Instructure

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American technology company

title: "Instructure" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["2008-establishments-in-utah", "2015-initial-public-offerings", "2019-mergers-and-acquisitions", "2024-mergers-and-acquisitions", "american-companies-established-in-2008", "companies-based-in-salt-lake-city", "companies-formerly-listed-on-the-new-york-stock-exchange", "education-companies-established-in-2008", "educational-software-companies", "educational-technology-companies-of-the-united-states", "free-educational-software", "learning-management-systems", "software-companies-based-in-utah", "software-companies-established-in-2008", "software-companies-of-the-united-states", "virtual-learning-environments", "thoma-bravo-companies"] description: "American technology company" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/Instructure" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American technology company ::

::data[format=table title="Infobox company"]

FieldValue
nameInstructure, Inc.
logo2019_InstructureLogoHorizontal_Color.svg
image_altEducational Technology Company
typePrivate
traded_as
location_citySalt Lake City, Utah
hq_location_countryUnited States
num_locations7
foundation
founderBrian Whitmer and Devlin Daley
area_servedWorldwide
key_people{{Plainlist
num_employees1,466 (2022)
revenue$475.2 million (2022)
homepage
industryEducational Technology
Learning Management Systems
Assessment Management Systems
Assessment
productsCanvas, Catalog, Studio, Portfolium, MasteryConnect, Videri, CASE Benchmarks and Item Bank, Navigate Item Bank, Academic Benchmarks, Certify, DataConnect, Program Assessment, Pathways, Canvas for Corporate Education
::

| name = Instructure, Inc. | logo = 2019_InstructureLogoHorizontal_Color.svg | image_alt = Educational Technology Company | type = Private | traded_as = | location_city = Salt Lake City, Utah | hq_location_country = United States | num_locations = 7 | foundation = | founder = Brian Whitmer and Devlin Daley | area_served = Worldwide | key_people = {{Plainlist|

  • Steve Daly
  • (CEO) | num_employees = 1,466 (2022) | revenue = $475.2 million (2022) | homepage = | industry = Educational Technology Learning Management Systems Assessment Management Systems Assessment | products = Canvas, Catalog, Studio, Portfolium, MasteryConnect, Videri, CASE Benchmarks and Item Bank, Navigate Item Bank, Academic Benchmarks, Certify, DataConnect, Program Assessment, Pathways, Canvas for Corporate Education| | name = Canvas | logo = | logo alt = | logo caption = | screenshot = | screenshot size = | screenshot alt = The interface of Canvas | caption = The interface of Canvas | collapsible = | author = | developer = Instructure | released = | discontinued = | ver layout = | latest release version = | latest release date = | latest preview version = | latest preview date = | repo = | programming language = Ruby on Rails | engine = | operating system = | platform = | included with = | size = | language = | language count = | language footnote = | genre = | license = Core AGPLv3, Some official plugins proprietary | alexa = | website = https://www.instructure.com/canvas | standard = | AsOf =

Instructure Holdings, Inc. is an educational technology company based in Salt Lake City, Utah, United States. It is the developer and publisher of Canvas, a web-based learning management system (LMS).

History

The company was founded in 2008 by two BYU graduate students, Brian Whitmer and Devlin Daley. Its initial funding came from Mozy founder Josh Coates, who served as Instructure's CEO from 2010 to 2018 and chairman of the board through 2020.

In December 2010, the Utah Education Network (UEN), a representative of a number of Utah colleges and universities, announced that Instructure would be replacing Blackboard. By 2013, the company's customer base had increased to 9 million users.

In 2011, Instructure launched Canvas, a learning management system. The company announced that Canvas would be made freely available under an Affero General Public License (AGPL) license as open-source software. As of 2025, the core of Canvas was AGPL-licensed and installable, but several commonly-used Infrastructure-plugins were proprietary, making Canvas open-core. As of 2020, Canvas was used in approximately 4,000 institutions worldwide.

In 2015, Instructure launched Bridge, a cloud-based corporate learning management system. It was acquired by Learning Technologies Group (LTG) in 2021.

As of 2015, the company had raised $90 million in funding from investors. On November 13, 2015, the firm began trading as a publicly held company on the New York Stock Exchange.

In 2017, the company acquired Philadelphia based video learning startup Practice XYZ, formerly known as ApprenNet and merged the offerings into its own products.

In 2020, Thoma Bravo acquired the company for $2 billion. In June 2021, Instructure again filed for an IPO, and began trading under the symbol INST.

In 2024, it was announced that KKR and Dragoneer had completed their purchase of the company for $4.8 billion.

In 2024, Instructure announced the acquisition of Parchment, a credential management platform.

On July 23, 2025, OpenAI and Instructure announced a global partnership to bring AI tools inside the Canvas LMS.

References

References

  1. "Instructure 2022 Annual Report".
  2. "Instructure Company Profile". Craft.
  3. (May 19, 2020). "FAQ". Instructure.
  4. Kim, Joshua. "An Instructure Canvas LMS Timeline".
  5. "Instructure CEO change, Survey shows affordable housing concern, Powerful U Experience event".
  6. (December 14, 2010). "New Statewide Learning Management System Selected". Utah Education Network.
  7. Empson, Rip. (November 2012). "With 4.5M Users, Instructure Takes On The Courseras & Udacities Of The World With Its Own Open Course Network". TechCrunch.
  8. Tate, Emily. (2018-07-16). "How Canvas came to unseat Blackboard as the leading LMS".
  9. Michael Arrington. (January 31, 2011). "Instructure Launches To Root Blackboard Out Of Universities". Interserve dba TechCrunch.
  10. Josh Keller. (January 31, 2011). "Upstart Course-Management Provider Goes Open Source". The Chronicle of Higher Education.
  11. Christopher Dawson. (February 1, 2011). "There are alternatives to Blackboard and Moodle: Instructure Canvas goes open source". CBS Interactive.
  12. "Instructure Releases Canvas for Android".
  13. (2018-10-24). "Why Colleges and Universities Are Adopting Canvas".
  14. Buhr, Sarah. (2015-02-18). "On The Way To An IPO, Education Technology Startup Instructure Is Close To Raising A Big New Round". [[TechCrunch]].
  15. (2021-06-28). "Behind the Deal: Why LTG acquired Bridge".
  16. Locke, Charley. (2015-02-24). "Instructure Plots Path to IPO, Corporate Customers After $40M Series E". [[Edsurge]].
  17. Schaffler, Rhonda. (2015-11-13). "Instructure IPO Debuts on NYSE With Double-Digit Gain". [[TheStreet]].
  18. (November 29, 2017). "Practice got acquired by Instructure. Here are the details". Technical.ly.
  19. (December 2, 2017). "We’re Talkin’ About Practice: Instructure Acquires Video-Based Learning Platform". Ed Surge.
  20. "Instructure files for U.S. IPO after 2020 take-private deal with Thoma Bravo". Reuters.
  21. (28 June 2021). "Instructure, creator of Canvas, files for initial public offering". Scoop News Group.
  22. (4 July 2021). "Another Education Company Goes Public: Instructure IPO Gives Ed-Tech Firm $2.9 Billion Valuation".
  23. (14 November 2024). "KKR and Dragoneer complete $4.8bn take-private acquisition of edtech firm Instructure". PE Hub.
  24. (July 25, 2024). "KKR to take edu-tech firm Instructure private for $4.8 billion".
  25. Ravaglia, Ray. "Instructure And OpenAI Harness The Power Of AI To Transform Learning".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

2008-establishments-in-utah2015-initial-public-offerings2019-mergers-and-acquisitions2024-mergers-and-acquisitionsamerican-companies-established-in-2008companies-based-in-salt-lake-citycompanies-formerly-listed-on-the-new-york-stock-exchangeeducation-companies-established-in-2008educational-software-companieseducational-technology-companies-of-the-united-statesfree-educational-softwarelearning-management-systemssoftware-companies-based-in-utahsoftware-companies-established-in-2008software-companies-of-the-united-statesvirtual-learning-environmentsthoma-bravo-companies