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Instructure
About
Instructure is a learning technology company and the creator of the Canvas learning management system for K-12 and higher education.
- Salt Lake City,Utah,United States
- 501 - 1000
- http://www.instructure.com
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $30M
- Industries
- Cloud Management,EdTech,Education,Information Technology,SaaS
- Founded date
- May 1, 2008
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
- Stock Symbol
- nyse:INST
- Legal Name
- Instructure, Inc.
- Also Known As
- Bridge
Instructure is a technology company that is focused on providing cloud-based learning management software for educational institutions, companies and other organizations. Founded in 2008 by two computer science graduate students, Instructure set out to disrupt the complex legacy learning management system industry by creating Canvas - a simple, yet powerful software system that sets a new standard for open technology in education.Instructure’s Canvas Network has offered more than 300 courses from 150 institutional partners to date and was designed using feedback from instructional design groups at several universities including USC, UNLV, Berkeley, etc. A heavy emphasis was put on usability, with an effort to streamline the most common use cases for a learning management system. Canvas offers integration with other web services and provides simplified tools for grading and assessment.Instructure also works closely with Unizin, a new consortium led by four major institutions, including Indiana University, Colorado State University, University of Florida and University of Michigan. This consortium uses Canvas as its foundational platform for improving student outcomes.Instructure Inc. is based in Salt Lake City, Utah where the software is developed and supported on the east bench of the Wasatch Mountains.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 22, 2021 | IPO | $250M | — | — | — | Detail |
| Feb 19, 2015 | Series E | $40M | 4 |
Insight Partners
|
— | Detail |
| Jun 5, 2013 | Series D | $30M | 3 |
Bessemer Venture Partners
|
— | Detail |
| Aug 17, 2012 | Series C | $10M | — | — | — | Detail |
| Apr 15, 2011 | Series B | $8M | 4 |
TomorrowVentures
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Insight Partners
|
Yes | Series E |
|
Bessemer Venture Partners
|
— | Series E |
|
|
— | Series E |
|
|
— | Series E |
|
TomorrowVentures
|
— | Series D |
Draper Associates
|
— | Series B |
Josh Coates
|
— | Series A |
Employee Profiles
Acquisition
Instructure has acquired 8 organizations. Their most recent acquisition was Practice on Nov 28, 2017. They acquired Practice for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Nov 28, 2017
Practice
|
Corporate Training | acquisition | — | Detail |
|
Feb 19, 2019
Portfolium
|
College Recruiting | acquisition | — | Detail |
|
Apr 2, 2019
MasteryConnect
|
E-Learning | acquisition | — | Detail |
|
Dec 10, 2020
Certica Solutions
|
E-Learning | acquisition | — | Detail |
|
Jul 1, 2021
EesySoft
|
Education | acquisition | — | Detail |
