About Instructure
Instructure is an education technology company developing a learning management system for K-12 and higher education.
Headquarters
Instructure, Salt Lake City
Founded
2008-05-01
Industry
Cloud Management, EdTech, Education, Information Technology, SaaS
Last Funding Type
Private Equity
Valuation
2.8
Total Funding
$89.10 million dollars
IPO Status
Public
Financial
Instructure Holdings, Inc. has agreed to be acquired by KKR & Co. for $4.8 billion in an all-cash deal. The acquisition will take Instructure private, with KKR and Dragoneer Investment Group participating in the transaction. The deal values Instructure at $23.60 per share. Additionally, Morgan Stanley is leading a $2 billion debt package to help finance the acquisition.
Funding Rounds
6
Number of Lead Investors
5
Total Funding Amount
$89.10 million dollars
Number of Investors
8