Instructure IPO
Instructure is an educational technology company best known for its Canvas learning management system, which is used by millions of students and educators in K-12 schools and higher education institutions worldwide. The company provides cloud-based software solutions that help educational institutions manage and deliver online and blended learning experiences.
Key Facts
| Industry | Educational Technology |
| Founded | 2008 |
| Headquarters | Salt Lake City, UT |
| Employees | ~2,000 |
| Website | instructure.com |
| Funding | Taken private by Thoma Bravo for $2B in 2020 |
About Instructure
Instructure develops learning management systems (LMS) and educational technology tools, with its flagship Canvas platform serving over 30 million users across K-12 schools, higher education institutions, and corporate training programs. Canvas gained significant market share by offering a more modern, user-friendly alternative to legacy LMS platforms, with cloud-native architecture and mobile-first design.
The company expanded beyond traditional LMS functionality to offer a comprehensive learning ecosystem including video conferencing, assessment tools, and analytics platforms. Instructure's focus on user experience and integration capabilities made it particularly popular during the rapid shift to remote learning. The company was taken private by Thoma Bravo in 2020 for $2 billion, allowing it to continue expanding its product suite and market reach without public market pressures.
IPO Status
Instructure was previously a public company, having gone public in 2015 and trading on the New York Stock Exchange under the ticker "INST." However, the company was acquired by private equity firm Thoma Bravo in December 2020 for approximately $2 billion, or $49.50 per share, taking the company private again. The acquisition by Thoma Bravo was part of the private equity firm's broader strategy of investing in educational technology companies. Since being taken private, Instructure has continued to operate and develop its Canvas platform and other educational software solutions, but it is no longer available for public investment. Thoma Bravo has a history of acquiring and improving educational technology companies before potentially taking them public again or selling them to other buyers.
Competitors
Frequently Asked Questions
Does Instructure have a stock?
Instructure previously had an IPO in 2015, but the company was taken private in December 2020 when it was acquired by private equity firm Thoma Bravo for approximately $2 billion.
When is the Instructure IPO date?
Instructure is not planning an IPO as it was taken private in 2020 by Thoma Bravo. Any future IPO would depend on the private equity firm's strategy, but no such plans have been announced.
How can I buy Instructure stock?
You cannot buy Instructure stock as the company was taken private by Thoma Bravo in 2020 and is no longer publicly traded. The stock was delisted from the NYSE following the acquisition.
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