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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.

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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.

Instructure Revenue GrowthReported revenue / ARR by year$0$60M$120M$180M$240M$300M2008201020122014201620182019$0$259MSource: GetLatka.com
YearMilestone
2019Instructure Hit $258.5m revenue in December 2019
2018Instructure Hit $209.5m revenue in December 2018
2008Launched 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.

Instructure Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$20M$40M$60M$80M$100M200820092010201120122013201420152008 cumulative: $0 • 2008 Founded: $02010 cumulative: $1M • 2008 Founded: $0 • 2010 Funding round: $1M2011 cumulative: $9M • 2008 Founded: $0 • 2010 Funding round: $1M • 2011 Funding round: $8M2012 cumulative: $19M • 2008 Founded: $0 • 2010 Funding round: $1M • 2011 Funding round: $8M • 2012 Funding round: $10M2013 cumulative: $49M • 2008 Founded: $0 • 2010 Funding round: $1M • 2011 Funding round: $8M • 2012 Funding round: $10M • 2013 Funding round: $30M2015 cumulative: $89M • 2008 Founded: $0 • 2010 Funding round: $1M • 2011 Funding round: $8M • 2012 Funding round: $10M • 2013 Funding round: $30M • 2015 Funding round: $40M$89M2008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2015Funding round$40M--
2013Funding round$30M--
2012Funding round$10M--
2011Funding round$8M--
2010Funding 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.

Instructure Team GrowthReported headcount over time03006009001,2001,50020082010201220142016201820202021001,1961,196Source: GetLatka.com
YearMilestone
2021Reached 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.

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Customers

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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 .

Instructure Revenue 2019: $258.5M ARR, $2B Valuation