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 Jul 31, 2026, the latest employee count at Instructure is 2277.

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. Its primary sector is Higher Education Tech. In United States, the Higher Education Tech sector has seen $148M in funding in 2026 to date.

What is the annual revenue of Instructure?

Annual revenue of Instructure is between $500M and $1B as on Dec 31, 2023

Where does Instructure rank among its competitors?

Instructure ranks 4th amongst 2648 active competitors, of which 144 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Toddle, which secured $6.06M in Jan, 2025.

Who are the top competitors of Instructure?

Instructure's top competitors include PowerSchool, Toddle and D2L. Among them, Toddle secured the most recent funding round in January, 2025.

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

Instructure is an acquired company based in Salt Lake City (United States), founded in 1999 by Brian Whitmer. It operates as a Provider of learning management system and assessment and credential solutions. Instructure has raised $105M in funding from investors like Insight Partners, Bessemer Venture Partners and OpenView, with last known valuation of $*****. The company has 2648 active competitors, including 144 funded and 142 that have exited. Its top competitors include companies like PowerSchool, Toddle and D2L.

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 2648 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2023

Employee Count

2,277 as on Jul 31, 2026

Investment & Acquisitions

Scribbles & 10 more

Similar Companies

PowerSchool & 1796 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	$100M - $500M (As on Dec 31, 2019)	1095 (As on Dec 31, 2023)	-
INSTRUCTURE HOLDINGS, INC. CIN: 1841804 , United States, Active	Jan 13, 2020	$500M - $1B (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	3888801	Post IPO	6292147	1473289	4599391	5193842
Jan 01, 2021	3924593	Grant (prize money)	2146704	9169672	5997272	Europa
Mar 05, 2019	1246008	Series E	4367920	3806175	1273183	4697753

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View details of Instructure's funding rounds and investors

The founders of Instructure is Brian Whitmer. 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.
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, Adam Marcus, Nick Efstratis, Daniel Goldsmith, Steve Collins, Kevin Thompson, Byron Deeter, Bill Conroy, Firas Raouf, Steven A. Collins, Steven B. Kaminsky, NICK ESFRATIS, Joshua L. Coates, William M. Conroy, JOSHUA COATES, WEBB MARK, 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 5m
wj{jfjo	Independent board member	-	Current	3y 6m
zbmsnyu	Independent board member	-	Current	8y 1m
vl{kcsn	Independent board member	-	Current	4y 4m
eghlfmh	Independent board member	-	Current	9y 7m
putzk{o	Independent board member	-	Current	3y 5m
nsjokzq	Independent board member	-	Current	2y 3m
r{gunze	Independent board member	-	Current	1y 7m
wwox{nz	Independent board member	-	Current	9y 8m
zkyxgvr	Independent board member	-	Current	6y 5m
mzcqlxf	Independent board member	-	Current	7y 2m
rmmfpne	Independent board member	-	Current	5y 4m
splxhdc	Independent board member	-	Current	6y 7m
nrpmkku	Independent board member	-	Current	3y 3m
ofxmzlg	Independent board member	-	Current	6y 7m
sfdsedh	Independent board member	-	Current	6y 9m
kvdjppx	Independent board member	-	Current	6y 6m
tikldgi	Independent board member	-	Current	9y 3m
ajutdin	Independent board member	-	Current	9y 3m

View details of Instructure's Founder profiles and Board Members

Instructure's employee count trend

Instructure has 2,277 employees as of Jul 26. Here is Instructure's employee count trend over the years:

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Top competitors of Instructure include PowerSchool, Toddle 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	78/100
2nd	Toddle 2019, Bengaluru (India), Series A	Developer of learning management software for curriculum and assessment planning	$29.6M	Trifecta Capital, Z47 & 47 others	75/100
3rd	D2L 1999, Kitchener (Canada), Public	Provider of LMS systems for multiple sectors	$244M	New Enterprise Associates, OMERS & 6 others	74/100
4th	Instructure 1999, Salt Lake City (United States), Acquired	Provider of learning management system and assessment and credential solutions	$105M	OpenView, EPIC Ventures & 11 others	73/100
5th	Blackboard 1997, Reston (United States), Acquired	Educational platform offering online learning solutions and services for professional development, training, and employee development	$30M	Dell, Reverence Capital Partners & 8 others	71/100
6th	Kortext 2012, Bournemouth (United Kingdom), Series B	Provider of digital learning platforms and student engagement analytics software	$33.3M	DMG Ventures, Salica Investments & 5 others	69/100
7th	Classplus 2015, Noida (India), Series D	Online platform offering a suite of solutions for managing coaching institutes, including attendance tracking and private tutoring courses	$171M	Alpha Wave Global, Tiger Global Management ... & 43 others	68/100
8th	Ellucian 1968, Fairfax (United States), Acquired	Cloud based enterprise resource planning software for universities	-	Leonard Green and Partners, Thoma Bravo & 6 others	68/100
9th	Anthology 1996, Boca Raton (United States), Public	Provider of educational tools and platforms for institutions and learners	$129M	Oak Hill, Dell & 19 others	66/100
10th	Noodle 2013, New York City (United States), Series C	Discovery platform for educational resources	$142M	ValueAct Capital, SWaN & Legend Venture Partners ... & 9 others	66/100

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

Here is the list of latest three $acquisitions:

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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)