Instructure

Salt Lake City, United States Founded: 1999 • Age: 27 yrs Acquired By KKR
Cloud-based learning management systems are provided for educational courses.
Annual revenue - Latest available
Total funding $88.9M 8 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Instructure

Instructure is a company based in Salt Lake City (United States) founded in 1999 was acquired by KKR in July 2024. 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. Instructure offers products and services including Canvas LMS, Mastery Connect, Impact, and LearnPlatform. Instructure operates in a competitive market with competitors including D2L, Toddle, 2U, CYPHER LEARNING and Academic Partnerships, among others.

  • Headquarter Salt Lake City, United States
  • Stage Public
  • Sectors
    Education
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Instructure, Inc.
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $88.85 M (USD)

    in 8 rounds

  • Latest Funding Round
    $40 M (USD), Post-IPO

    Nov 17, 2021

  • Investors
    KKR

    & 9 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    KKR

    & 1 more

    (Jul 25, 2024)

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Products & Services of Instructure

Instructure offers a comprehensive portfolio of products and services, including Canvas LMS, Mastery Connect, Impact, and LearnPlatform.

Product name locked
Category locked
Primary

Platform for teaching and learning activities

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Drives learning outcomes with high-quality assessments

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Optimizes edtech usage and communication tools

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Supports evidence-based decisions on edtech investments

People of Instructure

Headcount 1000-5000
Employee Profiles 360
Board Members and Advisors 1
Employee Profiles
People
Ryan McMahan
Principal Product Designer - Canvas
People
Rob Cote
Director, Client Services
People
Dianne Stephenson
Data Analyst
People
Shiren Vijiasingam
Chief Product Officer

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Board Members and Advisors
people
Charles Goodman
Chair

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
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US expansion-stage companies are invested in by OpenView.
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Early-stage technology companies are funded by this venture capital firm.
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Investor details for Instructure

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  • Investor locations
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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.

Investments
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Investment portfolio details for Instructure

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Edtech solutions are analyzed and researched through an online platform.
Locked Locked 2014 Locked
Educational management solutions are delivered through cloud-based integration tools.
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Students and employers are connected via digital skills portfolios.
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Complete acquisition details for Instructure

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Financial Statements - Instructure

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Detailed financials for Instructure

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Instructure Comparisons

Instructure Primary company
Description
Cloud-based learning management systems are provided for edu...
Location
Salt Lake City, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Instructure

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Competitors of Instructure

Instructure operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as D2L, Toddle, 2U, CYPHER LEARNING and Academic Partnerships, among others.

Company Name Domain Founded year HQ Location Description
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Learning management systems are provided for multiple sectors.
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Toddle is operated as a childcare search and comparison platform in Australia.
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Learning platforms are provided for students from preschool to college.
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Provider of cloud and app-based learning management system for schools and corporates
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Online degree programs are facilitated via university partnerships.
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Detailed competitors of Instructure

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Latest news on Instructure

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Complete news archive for Instructure

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  • Source and publication date
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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.

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 D2L, 2U and Moodle.

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.

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