Overview

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IPO / Stock
Went Public on Nov 16, 2015 / NYSE:INST
Total Equity Funding
$79.1M in 4 Rounds from 7 Investors
Headquarters:
Salt Lake City, Utah
Description:
Instructure is a learning technology company and the creator of the Canvas learning management system (LMS) for K-12 and higher education.
Founders:
,
Categories:
Education, EdTech, Cloud Management, Enterprise Software
Website:
http://www.instructure.com
Social:

Company Details

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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.

In September 2013 the company partnered with AMC and the University of California, Irvine to provide an unprecedented MOOC that used popular television show “The Walking Dead” as its primary textbook. This course had 65,000 enrollees worldwide.

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.

As of December 2014, Instructure and its 500+ employees serviced 14 million teachers and students at more than 1,000 institutions worldwide with Canvas. In May 2014, Instructure launched Canvas Catalog, a white-label platform that enables any institution, government entity, university or K-12 school to create a branded index of online courses. Instructure also recently introduced a new platform called Canvas Commons, a learning object repository that integrates into the Canvas LMS environment.

Because learning doesn’t end after graduation, Instructure also offers Bridge, the modern learning and engagement platform that enables organizations of every kind to engage with employees by measuring and improving employee sentiment, alignment and knowledge in real time.

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 (4) - $79.1M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2015$40M / Series E4
Jun, 2013$30M / Series D3
Apr, 2011$8M / Series B4
Mar, 2010$1.1M / Series A2

Current Team (14)

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Products (2)

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Competitors (14)

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  • Mobile and web school administration system
  • ATutor is an Open Source Web-based Learning Content Management System (LCMS) designed with accessibility and adaptability in mind.
  • Blackboard provides enterprise technology and innovative solutions that enhance teaching and learning methods.
  • D2L is an integrated learning platform, providing cloud learning solutions for educational institutes.
  • Docebo is a cloud 'e-learning as a service' product that enables companies to deliver, track and certify online training to their staff.
  • HiFiKids Corp offers a cloud-based, e-learning platform that supports interactive knowledge and information sharing.
  • Moodle is a free and open-source software learning platform.
  • Moodlerooms is an e-learning solution that enables users to create, personalize and track instructions for students with online tools.

Offices/Locations (1)

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  • Headquarters

    6330 South 3000 East

    STE 700

    Salt Lake City, Utah 84121

    United States

Past Team (5)

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Images (4)

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