
Instructure
Valuation
$2B
2019 Revenue
$258.5M
Customers
30M
Funding
$89.1M
Avg ACV
$9
Team
1.2K
Founded
2008
How Instructure CEO Steve Daly grew Instructure to $258.5M revenue and 30M customers in 2019.
Instructure is a provider of a cloud-based learning management system. The company offers tools for instructors and students that are designed to integrate drag-and-drop file uploaders, HTML 5 video, automatic speech-to-text conversion applications, as well as Web 2.0 tools and social media platforms. It also provides an index of online courses. It was founded in 2008 and is headquartered in Salt Lake City, Utah.
Last updated
Instructure Revenue
In 2019, Instructure's revenue reached $258.5M. The company previously reported $209.5M in 2018. Since its launch in 2008, Instructure has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2019 | Instructure Hit $258.5m revenue in December 2019 |
| 2018 | Instructure Hit $209.5m revenue in December 2018 |
| 2008 | Launched with $0 revenue |
Instructure Valuation, Funding Rounds
Instructure's most recent disclosed valuation is $2B.
Instructure has raised $89.1M in total funding across 5 rounds, with its most recent round in 2015.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2015 | Funding round | $40M | - | - |
| 2013 | Funding round | $30M | - | - |
| 2012 | Funding round | $10M | - | - |
| 2011 | Funding round | $8M | - | - |
| 2010 | Funding round | $1.1M | - | - |
Instructure Employees & Team Size
Instructure employs approximately 1.2K people as of 2026.
Instructure has 1.2K total employees in different roles and functions. They have 30M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 1.2K employees (April 2021) |
Founder / CEO
Steve Daly
Standing at Instructure’s helm is CEO, Steve Daly, who has more than 25 years of experience in technology. Steve has spent his career building businesses organically and through more than 20 acquisitions. He was the CEO at LANDESK/Ivanti for 13 years prior to coming to Instructure. Prior to that, he was SVP of Corporate Strategy at Avocent, which had acquired his startup, Soronti. He started his tech career with a 10 year stint at Intel. Steve earned a BS in Mechanical Engineering and an MBA in Strategy & Finance at Brigham Young University.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Instructure acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
Frequently Asked Questions about Instructure
What is Instructure's revenue?
Instructure generates $258.5M in revenue.
Who founded Instructure?
Instructure was founded by Steve Daly.
Who is the CEO of Instructure?
The CEO of Instructure is Steve Daly.
How much funding does Instructure have?
Instructure raised $89.1M.
How many employees does Instructure have?
Instructure has 1.2K employees.
Where is Instructure headquarters?
Instructure is headquartered in Salt Lake City, Utah, United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .