companies are funded by Tomorrow Ventures. | tomorrowvc.com | Palo Alto, United States | ||
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Private equity investments are made in technology-enabled growth companies. | dragoneer.com | San Francisco, United States | ||
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
TD Tim Draper | Venture capitalist, founder of Draper Associates, early Bitcoin investor, active in India | unknown_7fa459c759ea4e738 |
Investor details for Instructure
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Instructure
361 people are tracked at Instructure (119 in leadership, 1 in board & advisors, 241 in team).
| Name | Role | Group |
|---|---|---|
Rob Cote | Director, Client Services | Leadership |
Shiren Vijiasingam | Chief Product Officer | Leadership |
Andrea Fenwick | Director, Global HR Service Delivery | Leadership |
Matthew Pittinsky | Chief Strategy Officer | Leadership |
Sidharth Oberoi | Sector Strategy Vp, Global Strategy | Leadership |
David Demres | Head Of Strategic Initiatives | Leadership |
Nicole Adams | Sr. Director, Corporate Dev & Partnerships | Leadership |
Christopher Downs | Vice President Of Strategic Growth | Leadership |
Tahnee Sumner | Global Director Of Talent Acquisition | Leadership |
Arohi Desai | Director Of Product Management | Leadership |
Jill Harnish | Director, Global Payroll | Leadership |
Kriszta Jakab | Senior People Business Partner, R&d | Leadership |
Harrison Kelly | Managing Director, APAC | Leadership |
Kevin Meredith | Director Of Product Marketing | Leadership |
Alex Liberatore | Director Fp&a, P&l | Leadership |
Andy Kuritzky | Senior Director Product, Platform | Leadership |
Stephanie Liosatos | Marketing Director, APAC | Leadership |
Steve Daly | Chief Executive Officer | Leadership |
Melissa Loble | Chief Academic Officer | Leadership |
Zach Pendleton | Chief Architect | Leadership |
341 more people are available in the full profile.
Complete people profiles for Instructure
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Instructure
Instructure has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Certica Solutions, Concentric Sky and EesySoft.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Managaement software solutions provider for the student lifecycle | scribsoft.com | Charlotte, United States | 2010 | Jul 2024 | •••• | |
Electronic transcripts are verified and shared securely through Parchment's platform. | parchment.com | Phoenix, United States | 2003 | Oct 2023 | •••• | |
Edtech solutions are analyzed and researched through an online platform. | learnplatform.com | Raleigh, United States | 2014 | Dec 2022 | •••• | |
Software design and development services are provided by Concentric Sky. | concentricsky.com | Eugene, United States | 2005 | Apr 2022 | •••• | |
Educational management solutions are delivered through cloud-based integration tools. | kimonocloud.com | Salt Lake, United States | 2012 | Nov 2021 | •••• | |
Software solution for analyzing and enhancing technology adoption in organizations. | eesysoft.com | Amsterdam, Netherlands | 2009 | Jul 2021 | •••• | |
Assessment and data quality solutions are offered for K-12 schools. | certicasolutions.com | Wakefield, United States | 2001 | Dec 2020 | •••• | |
Assessment and data solutions are developed for K-12 education. | masteryconnect.com | Salt Lake, United States | 2009 | Apr 2019 | $42.5M | |
Students and employers are connected via digital skills portfolios. | portfolium.com | San Diego, United States | 2012 | Feb 2019 | $43M | |
Professional development solution for educators | practice.xyz | Philadelphia, United States | 2011 | Nov 2017 | $28M |
Complete acquisition details for Instructure
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Exports
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Timeline of Instructure
16 dated milestones of Instructure across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Instructure is founded.
- Funding First funding round of $850K.
- Acquisition Acquires Practice XYZ.
- Acquisition Acquires Portfolium.
- Acquisition Acquires MasteryConnect.
- Exit Acquired by Thoma Bravo.
- Acquisition Acquires Certica Solutions.
- Acquisition Acquires EesySoft.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Kimono.
- Funding Latest funding round, Post-IPO, of $40.0M.
- Acquisition Acquires Concentric Sky.
- Acquisition Acquires LearnPlatform.
- Acquisition Acquires Parchment.
- Exit Acquired by KKR.
- Acquisition Acquires Scribbles.
Competitors of Instructure
Instructure has 3 listed competitors in our database, 2 of them funded. They include 2U, CYPHER LEARNING and Academic Partnerships.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 2u.com | 2008 | Annapolis, United States | $100.91M | 2,364 | Learning platforms are provided for students from preschool to college. | |
| cypherlearning.com | 2015 | Plano, United States | $40M | Provider of cloud and app-based learning management system for schools and corporates | ||
| academicpartnerships.com | 2007 | Dallas, United States | 675 | Online degree programs are facilitated via university partnerships. |
Detailed competitors of Instructure
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Instructure
The website of Instructure (instructure.com) receives about 387.1M visits a month and ranks #100 among all websites worldwide, #2 in Education.
- Monthly visits387.1M
▲ 21.9% vs previous month
- Unique visitors18.7M
per month
- Global rank#100
among all websites
- Category rank#2
Science and Education · Education
- Bounce rate18%
- Pages per visit7.8
- Average visit9 min 47 sec
- DevicesDesktop 88% · Mobile 12%
Websites whose visitors overlap most with Instructure. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| clever.com | 100% | 120.1M | #502 | View details | |
zerogpt.com | zerogpt.com | 98% | #3,389 | – | |
| quizlet.com | 92% | 67.6M | #613 | View details | |
| canvas.net | 92% | 62.9K | #489,719 | View details | |
| grammarly.com | 90% | 55.9M | #595 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Instructure
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- 40 similar websites
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Top companies in Education Technology Platforms
3 companies that operate in the same segment as Instructure (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Related news about Instructure
Complete news archive for Instructure
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Frequently Asked Questions about Instructure
Instructure was founded in 1999 and raised its 1st funding round 7 years after it was founded.
Instructure is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Instructure is a funded company, having raised a total of $88.85M across 8 funding rounds to date. The company's 1st funding round was a Seed of $850K, raised on Mar 2006.
Instructure offers Canvas, an enterprise-level, cloud-native software platform that teachers and students use to manage learning experience for in-person and online courses, including posting and submitting assignments, private and group communication, and integrating with educational apps and social media channels. It integrates drag-and-drop file uploaders, HTML5 video, automatic speech-to-text conversion applications, web tools, and social media platforms like Google Docs and Facebook. The company launched Canvas Network, which allows users to make their courses open to the public and experiment with various class sizes and teaching styles.
Instructure's top competitors include 2U, CYPHER LEARNING and Academic Partnerships.
Instructure offers Canvas LMS, Mastery Connect, Impact, and LearnPlatform.
Instructure has made 10 acquisitions, including Certica Solutions, Concentric Sky, and EesySoft.
Instructure has 10 investors. Key investors include KKR, Bessemer Venture Partners, Thoma Bravo, European Union, and Insight Partners.
Instructure operates through Instructure, Inc..
Yes. Instructure was acquired by Thoma Bravo in December 2019.
The website of Instructure receives about 387.1 million visits a month and ranks #100 among all websites worldwide.