Instructure
Salt Lake City, Utah, United States
Valuation
$2B
2019 Revenue
$258.5M
Customers
30M
Funding
$89.1M
Avg ACV
$9
Team · 2021
1.2K
Founded
2008
Instructure Revenue, Valuation & Funding (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 | Source |
|---|---|---|
| 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 | Source |
|---|---|---|---|---|---|
| 2015 | Funding round | $40M | - | - | |
| 2013 | Funding round | $30M | - | - | |
| 2012 | Funding round | $10M | - | - | |
| 2011 | Funding round | $8M | - | - | |
| 2010 | Funding round | $1.1M | - | - |
Founder / CEO
Steve Daly
CEO
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
Instructure serves 30M customers.
Instructure Employees & Team Size
Instructure employs approximately 1.2K people as of 2026. It serves 30M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 1.2K employees (April 2021) |
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 across 5 rounds.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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