When was Instructure founded?

Instructure was founded in 1999 and raised its 1st funding round 7 years after it was founded.

Where is Instructure located?

Instructure is headquartered in Salt Lake City, United States.

How many employees does Instructure have?

As of Apr 30, 2026, the latest employee count at Instructure is 2217.

Is Instructure a funded company?

Instructure is a funded company, having raised a total of $105M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 10, 2006.

How much is Instructure worth?

The last known valuation of Instructure was $***** as of Jul 25, 2024.

When was the latest funding round of Instructure?

Instructure's latest funding was a $***** Post IPO round on Nov 17, 2021, with participation from 3 investors.

What is the annual revenue of Instructure?

Annual revenue of Instructure is $530M as on Dec 31, 2023.

Where does Instructure rank among its competitors?

Instructure ranks 4th amongst 1281 active competitors, of which 77 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was LEAD School, which secured $315K in Jun, 2025.

Who are the top competitors of Instructure?

Instructure's top competitors include PowerSchool, Classplus and D2L. Among them, LEAD School secured the most recent funding round in June, 2025.

Instructure - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of learning management system and assessment and credential solutions. The company delivers tools for K–12, higher education, business, and government sectors. It offers solutions for teaching and learning, data and insights, and student engagement. The company's platform enhances instruction and outcomes with tools and insights.

Website: www.instructure.com/
Social
Email ID: *****@instructure.com
Phone Number: +1 **********

Key Metrics

Founded Year

1999

Location

Salt Lake City, United States

Stage

Acquired

Total Funding

$105M in 8 rounds

Latest Funding Round

Post IPO, Nov 17, 2021, $*****

Last Known Valuation

$***** as on Jul 25, 2024

Investors

Insight Partners & 12 more

Ranked

4^th among 1281 active competitors

Annual Revenue

$530M as on Dec 31, 2023

Employee Count

2,217 as on Apr 30, 2026

Investment & Acquisitions

Scribbles & 10 more

Similar Companies

PowerSchool & 1711 more

Exit Details

Acquired by KKR (Jul 25, 2024)

View Instructure's full profile

Instructure is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INSTRUCTURE INC CIN: 1355754 , United States, Active	Sep 17, 2008	$258M (As on Dec 31, 2019)	1095 (As on Dec 31, 2023)	-
INSTRUCTURE HOLDINGS, INC. CIN: 1841804 , United States, Active	Jan 13, 2020	$530M (As on Dec 31, 2023)	-	-

Instructure got acquired by KKR and Dragoneer Investment Group on Jul 25, 2024 at an acquisition amount of $*****.

Click here to take a look at Instructure's acquisition in detail

Instructure has raised a total funding of $105M over 8 rounds. Its first funding round was on Mar 10, 2006. Its latest funding round was a Post IPO round on Nov 17, 2021 for $*****. 3 investors participated in its latest round. Instructure has 12 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Instructure:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 17, 2021	1281344	Post IPO	4312077	6386574	8801964	5971849
Jan 01, 2021	9808659	Grant (prize money)	4207943	6896959	1082458	Europa
Mar 05, 2019	4257324	Series E	4304000	8316692	2552583	7856928

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View details of Instructure's funding rounds and investors

The founders of Instructure are Brian Whitmer and Devlin Daley. Steve Daly is the CEO of Instructure.

Here are the details of Instructure's key team members:

Brian Whitmer: Former Co-Founder of Instructure and founder of 1 other company. They serve on the board of 1 company.
Devlin Daley: Co-Founder and CTO of Instructure and founder of 1 other company.
Steve Daly: CEO of Instructure.
Contact Info: 1 email address

Instructure's Board of Directors

Instructure's board has 19 active members. Ellen Levy, Brian Whitmer, Nick Efstratis, Adam Marcus, Daniel Goldsmith, Steve Collins, Kevin Thompson, Byron Deeter, Bill Conroy, Firas Raouf, Steven A. Collins, Steven B. Kaminsky, NICK ESFRATIS, Joshua L. Coates, JOSHUA COATES, WEBB MARK, William M. Conroy, Steven Kaminsky and Lloyd G. Waterhouse are independent board members.

Here is the list of Instructure's board of directors:

Name	Type	Representing	Status	Duration
Ellen Levy	Independent board member	-	Current	7y 2m
gsmlwgd	Independent board member	-	Current	3y 2m
vml{csx	Independent board member	-	Current	3y 7m
rhxkgsw	Independent board member	-	Current	6y 4m
{ztswls	Independent board member	-	Current	2y 9m
emmpqwm	Independent board member	-	Current	4y 1m
ptolahc	Independent board member	-	Current	2y 4m
wbotezn	Independent board member	-	Current	2y 1m
qqvxboa	Independent board member	-	Current	9y 1m
zausqyq	Independent board member	-	Current	5y 9m
ewxnsrq	Independent board member	-	Current	1y 6m
rbxjvqz	Independent board member	-	Current	4y 8m
oiatjjt	Independent board member	-	Current	6y 8m
vdyshkr	Independent board member	-	Current	1y 2m
ialgaql	Independent board member	-	Current	6y 1m
zwecbet	Independent board member	-	Current	3y 6m
uknppkb	Independent board member	-	Current	9y 6m
obikptl	Independent board member	-	Current	7y 3m
g{ek{ym	Independent board member	-	Current	5y 8m

View details of Instructure's Founder profiles and Board Members

Instructure's employee count trend

Instructure has 2,217 employees as of Apr 26. Here is Instructure's employee count trend over the years:

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Top competitors of Instructure include PowerSchool, Classplus and D2L. Here is the list of Top 10 competitors of Instructure, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PowerSchool 1997, Folsom (United States), Acquired	Provider of software and cloud-based solutions for K-12 education	$32M	Warburg Pincus, Snider Capital & 7 others	79/100
2nd	Classplus 2015, Noida (India), Series D	Developer of application enabling educators to conduct online classes and coaching	$247M	Tiger Global Management, Alpha Wave Global ... & 47 others	77/100
3rd	D2L 1999, Kitchener (Canada), Public	Provider of LMS systems for multiple sectors	$244M	OMERS, New Enterprise Associates & 6 others	75/100
4th	Instructure 1999, Salt Lake City (United States), Acquired	Provider of learning management system and assessment and credential solutions	$105M	OpenView, Insight Partners & 11 others	69/100
5th	Kortext 2012, Bournemouth (United Kingdom), Series B	Provider of digital learning platforms and academic content management software	$33.3M	DMG Ventures, HSBC & 5 others	69/100
6th	Toddle 2019, Bengaluru (India), Series A	AI-powered management solutions for educational institutions	$29.6M	Z47, Trifecta Capital & 46 others	68/100
7th	LEAD School 2012, Mumbai (India), Series E	Provider of integrated learning system consisting of curriculum, pedagogy, and technology	$172M	Elevar Equity, WestBridge Capital & 21 others	68/100
8th	2U 2008, Annapolis (United States), Public	Provider of learning platform	$101M	QED Investors, Bessemer Venture Partners ... & 13 others	67/100
9th	Seesaw 1994, San Francisco (United States), Acquired	Provider of a learning experience platform for K-6 education	$27.3M	Providence Equity Partners, Reach Capital ... & 3 others	62/100
10th	Kanopy 2008, San Francisco (United States), Acquired	Video-streaming platform offering solutions for public libraries and universities	-	L Squared Capital Partners, New Canaan Funding ... & 2 others	61/100

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Instructure has not made any investments yet. Instructure has made 11 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 29, 2024	Acquisition	Scribbles	2010	Charlotte (United States)
Oct 30, 2023	Acquisition	Parchment	2003	Phoenix (United States)
Dec 15, 2022	Acquisition	LearnPlatform	2014	Raleigh (United States)