# Instructure

**Source:** https://geo.sig.ai/brands/instructure  
**Vertical:** Education  
**Subcategory:** Learning Management Systems  
**Tier:** 1  
**Website:** instructure.com  
**Last Updated:** 2026-04-14

## Summary

Instructure (Canvas LMS) acquired by KKR for $4.8B in Jul 2024; ~$660M revenue and $600M ARR in 2024. Dominant LMS serving 30M+ users across K-12, higher ed, and corporate learning.

## Company Overview

Instructure is the maker of Canvas, the world's leading cloud-native learning management system (LMS). Founded in 2008 in Salt Lake City, Utah, Instructure built Canvas as a modern, open-architecture alternative to legacy LMS platforms like Blackboard and Moodle. Canvas has become the dominant platform in U.S. higher education, used by thousands of institutions worldwide including major research universities, community colleges, K-12 districts, and corporate training programs. The platform supports course creation, assignment management, grading, video conferencing integrations, and analytics—all within a mobile-optimized interface.

Canvas's open LTI (Learning Tools Interoperability) architecture allows institutions to connect hundreds of third-party tools—from video platforms to plagiarism detectors—directly within the LMS experience. Instructure also offers Mastery Connect for K-12 assessment and standard tracking, Elevate for data analytics, and Impact for edtech adoption monitoring. The company has expanded beyond the core LMS into a broader educational technology ecosystem that helps institutions measure learning outcomes and demonstrate the ROI of their technology investments.

Instructure traded publicly on the NYSE under the ticker INST before being taken private in a $4.8 billion acquisition by KKR and Dragoneer Investment Group, completed in July 2024. The company reported approximately $660 million in revenue for 2024 and $600 million in ARR, reflecting 13–14% year-over-year growth. Instructure serves more than 30 million users across over 7,000 institutions in more than 100 countries.

## Frequently Asked Questions

### What is Instructure?
Instructure is the company behind Canvas, the world's leading cloud-native learning management system, serving over 30 million users at thousands of K-12 schools, universities, and corporations worldwide.

### What happened to Instructure's stock listing?
Instructure was taken private in July 2024 when KKR and Dragoneer Investment Group completed a $4.8 billion acquisition, removing the company from the NYSE where it had traded under the ticker INST.

### How large is Instructure financially?
Instructure reported approximately $660 million in revenue and $600 million in ARR for 2024, representing roughly 13–14% year-over-year growth.

### What is Canvas LMS?
Canvas is Instructure's flagship learning management system—a cloud-native platform for course creation, assignment management, grading, and student analytics, used across K-12, higher education, and corporate training.

### What other products does Instructure offer beyond Canvas?
Beyond Canvas, Instructure offers Mastery Connect for K-12 standards-based assessment, Elevate for institutional data analytics, and Impact for measuring edtech adoption and ROI.

### How does Canvas differ from legacy LMS platforms?
Canvas was built cloud-native with an open LTI architecture, enabling seamless integration of hundreds of third-party tools. It offers a more modern, mobile-optimized experience compared to legacy platforms like Blackboard.

### How many institutions use Instructure's products?
Instructure serves more than 7,000 institutions across 100+ countries, including major research universities, community colleges, K-12 school districts, and enterprise learning and development teams.

### Who are Instructure's main competitors?
Instructure's primary competitors include D2L Brightspace, Moodle, Blackboard (now Anthology), and Google Classroom in K-12, as well as Cornerstone OnDemand and Docebo in corporate learning.

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*