How Instructure hit $258.5M Revenue with 30M customers in 2022.
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.
In 2022, Instructure revenue run rate hit $258.5M in revenue.
Instructure hit $258.5M in revenue in 2019
Instructure hit $209.5M in revenue in 2018
Instructure launched in 2008 with $0 revenue
Instructure Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
Instructure raised a of $40M
Instructure raised a of $30M
Instructure raised a of $10M
Instructure raised a of $8M
Instructure raised a of $1.1M
Instructure has 1196 total employees They have 30000000 customers
Total team size
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.