OverviewSuggest Edit

Instructure is a technology company that is focused on providing cloud-based learning management software for educational institutions, companies, and other organizations. The Company develops Canvas, a learning management application for the education market; and Bridge for the corporate market to enable its customers to develop, deliver and manage face-to-face and online learning experiences.

TypePublic
Founded2008
HQSalt Lake City, UT, US
Websiteinstructure.com
Employee Ratings3.1
Overall CultureB

Latest Updates

Employees (est.) (Sept 2019)1,413(+3%)
Revenue (FY, 2019)$258.5 M(+24%)
Share Price (Mar 2020)$49
Cybersecurity ratingCMore

Key People/Management at Instructure

David Burggraaf

David Burggraaf

SVP, Engineering
Matt Kaminer

Matt Kaminer

SVP, General Counsel & Secretary
Jeff Weber

Jeff Weber

SVP, People & Places
Zach Wily

Zach Wily

Chief Architect
Mitch Benson

Mitch Benson

SVP, Product
Emily Foote

Emily Foote

GM, Practice
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Instructure Office Locations

Instructure has offices in Salt Lake City, Chicago, Pleasant Grove, Sydney and in 2 other locations
Salt Lake City, UT, US (HQ)
6330 S 3000 E #700
Chicago, IL, US
130 E Randolph St #2100
Pleasant Grove, UT, US
2100 Pleasant Grove Blvd #600
Sydney, AU
Level 19, One Wharf Lane, 171 Sussex St
London, GB
New Penderel, House 4th Flr, 283, 288 High Holborn, Holborn
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Instructure Financials and Metrics

Instructure Revenue

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Instructure's revenue was reported to be $258.47 m in FY, 2019
USD

Revenue (FY, 2019)

258.5m

Gross profit (FY, 2019)

175.6m

Gross profit margin (FY, 2019), %

68%

Net income (FY, 2019)

(80.8m)

EBIT (FY, 2019)

(86.0m)

Market capitalization (30-Mar-2020)

1.9b

Closing stock price (30-Mar-2020)

49.0

Cash (31-Dec-2019)

101.2m

EV

1.8b
Instructure's current market capitalization is $1.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

110.9m158.8m209.5m258.5m

Revenue growth, %

51%43%32%

Cost of goods sold

32.7m46.4m61.8m82.8m

Gross profit

78.1m112.4m147.7m175.6m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

23.3m25.9m30.1m34.0m38.0m42.9m48.0m50.1m55.2m58.1m62.9m68.3m

Cost of goods sold

7.3m7.6m8.6m9.6m11.0m12.5m14.0m14.6m16.1m18.2m20.4m21.3m

Gross profit

16.0m18.3m21.5m24.4m27.1m30.5m34.0m35.5m39.1m39.9m42.4m47.0m

Gross profit Margin, %

68%71%71%72%71%71%71%71%71%69%67%69%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

44.5m35.7m94.3m101.2m

Accounts Receivable

6.8m30.8m35.5m38.0m

Prepaid Expenses

11.5m13.9m9.8m

Inventories

8.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(53.6m)(49.8m)(43.5m)(80.8m)

Depreciation and Amortization

4.0m6.8m11.5m20.0m

Inventories

(592.0k)

Accounts Payable

4.1m740.0k(2.8m)13.0m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(13.7m)(28.3m)(40.6m)(12.7m)(25.7m)(38.1m)(11.9m)(24.4m)(35.9m)(16.1m)(36.9m)(57.8m)

Depreciation and Amortization

989.0k2.1m3.1m1.4m3.0m4.7m2.8m5.6m8.6m3.5m8.8m14.5m

Accounts Payable

515.0k1.7m4.3m(1.5m)2.2m8.2m2.1m3.0m10.2m3.1m10.6m8.9m

Cash From Operating Activities

(18.8m)(28.4m)(6.7m)(27.7m)(39.6m)3.9m(12.3m)(34.4m)20.3m(36.2m)(50.6m)31.6m
USDQ1, 2016

Revenue/Employee

28.7k

Financial Leverage

2.9 x
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Instructure Operating Metrics

Instructure's Backlog was reported to be $284m in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017Mar, 2018

Backlog

$113 m$152 m$213 m$284 m

Corporate and Institutional Clients

1.80 k2 k3 k3 k

Countries

35 40 60 65
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Instructure Revenue Breakdown

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Instructure revenue breakdown by geographic segment: 85.7% from United States and 14.3% from Foreign

Instructure Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Instructure Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Instructure Online and Social Media Presence

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Instructure Company Culture

  • Overall Culture

    B

    76/100

  • CEO Rating

    A+

    83/100

  • Compensation

    B+

    79/100

  • Diversity

    B+

    81/100

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Instructure News and Updates

Instructure and Partners Urge Biden/Harris Administration to Address Ongoing Issues Impacting Nation's Education System

SALT LAKE CITY, Dec. 17, 2020 /PRNewswire/ --Today, Instructure announced it has been joined by Concentric Sky, Nearpod, Unicon, and Zoom in urging the incoming Biden administration to secure sufficient education funding, achieve education equity, and address ongoing issues impacting our...

Instructure to Acquire Certica Solutions to Make Learning Personal for Every Student

SALT LAKE CITY, Dec. 10, 2020 /PRNewswire/ -- Instructure today announced it has signed an agreement to acquire Certica Solutions, an industry leader in K12 assessment and analytics, and longtime partner of Canvas and MasteryConnect. Through this acquisition, Instructure will provide the...

Course Authoring Software Market New Trends with COVID-19 Impact Analysis by 2027 - Instructure, Inc., iSpring Solutions Inc., LearnWorlds, Lessonly, Inc., SAP Litmos (Callidus Software Inc.)

International Course Authoring Software Market Study focuses on Industry Influence Factors, Growth Drivers, Restraints, Trends and Opportunities so that Market Players can face any challenges and take advantage of Lucrative Prospects available in the Global Course Authoring Software market. Posted v…

Global Self-Paced E-learning Market (2020 to 2024) - Featuring Instructure, John Wiley & Sons and Pearson Among Others

Dublin, Nov. 24, 2020 (GLOBE NEWSWIRE) -- The "Global Self-Paced E-learning Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The self-paced e-learning market is poised to grow by $ 6.71 billion during 2020-2024 progressing at a CAGR of 3% during the forecast period. T…

Praesidium cuts Instructure stake amid plans for sale

Praesidium Investment Management, a vocal critic of Instructure Inc.'s plans to sell itself to private equity firm Thoma Bravo, said on Thursday that it cut its stake in the U.S. educational software company.

Some investors cut Instructure stakes amid uncertain future -filings

Instructure Inc's uncertain future, clouded by a buyout offer that a few shareholders called too cheap, prompted some investors to shrink their holdings in the U.S. educational company in the last months of 2019.
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Instructure Blogs

Bridge Honored As Stevie® Winner in 2020 Stevie Awards For Great Employers

rachel.parkinson Thu, 08/20/2020 - 10:07 Bridge Bridge, the award-winning learning and performance management platform from Instructure, has been named the winner of a Stevie® Award in both the Achievement in HR Technology and Mo…

A Message for Managers: Tips to Prepare Your Team for Return to the Office

rachel.parkinson Thu, 08/06/2020 - 11:35 Lyndsey Karp A few days ago, I received an email titled "Phasing Plan for Returning to the Office." My head perked up- a light at the end of the tunnel! Similar emails are hitting inboxes …

Don’t Put Your Oxygen Mask on First at Work

rachel.parkinson Mon, 07/06/2020 - 10:34 John Knotwell “Put your own oxygen mask on before helping others.” This airline safety tip has become a rallying cry for those who need to prioritize their own needs over everyone else ar…

Bridge Named Leader in G2’s Summer Report

rachel.parkinson Wed, 06/24/2020 - 09:09 Rachel Parkinson Whether you're currently using a learning management platform, or are looking to implement one, this report will provide you with unique insights and third-party review da…

Before They Quit, They Quit

rachel.parkinson Wed, 06/10/2020 - 14:27 Ryan Houmand It was a summer day in 2010, I'm sitting at a conference table in Houston at a client meeting. On a break, I check my phone for messages. There is a text for me to call the of…

Want to Achieve Something Big, Be SMART About It

rachel.parkinson Tue, 05/26/2020 - 14:26 Ryan Houmand “30 seconds!” I’m on a couch made to promote good posture, not comfort. The lights are bright, the room seems bigger than it needs to be, and it’s cold in here. I’d always he…
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Instructure Frequently Asked Questions

  • When was Instructure founded?

    Instructure was founded in 2008.

  • Who are Instructure key executives?

    Instructure's key executives are David Burggraaf, Matt Kaminer and Jeff Weber.

  • How many employees does Instructure have?

    Instructure has 1,413 employees.

  • What is Instructure revenue?

    Latest Instructure annual revenue is $258.5 m.

  • What is Instructure revenue per employee?

    Latest Instructure revenue per employee is $182.9 k.

  • Who are Instructure competitors?

    Competitors of Instructure include Fishtree, Goalbook and Knewton.

  • Where is Instructure headquarters?

    Instructure headquarters is located at 6330 S 3000 E #700, Salt Lake City.

  • Where are Instructure offices?

    Instructure has offices in Salt Lake City, Chicago, Pleasant Grove, Sydney and in 2 other locations.

  • How many offices does Instructure have?

    Instructure has 8 offices.