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 May 31, 2026, the latest employee count at Instructure is 2229.

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 between $500M and $1B as on Dec 31, 2023

Where does Instructure rank among its competitors?

Instructure ranks 5th amongst 2438 active competitors, of which 142 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, D2L and Blackboard. 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

5^th among 2438 active competitors

Annual Revenue

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

Employee Count

2,229 as on May 31, 2026

Investment & Acquisitions

Scribbles & 10 more

Similar Companies

PowerSchool & 1666 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	8558224	Post IPO	5666115	6522676	1397975	4165504
Jan 01, 2021	7946634	Grant (prize money)	7802065	4611526	5037007	Europa
Mar 05, 2019	9750415	Series E	6715283	4278411	3945375	2437745

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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, 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 3m
cknolog	Independent board member	-	Current	6y 2m
xpnv{ja	Independent board member	-	Current	3y 9m
kreuwoo	Independent board member	-	Current	4y 8m
ipibukx	Independent board member	-	Current	8y 3m
korcaqd	Independent board member	-	Current	8y 9m
dr{rsru	Independent board member	-	Current	7y 1m
qermsqx	Independent board member	-	Current	3y 1m
kvlstjh	Independent board member	-	Current	2y 6m
zfs{gyk	Independent board member	-	Current	3y 5m
hjoarcr	Independent board member	-	Current	5y 1m
zsmllvq	Independent board member	-	Current	3y 9m
bsbgeth	Independent board member	-	Current	2y 4m
mmrvjat	Independent board member	-	Current	3y 2m
nwsehox	Independent board member	-	Current	9y 2m
tpclejh	Independent board member	-	Current	3y 8m
djhcdac	Independent board member	-	Current	6y 8m
dmwyobe	Independent board member	-	Current	5y 4m
mzdlokk	Independent board member	-	Current	8y 9m

View details of Instructure's Founder profiles and Board Members

Instructure's employee count trend

Instructure has 2,229 employees as of May 26. Here is Instructure's employee count trend over the years:

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Top competitors of Instructure include PowerSchool, D2L and Blackboard. 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	D2L 1999, Kitchener (Canada), Public	Provider of LMS systems for multiple sectors	$244M	New Enterprise Associates, OMERS & 6 others	75/100
3rd	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
4th	Anthology 1996, Boca Raton (United States), Public	Provider of educational tools and platforms for institutions and learners	$129M	Oak Hill, Dell & 19 others	71/100
5th	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
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	Toddle 2019, Bengaluru (India), Series A	AI-powered management solutions for educational institutions	$29.6M	Trifecta Capital, Z47 & 47 others	69/100
8th	Ellucian 1968, Fairfax (United States), Acquired	Cloud based enterprise resource planning software for universities	-	Leonard Green and Partners, Hellman & Friedman ... & 6 others	68/100
9th	LEAD School 2012, Mumbai (India), Series E	Provider of integrated learning system consisting of curriculum, pedagogy, and technology	$172M	WestBridge Capital, Elevar Equity & 21 others	67/100
10th	2U 2008, Annapolis (United States), Public	Provider of learning platform	$101M	QED Investors, Bessemer Venture Partners ... & 13 others	67/100

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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)