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
3
Total Funding
$89.10 million dollars
IPO Status
Public
Financial
Instructure reported solid revenue growth and record adjusted EBITDA for FY 2023. The company also completed the acquisition of Parchment, the world's largest academic credential management platform and network. Additionally, Instructure announced a host of AI updates for its Canvas platform and launched the EdCo Partner Program to elevate excellence in teaching and learning.
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.
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