Instructure Holdings, Inc.

Instructure Holdings, Inc. is an American educational technology company headquartered in Salt Lake City, Utah, founded in 2008. The company's mission is to build industry-leading edtech solutions that empower teachers and learners at every stage of their educational journey, aiming to elevate student success, amplify the power of teaching, and inspire everyone to learn together.

Instructure specializes in cloud-based platforms for learning management, assessment, and credentialing. Its flagship product is Canvas, a widely adopted learning management system (LMS). The company's product ecosystem also includes Mastery for assessment management, Parchment for credential management, and Impact for evaluating edtech ecosystems. These solutions cater to K-12, higher education, and business/government sectors for professional learning.

As of November 2024, Instructure is privately held, having been acquired by investment funds managed by KKR and Dragoneer Investment Group in an all-cash deal valued at $4.8 billion, which resulted in its delisting from the NYSE. Led by CEO Steve Daly, Instructure maintains a leading position in the LMS market, with Canvas holding significant market share in North American higher education and K-12. Recent developments include a global partnership with OpenAI, announced in July 2025, to integrate AI learning experiences, such as the LLM-Enabled Assignment tool, into the Canvas platform. The company also introduced its IgniteAI initiative to embed AI tools in education and, in April 2026, unveiled simplified Canvas tiers and ecosystem updates. On May 1, 2026, Instructure disclosed a cybersecurity incident and is actively investigating its impact.